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SoftBank shares jump on Alibaba split-up plans
TOKYO (Reuters) - Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a 13.7 % stake, announced a major...
Syndicated Content Mar 29, 2023
UBS turns to ex-CEO Ermotti to steer Credit Suisse takeover
By John Revill (Reuters) -UBS Group AG named former boss Sergio Ermotti as its next chief executive officer on Wednesday, in a surprise move designed to help steer its massive takeover of neighbour Cr...
Syndicated Content Mar 29, 2023
China’s green loans exceed $3.2 trln, central bank chief says
BOAO, China (Reuters) - China's outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country's total loan balance, People's Bank of China Governor...
Syndicated Content Mar 29, 2023
Marketmind: Alibaba fires up market mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, the potential end of China's multi-year regulatory crack...
Syndicated Content Mar 28, 2023
Hong Kong home prices rise for second straight month in Feb
HONG KONG (Reuters) - Hong Kong private home prices climbed 2.2% in February, the second straight monthly increase, helped by improving sentiment after the border with China was reopened, expectations...
Syndicated Content Mar 28, 2023
US consumer bankers tighten monitoring, processes as industry reels
By Nupur Anand and Tatiana Bautzer Las Vegas (Reuters) - Consumer and mid-sized banks are planning to monitor their internal processes more closely and hold more frequent discussions with regulators a...
Syndicated Content Mar 28, 2023
Thailand beats Q1 tourism target with 6.15 million arrivals
BANGKOK (Reuters) - Thailand beat its target for tourist arrivals in the first quarter, recording 6.15 million visitors in the January to March 27 period, government spokesperson Traisuree Taisaranaku...
Syndicated Content Mar 28, 2023
Thai Feb factory output down 2.71% y/y, slightly better than forecast
BANGKOK (Reuters) - Thailand's manufacturing production index (MPI) in February dropped by 2.71% from a year earlier, as slowing global demand hurt exports, the industry ministry said on Wednesday. Th...
Syndicated Content Mar 28, 2023
Musk, experts urge pause on training of AI systems that can outperform GPT-4
(Reuters) - Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in training of systems more powerful than GPT-4, they said in an open let...
Syndicated Content Mar 28, 2023
U.S. banks fallout will intensify margin headwinds for Aussie lenders, UBS says
(Reuters) - Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce competition for ...
Syndicated Content Mar 28, 2023

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