SINGAPORE Asian equities hit a near two-year high on Tuesday, buoyed by a jump in risk appetite following the centrist victory in the first round of the French presidential election that also lifted the euro and pressured safe-haven assets.
Recent Business News
NEW YORK U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.
BEKASI, Indonesia A full merger of Japanese car makers Mitsubishi Motors Corp (MMC) and Nissan Motor Co Ltd is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday.
T-Mobile US Inc is open to merger talks after a federal ban expires this week, the No. 3 U.S. wireless carrier said on Monday, as it reported stronger-than-expected subscriber growth in the first quarter.
PARIS Luxury goods group LVMH and billionaire businessman Bernard Arnault announced on Tuesday a deal to simplify their relationship with Christian Dior by buying out its minority shareholders, a transaction aimed at boosting LVMH's earnings.
ZURICH Credit Suisse Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totaling 5.65 billion Swiss francs ($5.7 billion) since 2015.