Category Archives:
South Korea to set up $759 million corporate restructuring fund
SEOUL (Reuters) - South Korea's financial regulator said on Tuesday the government would set up a 1 trillion won ($758.97 million) public fund to support companies that are undergoing a restructuring ...
Apr 11, 2023
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) - Investors poured $367 billion into U.S. money market funds in March, according to data provider EPFR, as the collapse of Silicon Valley Bank caused stocks to tumb...
Apr 11, 2023
Amid risk of stalling in EV race, Spain’s rebooted aid scheme gets warm reception
By Joan Faus MADRID (Reuters) - Volkswagen and Renault plan to request funds from a revamped Spanish government scheme aimed at encouraging electric vehicle (EV) production in the country, while Stell...
Apr 11, 2023
Kazakhstan takes oil majors to arbitration over costs
ASTANA (Reuters) - Kazakhstan has started arbitration proceedings against companies developing its giant Kashagan and Karachaganak oilfields over $13 billion and $3.5 billion, respectively, in deducte...
Apr 11, 2023
China releases draft measures for managing generative artificial intelligence services
BEIJING (Reuters) - China's cyberspace regulator on Tuesday unveiled draft measures for managing generative artificial intelligence services as more Chinese companies like Alibaba release AI-powered p...
Apr 11, 2023
Cryptoverse: Ethereum upgrade to unlock $33 billion
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Investors are finally set to gain access to more than $33 billion of ether this week under a planned revamp of the blockchain. A new software upgr...
Apr 11, 2023
Marketmind: Asia stocks bounce as dovish central banks lift the mood
A look at the day ahead in European and global markets from Kevin Buckland. Asian stocks put in a strong showing on their return to full trading globally after the Easter break, with Australian invest...
Apr 10, 2023
Bitcoin pushes past $30,000 as investors eye end of rate rises
SINGAPORE (Reuters) - Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal ...
Apr 10, 2023
Mexico to probe GM corn impact on tortillas amid US trade dispute
MEXICO CITY (Reuters) - Mexican authorities announced Monday a working group will investigate the impact of genetically modified (GM) corn imports on the country's tortillas, a national staple typical...
Apr 10, 2023
Asia stocks rise on hopes regional central banks hold steady on rates
By Selena Li HONG KONG (Reuters) - Asia stocks posted gains on Tuesday, boosted by investor optimism that the region's central banks will continue to pause or end interest rate hike cycles, whatever a...
Apr 10, 2023
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