Business
Newfoundland renewable energy company receives provincial funds to aid in expansion
A Newfoundland-based renewable energy company is gearing up to expand into new markets with help from provincial funding. Growler Energy Inc. will use $100,000 from the province and an additional $187,500 in personal funds to identify new market ...
'There's a growing community there': Owner of The Indian Express in St. John's preparing to open second location
Jerry Joy, owner of The Indian Express in St. John's, said that in the past six years, the establishment has experienced a lot of growth. "I got my entry into the food industry in 2018, I started with a food truck and I haven't stopped," said ...
Mazda and Panasonic's energy unit sign auto battery supply agreement
TOKYO (Reuters) - Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings said on Friday they have signed an automotive battery supply agreement. The deal comes out of talks about a battery supply partnership for electric ...
Japan flags 'speculative' yen moves, signals chance of intervention
TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday there were "speculative" moves behind recent yen declines, suggesting authorities remained on stand-by to intervene in the market to address any excessive falls in the ...
HSBC completes sale of Canadian unit to RBC
(Reuters) - HSBC Holdings said it completed the C$13.5 billion ($9.96 billion) sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RBC) on Thursday. The transaction will result in the recognition of an estimated gain of $4.9 ...
Take Five: A shiny new quarter
LONDON (Reuters) - A tumultuous first quarter is coming to an end and the "buy everything" party is in full swing across markets, but the coming week has a few reality checks that even the most avid bulls may not be able to overlook. The strong ...
Japan's Nikkei posts biggest point gain on record for fiscal year
TOKYO (Reuters) - Japan's Nikkei share average logged the biggest rise ever on an absolute basis for the fiscal year ended on Friday, rallying 12,328 points. The index hit successive record highs this quarter, after breaking levels on Feb. 22 ...
Japan brought forward emergency yen meeting to maximise market impact, source says
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese monetary authorities made a last-minute decision to bring forward to Wednesday an emergency meeting on the weak yen that was originally scheduled for Thursday, to maximise the impact of arresting sharp ...
China will further enhance capital account opening, FX official says
BOAO, China, (Reuters) - China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing seeks to woo foreign investors amid heightened ...
Vietnam economy expands by 5.66% in Q1 as exports boom
HANOI (Reuters) -Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday showed, despite higher shipping costs due to turmoil in the Red Sea. Growth in the ...