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S.Korea’s Kakao makes $962 million tender offer for K-pop agency SM
By Hyunsu Yim SEOUL (Reuters) -South Korean tech group Kakao launched a 1.25 trillion won ($962 million) offer for K-pop agency SM Entertainment on Tuesday, escalating a takeover battle with BTS manag...
Syndicated Content Mar 07, 2023
Citigroup expects ECB to take deposit rate to 4% by July this year
(Reuters) - Citigroup expects the European Central Bank to hike rates by 50 basis points each in March and May to push its policy rates to about 4% by July. Economists led by Arnaud Mars said this cou...
Syndicated Content Mar 07, 2023
China Jan-Feb exports, imports slump again as global demand falters
By Joe Cash and Ellen Zhang BEIJING (Reuters) -A fall in China's exports for the January-February period pointed to continued weakness in demand for the country's products, backing government concerns...
Syndicated Content Mar 07, 2023
Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens
By Hannah Lang and Lisa Pauline Mattackal (Reuters) - For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from th...
Syndicated Content Mar 07, 2023
Fed’s Powell, in Hill appearance, to update views on status of ‘disinflation’
By Howard Schneider WASHINGTON (Reuters) - At his last press conference U.S. Federal Reserve Chair Jerome Powell said confidently a "disinflationary process" had begun, showing a "gratifying" corner h...
Syndicated Content Mar 07, 2023
Marketmind: Don’t fight central banks
A look at the day ahead in European and global markets from Anshuman Daga Judging by the improved mood in global equity markets, investors are once again having a go at central banks. Despite a slew o...
Syndicated Content Mar 06, 2023
HSBC China says it’s unaware of remittance curbs after Mobius’ claims
SHANGHAI (Reuters) -HSBC's China unit said on Tuesday it has not been told by regulators to restrict outbound remittances and was unaware of recent capital outflow curbs, after billionaire Mark Mobius...
Syndicated Content Mar 06, 2023
Sri Lanka says ‘positive news’ coming from IMF on $2.9 billion package
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is on the verge of getting "very positive news" from the International Monetary Fund on a $2.9 billion programme, a government minister said on Tuesda...
Syndicated Content Mar 06, 2023
U.S. FAA, NTSB probe new airline runway incident
By David Shepardson WASHINGTON (Reuters) - U.S. aviation authorities said late on Monday they were investigating a fresh incident involving two airplanes cleared to use the same runway that forced one...
Syndicated Content Mar 06, 2023
GQG founder Jain to meet Australian investors after $1.9 billion Adani investment
By Praveen Menon and Scott Murdoch SYDNEY (Reuters) -GQG Partners Inc founder Rajiv Jain will meet clients and investors in Australia this week, the company said in a statement on Tuesday, and will ex...
Syndicated Content Mar 06, 2023
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