Analysis - Yen's past points to more pain ahead

The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn't cheap, and investors are betting that it's going to fall even further.

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20-04-2022

Investors cheer Danone's strong start to 2022, M&A talk

Shares in Danone rose over 8% on Wednesday, lifted by a media report of merger interest from French dairy rival Lactalis and stronger than expected first-quarter sales, which reassured investors its revival plan was on track.

newspaper

20-04-2022

Health insurer Anthem's quarterly profit rises 8.4%

Health insurer Anthem Inc posted an 8.4% rise in quarterly profit on Wednesday, helped in part by strength in the business that houses its pharmacy benefits management unit.

newspaper

20-04-2022

China to accelerate VAT credit rebates for small firms - finance ministry

China's finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms.

newspaper

20-04-2022

Multiple inflation pressures complicate Bank of Canada's soft landing goal

As the Bank of Canada opens the door to hiking interest rates above a neutral setting for the first time in 14 years, the goal of taming inflation without triggering a recession is challenged by the multiple drivers of price pressures and record-high household debt.

newspaper

20-04-2022

Vopak quarterly earnings show balanced portfolio, boost shares

(Reuters) -Dutch oil and chemical storage company Vopak beat first-quarter earnings expectations on Wednesday helped by growth projects and a good performance in the Americas which offset challenges in Europe.

newspaper

20-04-2022

KKR-led group offers record $14.8 billion bid for Australia's Ramsay Health

(Reuters) -A group led by KKR & Co made an unsolicited near-$15 billion bid for Ramsay Health Care Ltd on Wednesday, underlining buyout funds' appetite for healthcare assets and pushing the Australian company's shares by up as much as 30%.

newspaper

20-04-2022

Just Eat Takeaway weighs Grubhub sale as pandemic boost fades

AMSTERDAM (Reuters) -Europe's biggest meal delivery company Just Eat Takeaway.com is looking at selling U.S. arm Grubhub less than a year after buying it, under pressure from investors to revive its shares amid stiff competition and a fading pandemic boost.

newspaper

20-04-2022

Credit Suisse warns of Q1 loss, shares fall

Credit Suisse Group expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of Russia's invasion of Ukraine, the Swiss bank said on Wednesday.

newspaper

20-04-2022