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Chinese state firms’ help to troubled shadow bank does little to address investor concerns
BEIJING (Reuters) - The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co's operations and management may diffuse risk at the troubled shadow bank but does lit...
Syndicated Content Sep 18, 2023
German home building permits plunge as industry calls for stimulus
FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump in demand plaguing the construct...
Syndicated Content Sep 18, 2023
Refrigerated trucks may give Singapore startup edge into China EV market
By Kevin Krolicki and Chen Aizhu SINGAPORE (Reuters) - Fully electric refrigerated trucks for delivering food and pharmaceuticals are expected to give a Singapore-based startup the edge to crack into ...
Syndicated Content Sep 18, 2023
Thai cabinet approves higher budget of $97.6 billion for fiscal year 2024
BANGKOK (Reuters) - Thailand's new cabinet approved on Monday a budget plan for higher spending of 3.48 trillion baht ($97.64 billion) and a larger budget deficit of 693 billion baht for the fiscal ye...
Syndicated Content Sep 18, 2023
Indonesia plans first carbon trade next week
JAKARTA (Reuters) - Indonesia plans to run its maiden carbon trade next week, aiming to offer companies and financial institutions a mechanism to offset their emissions, while providing funding for ca...
Syndicated Content Sep 18, 2023
Dinosaur known as ‘Barry’ goes on sale in rare Paris auction
PARIS (Reuters) - An unusually well-preserved dinosaur skeleton, a Camptosaurus known as Barry that dates from the late Jurassic period some 150 million years ago, will go under the hammer in Paris ne...
Syndicated Content Sep 18, 2023
European shares slip with central banks in focus; Nordic Semiconductor slumps
(Reuters) - European shares opened slightly weaker on Monday after sharp gains last week, as investors braced for a week packed with central bank meetings including rate decisions from Norway, Sweden,...
Syndicated Content Sep 18, 2023
Saab wins expanded U.S. contract for anti-armour system
COPENHAGEN (Reuters) - Swedish defence equipment maker Saab said on Monday the U.S. Department of Defense has expanded a framework deal for AT4 anti-armour systems and Carl-Gustaf ammunition, and plac...
Syndicated Content Sep 18, 2023
Factbox-Key targets in SocGen’s new strategy plan
LONDON (Reuters) - Societe Generale's new CEO Slawomir Krupa pledged on Monday to cut costs to boost profits by 2026 amid stagnating sales, in his first strategic plan for France's third-biggest liste...
Syndicated Content Sep 18, 2023
China’s yuan will stabilise as domestic prices bottom out – central bank publication
BEIJING (Reuters) -China's yuan will stabilise after improvements in recent economic data and the bottoming out of domestic prices, state-owned media said on Monday. China's falling interest rates hav...
Syndicated Content Sep 18, 2023
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