Category Archives:
Analysis-Looming U.S. default risk prompts investors to cut some debt exposure
By Davide Barbuscia and Saeed Azhar NEW YORK (Reuters) - Bond investors are starting to trim holdings of U.S. debt to brace for a possible government default that they see as highly unlikely but poten...
Feb 20, 2023
Decarbonisation centre finishes two trials for biofuel bunkering
By Jeslyn Lerh SINGAPORE (Reuters) - The Global Centre for Maritime Decarbonisation (GCMD) has completed trials on two supply chains of biofuel blends for vessel bunkering, the centre said on Tuesday....
Feb 20, 2023
Bank of Korea: benefits from China’s recovery to be less than in past
SEOUL (Reuters) - South Korea's central bank said the economy would benefit from the end of China's zero-COVID policy, thanks to strengthened exports and tourism, but added that positive effects from ...
Feb 20, 2023
Boxing-USA Boxing condemns IBA’s ‘misleading’ 2024 Olympic qualifiers
(Reuters) - The Russian-led International Boxing Association's (IBA's) announcement that its world championships are qualifiers for the 2024 Olympics is "false and misleading" and an attempt to sabota...
Feb 20, 2023
Thailand car production rises in January but local sales drop
BANGKOK (Reuters) - Car production in Thailand rose 4.02% in January from a year earlier to 157,844 units, helped by higher exports, the Federation of Thai Industries said on Tuesday. Domestic sales, ...
Feb 20, 2023
HSBC Q4 profit nearly doubles as rising interest rates boost revenue
SINGAPORE/LONDON (Reuters) -HSBC Holdings reported a better-than-expected 92% surge in quarterly profit on Tuesday as rising interest rates swelled its net interest income, encouraging Europe's larges...
Feb 20, 2023
NBA, Ant Group launch strategic partnership in China
SHANGHAI (Reuters) -Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content,...
Feb 20, 2023
S.Korea’s household credit falls for first time in a decade
SEOUL (Reuters) - South Korea's household credit shrank in the fourth quarter of 2022, its first quarterly decline in nearly a decade, central bank data showed on Tuesday. The country's total househol...
Feb 20, 2023
EV maker Nio to build 1,000 battery-swap stations in China in 2023
SHANGHAI (Reuters) -Chinese electric vehicle (EV) startup Nio Inc plans to build 1,000 battery-swapping stations in China in 2023 to bring the total number of such facilities to 2,300 by year-end, its...
Feb 20, 2023
Asian shares stutter, dollar rally pauses as Fed cues eyed
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks edged lower on Tuesday as the prospect of the U.S. central bank having to stay on its hawkish path weighed on sentiment, with investors looking to ...
Feb 20, 2023
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