Category Archives:
Singtel flags $216 million exposure in Australia tax case defeat
SINGAPORE (Reuters) - Singapore Telecommunications Ltd has estimated it faces A$304 million ($216 million) in tax exposure, interest and penalties, after an Australian court dismissed its appeal again...
Dec 19, 2021
Toyota to halt production at 5 factories in January due to supply chain issues
TOKYO (Reuters) - Toyota Motor Corp said on Monday it would suspend production at five domestic factories in January due to supply chain issues, chip shortages and the COVID-19 pandemic. Japan's top a...
Dec 19, 2021
Bank of Montreal in advanced talks to buy BNP Paribas’s U.S. unit – WSJ
(Reuters) - Canada's Bank of Montreal is in advanced talks to buy the U.S. arm of French bank BNP Paribas SA, the Wall Street Journal reported late on Sunday, citing people familiar with the matter. T...
Dec 19, 2021
China urges real estate project acquisitions to aid struggling developers -state media
SHANGHAI (Reuters) - China is urging large private and state-owned property companies to acquire real estate projects from troubled developers to reduce risks that mounting debt piles will destabilise...
Dec 19, 2021
China debt woes to weigh on Asia high-yield issues in first half of 2022, bankers say
By Scott Murdoch HONG KONG (Reuters) - China's property sector debt turmoil is set to keep a lid on Asian high-yield corporate bond deals in the first half of next year after a string of defaults by r...
Dec 19, 2021
Tesla’s Musk says he will pay over $11 billion in taxes this year
(Reuters) - Electric-car maker Tesla Inc's Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year. Earlier this week, Democratic U.S. Sen...
Dec 19, 2021
Oracle plans to buy Cerner for ‘mid 90’s’ per share – CNBC reporter
(Reuters) - Enterprise software maker Oracle Corp expects to buy electronic medical records company Cerner Corp in an all-cash deal for "mid 90's" per share, a CNBC reporter tweeted on Sunday, citing ...
Dec 19, 2021
China cuts lending benchmark LPR for first time since April 2020
SHANGHAI (Reuters) - China cut its lending benchmark loan prime rate (LPR) for the first time in 20 months at its December fixing on Monday, largely in line with market expectations. The one-year LPR ...
Dec 19, 2021
BOJ Kuroda: too early now to consider normalising monetary policy
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday it was too early now to consider normalising monetary policy. Speaking in parliament, Kuroda stressed it was important for the g...
Dec 19, 2021
China’s Kaisa says bondholders have not asked for accelerated repayments yet
(Reuters) - Kaisa Group said on Monday it has not received any notice from bondholders to accelerate repayments yet as the embattled Chinese property developer has not repaid a $400 million offshore b...
Dec 19, 2021
Peoria, IL, USA
61 °F Partly cloudy
