Boeing Co on Wednesday won approval from U.S. regulators for a fix of an electrical grounding issue that had halted flights for about 100 737 MAX airplanes, clearing the way for their quick return to service after flights were halted in early April, sources told Reuters.
South Korea's top government think-tank on Thursday called on the central bank to maintain loose monetary policy for the time being and raised its economic growth forecasts for the current year.
India's devastating COVID-19 crisis is making investors question more than ever whether after years of debt accumulation and patchy progress on reforms, a country touted as a future economic superpower still deserves its 'investment grade' status.
SoftBank Group Corp shares slid 6per cent in early trading on Thursday after the conglomerate declined to extend its buyback programme, removing support for the stock as concern over frothy portfolio valuations outweighed record earnings.
WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at US$3.3 billion.
Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the world's third-biggest importer of crude, tempered a rally driven by IEA and OPEC predictions that demand is coming back strong.
Bank of Japan Governor Haruhiko Kuroda on Thursday warned of lingering uncertainty over the country's economic outlook, as the services sector remains under state-of-emergency curbs to combat the COVID-19 pandemic.
WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at US$3.3 billion.
The U.S. dollar was higher on Wednesday, though well within recent ranges, after inflation data showed a surge in consumer prices in April.
Japan's bank lending slowed sharply in April as corporate fund demand stabilised from last year's pandemic-driven spike, data showed on Thursday, a sign the wall of money pumped by the central bank is working its way through the economy.






















