Category Archives:
CICC investment banking head to take helm at broker Galaxy – sources
By Selena Li and Julie Zhu HONG KONG (Reuters) -Wang Sheng, investment banking head of China International Capital Corp Ltd (CICC), is set to leave the bank to take over as chief executive of smaller ...
Jul 12, 2022
Polish central bank forecasts inflation peaking at 18.8% in Q1 2023
WARSAW (Reuters) - Poland will see inflation peak at 18.8% and economic growth fall to as low as 0.5% in the first quarter of 2023, according to forecasts published by the central bank on Tuesday. Acc...
Jul 12, 2022
Singapore’s crypto aspirations shaken by Three Arrows collapse
By Alun John and Chen Lin HONG KONG/SINGAPORE (Reuters) - Singapore's ambitious cryptocurrency sector, by some measures Asia-Pacific's largest, faces an uncertain future after the recent collapse of c...
Jul 12, 2022
Thailand needs 500,000 more migrant workers for recovery – Chamber of Commerce
BANGKOK (Reuters) - Thailand is short more than half a million migrant workers, the country's Chamber of Commerce said on Tuesday, as Southeast Asia's second-largest economy struggles with a slow post...
Jul 12, 2022
Temasek reports record portfolio value, sees slowdown in investments
SINGAPORE (Reuters) - Singapore's Temasek Holdings posted a nearly 6% increase in its portfolio value to a record S$403 billion ($286.5 billion) in the year to March 2022, powered by gains in its unli...
Jul 12, 2022
Marketmind: Goodbye Goldilocks
A look at the day ahead in markets from Saikat Chatterjee. "The Goldilocks option is now off the table," Blackrock, the world's biggest asset manager, screamed in its midyear outlook, referring to the...
Jul 12, 2022
U.S., Japan agree to address Ukraine war-driven FX volatility, economic challenges
TOKYO (Reuters) - U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to further strengthen bilateral ties and work together to address rising food and...
Jul 12, 2022
Renault: expects higher production of semi-conductors in second half of this year
PARIS (Reuters) - French carmaker Renault is seeing some improvement regarding the availability of semi-conductors and expects the level of production of semi-conductors to be significantly higher in ...
Jul 12, 2022
It’s time for Trump to ‘sail into the sunset,’ says Musk
(Reuters) - Elon Musk said on Monday it was time for Donald Trump to "hang up his hat and sail into the sunset," days after the former U.S. President mocked the billionaire at a political rally and ca...
Jul 12, 2022
Plus500 sees annual revenue, profit above market estimates
(Reuters) - Plus500 on Tuesday forecast its annual revenue and profit ahead of market expectations, as online trading platforms benefited from a surge in market volatility on the back of the Russia-Uk...
Jul 12, 2022
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