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Lenovo Q1 revenue misses, hit by poor PC demand
HONG KONG (Reuters) - China's Lenovo Group on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers. It...
Syndicated Content Aug 16, 2023
Central banks of Indonesia and Singapore start trial on cross-border QR code payments
JAKARTA (Reuters) - Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart. Both have set a target of introducing the system...
Syndicated Content Aug 16, 2023
Asian stocks hit 9-month lows on worries over China economy, US rates
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the ...
Syndicated Content Aug 16, 2023
Exclusive-China’s major state banks sell dollars for yuan in London, NY hours – sources
SHANGHAI (Reuters) - China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge ...
Syndicated Content Aug 16, 2023
Australia July jobs take a surprise fall as market loosens
By Wayne Cole SYDNEY (Reuters) -Australia employment unexpectedly fell in July to end two months of very strong growth, while the jobless rate ticked higher in a sign the drum-tight labour market migh...
Syndicated Content Aug 16, 2023
Dollar shines on US economic resilience; Aussie tumbles after employment data
By Rae Wee SINGAPORE (Reuters) - The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a...
Syndicated Content Aug 16, 2023
Japan mothers’ group fears Fukushima water release could revive health concerns
By Kiyoshi Takenaka, Akiko Okamoto and Tom Bateman IWAKI, Japan (Reuters) - Waves crashing on a Japanese beach lashed a man and a woman wearing waders and hats as they demonstrated the use of a blue b...
Syndicated Content Aug 16, 2023
Oil prices down on weaker growth in China, US rate hike jitters
By Katya Golubkova TOKYO (Reuters) - Oil prices fell in early trade on Thursday, extending losses to a fourth consecutive session on fears of slowing growth in China and possible further U.S. interest...
Syndicated Content Aug 16, 2023
Japan exports fall for first time since 2021, stoking concerns about outlook
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's exports fell in July for the first time in nearly 2-1/2 years, dragged down by faltering demand for light oil and chip-making equipment, underlining conc...
Syndicated Content Aug 16, 2023
Paramount drops plans to sell BET Media stake – WSJ
(Reuters) - Paramount Global dropped plans to sell a majority stake in BET Media Group, which includes the VH1 and BET cable networks and BET+ streaming service, the Wall Street Journal reported on We...
Syndicated Content Aug 16, 2023
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