Saturday , 17 January 2026

Recent Posts

Honda beats June estimates as market concludes drab first half

Bloomberg Honda Motor Co.’s US auto sales rose more than analysts estimated in June, giving a positive start to mid-year reports following a five-month streak of industry declines. The Japanese automaker sold 139,793 vehicles in the US last month, a 0.8 percent increase from the same month last year. Analysts had been expecting a 0.5 percent increase. Sales of the …

Read More »

China Inc.’s $7.8bn of dividend payouts to stress Yuan

Bloomberg The yuan’s rebound may be undermined by a seasonal hunt for dollars as Chinese companies prepare to pay dividends to shareholders overseas. Demand for the greenback and other currencies will peak at $7.8 billion in July, a substantial sum considering that local lenders settled an average of $11.8 billion in foreign-exchange for clients in the first five months of …

Read More »

Sumitomo Mitsui chooses Frankfurt for EU base

Bloomberg Sumitomo Mitsui Financial Group Inc. has decided to set up banking and securities units in Frankfurt to maintain business in the European Union following the UK’s eventual departure from the bloc. Japan’s second-biggest lender by market value is establishing the units to offer services “with no disruption” once Britain leaves the union, it said in a statement on Monday. …

Read More »