Soldiers walks past a damaged building after government troops cleared the area from pro-Islamic State militant groups inside the war-torn Marawi city, southern Philippines October 19, 2017. REUTERS/Romeo Ranoco October 19, 2017 By Neil Jerome Morales MARAWI CITY, Philippines (Reuters) – The Philippine military said on Thursday there was a […]
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SAP profits miss forecasts as cloud shift inflates costs
FILE PHOTO: The logo of German software group SAP is pictured in Vienna, Austria, July 25, 2016. REUTERS/Leonhard Foeger/File Photo October 19, 2017 By Douglas Busvine and Eric Auchard FRANKFURT/LONDON (Reuters) – SAP <SAPG.DE>, Europe’s most valuable technology company, missed market expectations for third-quarter profit as it invested heavily to […]
Euro at three-day high, eyeing Catalonia stand-off
FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo October 19, 2017 By Saikat Chatterjee LONDON (Reuters) – The euro climbed to a three-day high on Thursday on hedging-related demand from bond investors before a European Central Bank policy […]
China to give foreigners greater access to banking sector: regulator chief
FILE PHOTO: Guo Shuqing, China’s newly appointed banking regulator, attends a news conference ahead of China’s parliament in Beijing, March 2, 2017. REUTERS/Shu Zhang/File Photo October 19, 2017 BEIJING (Reuters) – China’s top banking regulator said on Thursday that the country will further open up its banking sector to foreign […]
China says foreign firms welcome benefits from internal Communist Party cells
(Front row, L to R) Chairman of the Standing Committee of the National People’s Congress (NPC) Zhang Dejiang, former Chinese President Hu Jintao, Chinese President Xi Jinping, former President Jiang Zemin, and Chinese Premier Li Keqiang, are seen during the opening of the 19th National Congress of the Communist Party […]
Taiwan chipmaker TSMC’s third-quarter net profit falls 7.1 percent, beats estimates
FILE PHOTO: Flags of Taiwan and Taiwan Semiconductor Manufacturing Co (TSMC) are displayed next to its headquarters in Hsinchu, Taiwan October 5, 2017. REUTERS/Eason Lam/File Photo October 19, 2017 TAIPEI (Reuters) – Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said net profit fell 7.1 percent in the […]
China suggests Xi’s political ideology to be elevated in party constitution
October 19, 2017 BEIJING (Reuters) – Top Chinese officials have praised President Xi Jinping’s political ideology unveiled at a key Communist Party Congress, an indication that he could cement his power with his new slogan being incorporated into the party’s constitution. Xi opened the party’s twice-a-decade congress on Wednesday with […]
Japan transport ministry considering checks of cars, trains using Kobe Steel products: Kyodo
FILE PHOTO: The logo of Kobe Steel is seen on the group’s Tokyo headquarter building in Tokyo, Japan October 10, 2017. REUTERS/Issei Kato/File Photo October 19, 2017 TOKYO (Reuters) – Japan’s transport ministry is considering convening a meeting to probe the safety of automobiles, trains and planes using products from […]
Toyota says aluminum plates from Kobe Steel meet standards
FILE PHOTO: A man walks past the signboard of Kobe Steel at the group’s Tokyo headquarters in Tokyo, Japan October 10, 2017. REUTERS/Issei Kato/File Photo October 19, 2017 TOKYO (Reuters) – Toyota Motor Corp <7203.T> on Thursday said that it had confirmed that aluminum plates supplied by Kobe Steel Ltd […]
Australia jobs growth speeds ahead, nudges unemployment lower
Office workers cross a street in Sydney, Australia, September 4, 2017. REUTERS/Steven Saphore October 19, 2017 SYDNEY (Reuters) – Australia enjoyed another month of solid jobs growth in September, with the annual pace of gains sprinting ahead to a healthy 3.1 percent and nudging the unemployment rate lower. Data out […]