Category Archives:
SoftBank reports $3.5 billion net loss in Q2
TOKYO (Reuters) - SoftBank Group Corp slipped into the red with a 397 billion yen ($3.5 billion) loss for the July-September quarter, hit by falling valuations in the tech portfolio of its Vision Fund...
Nov 08, 2021
Kenya’s Equity Group says 9-month pretax profit up, loan loss provisions fall
NAIROBI (Reuters) - Kenya's Equity Group Holdings said on Monday its nine-month pretax profit rose 85% to 36.6 billion shillings ($328.25 million), helped by rising interest income and falling provisi...
Nov 08, 2021
Ant Group starts to differentiate consumer loan business Jiebei from bank loans
BEIJING (Reuters) - China's Ant Group said on Monday that it is making efforts to "differentiate" part of its short-term consumer loan business Jiebei, as it pursues a Beijing-led restructuring aimed ...
Nov 07, 2021
Japan coincident indicator index falls for 3rd month in September
TOKYO (Reuters) - Japan's coincident indicator index extended its decline in September, the government said on Monday, cutting its view on economic conditions for the first time in more than two years...
Nov 07, 2021
ETF’s big splash in MSCI’s new China index puts pressure on FTSE China A50
SHANGHAI (Reuters) - Just months after MSCI introduced its China mega-cap index, the first exchange-traded funds (ETFs) tracking the new index began trading in China on Monday, armed with $4 billion, ...
Nov 07, 2021
Indonesia carbon capture storage deal could need $500 million, official says
JAKARTA (Reuters) - Deployment of carbon capture storage (CCS) in Indonesia by American energy giant Exxon Mobil Corp could cost about $500 million, a senior official at Indonesia's state oil firm Per...
Nov 07, 2021
Business leaders optimistic COP26 visions will become reality
By Ross Kerber and Simon Jessop BOSTON/GLASGOW (Reuters) - A week into the United Nations' high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the ta...
Nov 07, 2021
It’s ‘Yesterday Once More’ as Richard Carpenter recalls 1970s pop duo
By Jill Serjeant LOS ANGELES (Reuters) - More than 50 years after "We've Only Just Begun" and "Yesterday Once More," Richard Carpenter is looking back on the California soft pop duo with his sister Ka...
Nov 07, 2021
Shares in China’s hot pot chain Haidilao jump after plan to shut stores
BEIJING (Reuters) - Shares in Chinese hot pot chain Haidilao International surged on Monday after the company announced it would suspend or shut down 300 stores by the end of the year, slamming the br...
Nov 07, 2021
Some Evergrande unit’s offshore bondholders have not got interest due Nov. 6, say sources
HONG KONG/SHANGHAI (Reuters) - Some holders of U.S. dollar bonds issued by China Evergrande Group's unit Scenery Journey Ltd have not received interest payments due on Saturday by Monday morning in As...
Nov 07, 2021
Peoria, IL, USA
89 °F Sunny
