Euro zone Oct factory growth hurt by supply woes, price pressures -PMI

Euro zone manufacturing activity remained strong last month but was curtailed by supply chain bottlenecks and logistical problems which sent input costs soaring, a survey showed on Tuesday. Ongoing disruptions caused by the coronavirus pandemic, alongside a shortage of heavy goods vehicle drivers, has caused product shortages and left factories struggling to get the raw […]

Continue Reading

Japan’s SEC probes SMFG unit over employees’ potential market manipulation

Japan’s securities watchdog has launched an investigation into Sumitomo Mitsui Financial Group’s (8316.T) brokerage unit over employees’ potential involvement in fraudulent stock transactions, the Nikkei business daily said on Tuesday. The Securities and Exchange Surveillance Commission held its investigation at the Tokyo head office of SMBC Nikko Securities Inc, Nikkei said, citing sources familiar with […]

Continue Reading