Category Archives:
China courts freeze $157 million of Evergrande assets over missed construction payments
HONG KONG (Reuters) - A Chinese court has ordered the freezing of 640.4 million yuan ($101 million) in assets held by a subsidiary of China Evergrande Group, according to a filing by contractor Shangh...
Feb 15, 2022
BTS to hit the stage in South Korea for first time since COVID began
By Hyonhee Shin SEOUL (Reuters) - South Korean boy band BTS are to put on their first shows for their home fans since the coronavirus pandemic began, with three concerts in the capital, Seoul, next mo...
Feb 15, 2022
Emerging markets “much better” able to weather monetary tightening-Indonesia central bank
JAKARTA (Reuters) - Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, "much better" this year compared with previous periods of tightening, Indonesia's ce...
Feb 15, 2022
China approves plans to build 4 national integrated computing hubs
BEIJING (Reuters) - China has approved plans to build four national integrated computing hubs aimed at increasing the country's computing capacity, the top state planner said on Wednesday. The hubs wi...
Feb 15, 2022
Oil prices hold steady as Russia-Ukraine tensions cool
By Chen Aizhu SINGAPORE (Reuters) - Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a tau...
Feb 15, 2022
China to work with Asian peers to boost use of local currencies in trade
BEIJING (Reuters) - China will work with Indonesia and other Asian countries to promote the use of local currencies in trade and investment, the People's Bank of China Governor Yi Gang said on Wednesd...
Feb 15, 2022
Indonesia central bank targets 10% rise in local currency settlements in 2022
JAKARTA (Reuters) - Indonesia's central bank is targeting a 10% increase in the value of trade and investment transactions settled using local currencies this year under agreements with other Asian ce...
Feb 15, 2022
BOJ may suffer losses in event it exits easy policy, says governor Kuroda
TOKYO (Reuters) - The Bank of Japan could temporarily suffer losses on its huge asset holdings if it were to end its ultra-loose monetary policy, governor Haruhiko Kuroda said on Wednesday. The BOJ ho...
Feb 15, 2022
Singapore’s Funding Societies raises $144 million in SoftBank-led round
SINGAPORE (Reuters) - Funding Societies, a Southeast Asian digital financing platform, has raised $144 million in a funding round, led by SoftBank Group Corp's SoftBank Vision Fund 2, as it expands fu...
Feb 15, 2022
Japan must respond to damage from rising prices, says Finance Minister Suzuki
TOKYO (Reuters) - Japan's government must respond to any damage recent rising prices inflict on consumption and the economy, Finance Minister Shunichi Suzuki said on Wednesday. "While the recent rises...
Feb 15, 2022
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