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Apple supplier Foxconn to invest $500 million in India’s Telangana state
BENGALURU (Reuters) - Apple supplier Foxconn will invest $500 million in the southern Indian state of Telangana, the state's IT minister said on Monday. (Reporting by Chris Thomas in Bengaluru; Editin...
Syndicated Content May 15, 2023
Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) - Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of...
Syndicated Content May 15, 2023
Exclusive-Nationalised German energy firms pay traders big bonuses after losing billions
By Dmitry Zhdannikov, Marwa Rashad and Christoph Steitz LONDON/FRANKFURT (Reuters) - German energy firms Sefe and Uniper have awarded some traders millions of dollars in bonuses for 2022, four sources...
Syndicated Content May 15, 2023
In the Market: Why US regional banks are doomed to a doom loop
By Paritosh Bansal (Reuters) - Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get ...
Syndicated Content May 15, 2023
Indonesia April trade surplus beats forecast; exports, imports fall
JAKARTA (Reuters) - Indonesia's April trade surplus came in slightly bigger than expected, even as its exports and imports plunged along with declining prices of its main commodities like palm oil, co...
Syndicated Content May 14, 2023
Marketmind: Debt impasse dominates in big day for politics
A look at the day ahead in European and global markets from Kevin Buckland. Politics has the spotlight at the start of a new week, falling chiefly - still - on the U.S. debt ceiling standoff. Talks be...
Syndicated Content May 14, 2023
China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) - The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left signs ...
Syndicated Content May 14, 2023
Thai Q1 GDP growth beats forecast
BANGKOK (Reuters) - Thailand's economy expanded faster than expected in the first quarter, official data showed on Monday, helped by a rebound in private consumption and tourism which will help counte...
Syndicated Content May 14, 2023
Dollar hits 5-week high on inflation worries; lira drops, baht soars
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar rose to a five-week high against major peers on Monday as the safe-haven currency benefited from inflation worries at home and growth concerns globa...
Syndicated Content May 14, 2023
China launches projects to build ‘new-era’ marriage, childbearing culture
By Farah Master HONG KONG (Reuters) - China will launch pilot projects in more than 20 cities to create a "new-era" marriage and childbearing culture to foster a friendly child bearing environment, th...
Syndicated Content May 14, 2023
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