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Elon Musk met with Chinese Vice Premier Ding in Beijing -source
By Julie Zhu HONG KONG (Reuters) - Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on Wednesday afternoon in Beijing, a source familiar with the matter said. The source declined to...
Syndicated Content Jun 01, 2023
Nvidia CEO feels safe relying heavily on Taiwan manufacturing
TAIPEI (Reuters) - Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence, feels "perfectly safe" about relying heavily on Taiwan for manufacturing, its chief executi...
Syndicated Content Jun 01, 2023
Column-Beware conflating ‘de-dollarisation’ with weaker dollar: Mike Dolan
By Mike Dolan LONDON (Reuters) - Even if the U.S. dollar's singular dominance as global currency of choice is in fact ebbing, it may not automatically lead to a weaker dollar exchange rate - and could...
Syndicated Content Jun 01, 2023
Crypto exchange Gemini to soon operate in the UAE
(Reuters) - Gemini will "soon" start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local re...
Syndicated Content Jun 01, 2023
China new home prices, sales fall on soft demand in May
BEIJING (Reuters) - China's new home prices fell for the first time in four months in May and home sales slumped, according to a private survey, adding to pressure on a property market which is strugg...
Syndicated Content Jun 01, 2023
Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Foreign investors' selling of Chinese shares gained some momentum in May, as flagging domestic demand and expectations for weak corporate earni...
Syndicated Content Jun 01, 2023
Russia’s factory activity expands for 13th month running in May
(Reuters) - Activity in Russia's manufacturing sector increased for the 13th month running in May and employment rose at its sharpest pace in more than two decades, though export orders contracted, a ...
Syndicated Content Jun 01, 2023
Analysis-Remaining Western firms face tricky Russian exits
By Alexander Marrow (Reuters) - After months of negotiations, Finland's Nokian Tyres was on the cusp late last year of finalising a 400-million-euro ($440.32 million) sale of its Russian business. The...
Syndicated Content Jun 01, 2023
Macau’s May casino revenue soars 366% year on year on visitor influx
HONG KONG (Reuters) -Casino revenues in Macau, the world's biggest gambling hub, surged 366% from a year ago to total 15.6 billion patacas ($1.93 billion) in May, the highest since January 2020, when ...
Syndicated Content Jun 01, 2023
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) - Fujitsu Ltd's controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on...
Syndicated Content Jun 01, 2023
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