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Alibaba’s Hong Kong shares surge 16% on split-up plans
(Reuters) -Hong Kong shares of Alibaba Group soared on Wednesday, marking a vote of confidence from investors after the company announced a major restructuring plan. The stock jumped as much as 16.3% ...
Syndicated Content Mar 28, 2023
Dollar on the defensive as banking fears ebb; yen drops
By Kevin Buckland TOKYO (Reuters) - The safe-haven U.S. dollar remained on the back foot on Wednesday following two days of losses as global financial markets regained a measure of stability on hopes ...
Syndicated Content Mar 28, 2023
South Korea vows support for domestic consumption, cautious on inflation
By Choonsik Yoo SEOUL (Reuters) - South Korea unveiled on Wednesday a package of measures aimed at boosting domestic consumption, but stopped short of offering big-ticket plans for fear of stoking inf...
Syndicated Content Mar 28, 2023
Oil gains for 3rd day on Kurdish supply concerns, easing banking fears
By Yuka Obayashi TOKYO (Reuters) - Crude prices rose for a third day in early Asian trade on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supply and market se...
Syndicated Content Mar 28, 2023
Vietnam artist in race to ensure ‘heroic mothers’ not forgotten
By Minh Nguyen CAO LANH CITY, Vietnam (Reuters) - On her trusty motorcycle, Vietnamese artist Dang Ai Viet travels around the Southeast Asian country in a quest to ensure that the thousands of women w...
Syndicated Content Mar 28, 2023
US Supreme Court justices get stiffer rules for reporting free trips, gifts
By Nate Raymond (Reuters) - U.S. Supreme Court justices and federal judges will be required to provide greater public disclosure of any free trips, meals or gifts they receive under new regulations ad...
Syndicated Content Mar 28, 2023
Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain
BOGOTA (Reuters) - Spanish ride-hailing app Cabify has raised $110 million in financing aimed at accelerating its growth in Latin America and Spain, the company said on Tuesday. Cabify closed the fund...
Syndicated Content Mar 28, 2023
Australia’s inflation slows to 8-month low in Feb, adding to rate pause case
By Stella Qiu SYDNEY (Reuters) -Australian inflation slowed to an eight-month low in February, thanks in part to a sharp retreat in holiday travel and accommodation, adding to the case for a pause in ...
Syndicated Content Mar 28, 2023
TikTok, Snapchat growing in popularity among UK children, regulator data shows
By Martin Coulter LONDON (Reuters) - The number of children using TikTok and Snapchat rose last year in Britain, according to research published by media regulator Ofcom. Around half of those aged bet...
Syndicated Content Mar 28, 2023
US consumer finance chief calls for better risk management at banks, fintechs
By Nupur Anand and Tatiana Bautzer (Reuters) - The recent failures of mid-size U.S. lenders show the need for more robust risk management at banks and fintechs, along with improved regulation, the hea...
Syndicated Content Mar 28, 2023
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