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CORRECTED (OFFICIAL)-UPDATE 1-Foxconn beats estimates with record fourth-quarter revenue on AI demand
Corrects by removing reference to milestone for December revenue in paragraph 6 after company amended statementQ4 revenue surges 15.2% to $64.7 billionRevenue for consumer electronics division was flat Says Q1 should show strong growth yr/yr TAIPEI, Jan 5 (Reuters) - Taiwan's Foxconn 2317.TW, the wo...Reuters
Tue, Jan 7
BRIEF-DBS Taiwan Sees Taiwan GDP +3.0% In 2025 Vs +4.4% In 2024
Jan 7 (Reuters) - DBS Taiwan said at a news conference in Taipei: SEES TAIWAN GDP +3.0% IN 2025 VERSUS +4.4% IN 2024, AS EXPORTS FOR TECH PRODUCTS EASESEES TAIWAN CPI +1.9% IN 2025ESCALATING TENSIONS OVER TARIFFS TO BE IMPOSED BY INCOMING TRUMP ADMINISTRATION WOULD HAVE DIRECT IMPACT ON TAIWAN EXPOR...Reuters
Tue, Jan 7
BRIEF-Fagron To Buy CareFirst In North America And Injeplast In Brazil
Jan 7 (Reuters) - Fagron NV FAGRO.BR:BUYS CAREFIRST IN NORTH AMERICA AND INJEPLAST IN BRAZILCOMBINED ENTERPRISE VALUE OF THESE TWO ACQUISITIONS IS C.EUR 30MACQUISITIONS FULLY FINANCED THROUGH FAGRON'S OWN RESOURCESFurther company coverage: FAGRO.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters....Reuters
Tue, Jan 7
Sodexo Q1 revenue rises, boosted by emerging markets
Jan 7 (Reuters) - French food caterer Sodexo EXHO.PA reported a 4.6% rise in its first-quarter organic revenue on Tuesday, missing market expectations, as robust growth in India, Brazil and Australia was offset by decreased activity in Continental Europe. Consolidated revenue was 6.4 billion euros (...Reuters
Tue, Jan 7
Japan's 10-year bond yield flat after firm auction
TOKYO, Jan 7 (Reuters) - Japan's 10-year government bond (JGB) yield retreated from a session high and turned flat on Tuesday after an auction witnessed firm demand.The 10-year JGB yield JP10YTN=JBTC rose to as high as 1.135% but was last flat at 1.125%."The yield tracked U.S. Treasury yields higher
Reuters
Tue, Jan 7
Indonesia to meet Apple on investment proposal, official says
JAKARTA, Jan 7 (Reuters) - Indonesia's industry ministry will meet representatives from Apple AAPL.O on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said. Indonesia last year banned sales of Apple's iPhoReuters
Tue, Jan 7
PRESS DIGEST- New York Times business news - Jan 7
Jan 7 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. Steel X.N and Japan's Nippon Steel 5401.T sued the United States government on Monday in a last-ditch attempt to revive their ...Reuters
Tue, Jan 7
UPDATE 1-Yellen raised serious concern about China's 'malicious' cyber activity, Treasury says
Adds detail, contextBy Andrea Shalal WASHINGTON, Jan 6 (Reuters) - U.S. Treasury Secretary Janet Yellen met virtually on Monday with Chinese Vice Premier He Lifeng and raised concerns about "malicious cyber activity" carried out by Chinese state-sponsored actors, the Treasury Department said in a...Reuters
Tue, Jan 7
UPDATE 1-KKR considering selling Japan's Seiyu supermarket, Nikkei says
Adds companies declining to comment in last paragraphTOKYO, Jan 7 (Reuters) - U.S. private equity fund KKR KKR.N is considering selling supermarket chain Seiyu in a deal that could worth several hundred billion yen (several billion dollars), the Nikkei business daily reported on Tuesday. The bidding...Reuters
Tue, Jan 7
