TOKYO (Reuters) - Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder.
BEIJING (Reuters) - China’s fiscal revenue fell 3.9% in 2020 from a year earlier, while expenditure rose 2.8%, the finance ministry said on Thursday, underscoring the difficulties in government finances amid the COVID-19 pandemic.
SYDNEY/NEW YORK (Reuters) - Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains.
SINGAPORE (Reuters) - Global oil demand is expected to rise by nearly 7% this year, boosted by quicker vaccine distribution and a better economic outlook, consultancy Wood Mackenzie said on Thursday.
SINGAPORE/MELBOURNE (Reuters) - Oil fell on Thursday on fresh fuel demand worries because of travel curbs to prevent new coronavirus outbreaks and delays with vaccines and a stronger U.S. dollar weighed on prices.
TOKYO (Reuters) - The dollar extended gains against most currencies on Thursday as a stock market rout triggered by concerns about excessive valuations boosted safe-harbour demand for the U.S. currency.
