Category Archives:
China to cut interest rates on standing lending facility loans on Jan 21 – sources
SHANGHAI (Reuters) - China's central bank will cut interest rates on its standing lending facility loans for all tenors on Friday, three sources with direct knowledge of the matter said, following sim...
Jan 20, 2022
Pegasus Asia, Tikehau Capital-backed SPAC, lists in Singapore
By Anshuman Daga SINGAPORE (Reuters) - A special purpose acquisition company (SPAC), backed by European asset manager Tikehau Capital and a holding firm of LVMH Chairman Bernard Arnault, began trading...
Jan 20, 2022
China state planner says to gradually remove curbs on NEV purchases
BEIJING (Reuters) - China's state planner said on Friday that restrictions on purchases of new energy vehicles (NEVs) will be gradually removed in various parts of the country in a "vigorous" push to ...
Jan 20, 2022
Asian markets fall after weak showing on Wall St, oil tumbles
By Kanupriya Kapoor and Stella Qiu SINGAPORE (Reuters) - Asian share markets and U.S. futures fell on Friday, after U.S. stocks took a knock overnight, hurt by lingering concerns over the Federal Rese...
Jan 20, 2022
S.Korea’s Kakao Pay shares rebound after CEO, others step down amid stock options criticism
SEOUL (Reuters) - Shares in South Korean financial services firm Kakao Pay Corp jumped on Friday after the company said its CEO and two other executives were stepping down following a slump in the sto...
Jan 20, 2022
Lebanese museum returns artefacts from Syria’s ancient city of Palmyra
BEIRUT (Reuters) - Five Roman artefacts from the ancient city of Palmyra, a site damaged during Syria's decade-long conflict, were returned to Damascus on Thursday by a private Lebanese museum where t...
Jan 20, 2022
Safe-haven yen gains against Aussie as risk sentiment sours
By Kevin Buckland TOKYO (Reuters) - The safe-haven yen gained versus the riskier Australian dollar on Friday as risk sentiment soured amid rekindled fears of heated inflation and aggressive Federal Re...
Jan 20, 2022
S.Korea unveils $12 billion extra budget to cushion impact of extended COVID curbs
By Joori Roh SEOUL (Reuters) - South Korea unveiled a 14 trillion won ($11.75 billion) supplementary budget on Friday to support the self-employed and small businesses that have taken a heavy hit from...
Jan 20, 2022
Deutsche Bank hires BofA’s fine-art lending expert John Arena
(Reuters) - Deutsche Bank AG has hired John Arena from Bank of America to help structure art loans for ultra-rich individuals in the Americas, according to an internal memo on Thursday seen by Reuters...
Jan 20, 2022
Biden to urge mayors to spend more COVID aid to build workforces -official
By David Lawder WASHINGTON (Reuters) - President Joe Biden will urge U.S. mayors on Friday to use more of their state and local COVID-19 aid funds to expand their workforces, a White House official sa...
Jan 20, 2022
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