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25 Mar

Power costs drive Spanish industrial prices to record high

Spanish industrial production prices rose at a record annual rate for the fifth straight month in February, pushed up by soaring energy costs, data from the National Statistics Institute (INE) showed on Friday.

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25 Mar

U.S. LNG will help reduce EU's Russian gas dependency, von der Leyen says

The commitment by the United States to deliver additional liquefied natural gas (LNG) to the EU is a big step towards making Europe less dependent on Russian gas, EU Commission head Ursula von der Leyen said on Friday.

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25 Mar

BOJ Kuroda repeats view weak yen benefits Japan's economy

Bank of Japan Governor Haruhiko Kuroda on Friday reiterated his view a weak yen benefits the economy as a whole, brushing aside concern the currency's slide to multi-year lows could do more harm than good to the resource-poor, import-reliant country.

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25 Mar

Telenor completes Myanmar business sale, to be paid over 5 years

Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion of the transaction.

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25 Mar

China's JD Logistics seals $1.1 billion capital increase, stock drops 11%

(Reuters) -China's JD Logistics priced new shares issued on Friday in a $1.1 billion capital increase at a steep discount to their previous close, triggering a slump in its stock early in the Kong Kong trading session.

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25 Mar

BOJ's Kuroda repeats view weak yen benefits Japan's economy

TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda on Friday reiterated his view a weak yen benefits the economy as a whole, brushing aside concern the currency's slide to multi-year lows could do more harm than good to the resource-poor, import-reliant country.

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24 Mar

China's JD Logistics locks in $1.1 billion in capital raising

(Reuters) -China's JD Logistics will price its issue of new shares at HK$20.71 each to raise HK$8.53 billion ($1.09 billion), according to a Hong Kong Stock Exchange filing on Friday.

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