Soccer-Era ends as former champions Guangzhou denied permission to play in 2025
By Michael ChurchJan 7 (Reuters) - Former Asian champions Guangzhou FC will not play professionally in 2025 after the Chinese Football Association did not grant the eight-times Chinese Super League (CSL) winners permission to play in the coming campaign due to the club's financial issues.Guangzhou, ...Reuters
Tue, Jan 7
KKR considering selling Japan's Seiyu supermarket, Nikkei says
TOKYO, Jan 7 (Reuters) - U.S. private equity fund KKR KKR.N is considering selling supermarket chain Seiyu in a deal that could worth several hundred billion yen (several billion dollars), the Nikkei business daily reported on Tuesday. The bidding process for the sale of shares has begun, and major ...Reuters
Tue, Jan 7
Yellen raised serious concern about China's 'malicious' cyber activity, Treasury says
WASHINGTON, Jan 6 (Reuters) - U.S. Treasury Secretary Janet Yellen met virtually on Monday with Chinese Vice Premier He Lifeng and raised concerns about "malicious cyber activity" carried out by Chinese state-sponsored actors, the Treasury Department said in a statement. Treasury last month reported...Reuters
Tue, Jan 7
UPDATE 2-KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
Adds Fuji Soft and Bain responses from Tuesday in paragraphs 3-4By Anton Bridge TOKYO, Jan 7 (Reuters) - U.S. private equity fund KKR KKR.N said it has asked Fuji Soft 9749.T to file for an injuction in court to stop what it said was Bain Capital's violation of a non-disclosure agreement (NDA) am...Reuters
Tue, Jan 7
MOVES-Blue Owl Capital hires Yoichi Nakamura to lead private wealth in Japan
SINGAPORE, Jan 7 (Reuters) - Blue Owl Capital OWL.N, a New York-headquartered asset manager, said on Tuesday it had hired Yoichi Nakamura as managing director and head of Japan private wealth.Nakamura had previously served as CEO Japan of Algebris Investments, building the London-based asset managem...Reuters
Tue, Jan 7
BRIEF-Kkr Considering Selling Supermarket Chain Seiyu, Nikkei Says
Jan 7 (Reuters) - Pan Pacific International Holdings Corp 7532.T:KKR CONSIDERING SELLING SUPERMARKET CHAIN SEIYU, NIKKEI SAYSKKR IN TALKS WITH AEON, PAN PACIFIC INTERNATIONAL, OTHERS OVER SEIYU SALE, NIKKEI SAYSKKR PLANS TO SELECT SEIYU BUYER BY AROUND FEBRUARY, NIKKEI SAYSSource text: [ID:]Further ...Reuters
Tue, Jan 7
PRESS DIGEST- Financial Times - Jan. 7
Jan 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Bet365 boss Denise Coates' pay nearly halved to 150 mln stg last year- Shawbrook owners target 2 bln stg valuation as they weigh sale or...Reuters
Tue, Jan 7
UPDATE 3-North Korea successfully tests new intermediate-range missile, state media says
Missile used carbon fibre, state news agency saysSouth Korea disputes claimed range of 1,500kmLaunch coincided with visit by U.S. secretary of stateAdds South Korea acting president, defence ministry comment, KCNA photos in paragraphs 4-5, 8, 13By Hyonhee Shin SEOUL, Jan 7 (Reuters) - North Korea...Reuters
Tue, Jan 7
UPDATE 3-Exxon sues California AG, environmental groups over attacks on recycling efforts
Exxon accuses California AG of defamation over recycling techExxon claims AG Bonta linked to its rivals, seeks undisclosed damagesAdds comment from California Department of Justice in paragraph 5By Sheila Dang and Jonathan Stempel Jan 6 (Reuters) - Exxon Mobil XOM.N filed a lawsuit on Monday agai...Reuters
Tue, Jan 7
