Category Archives:
Crypto.com says balance sheet strong, exchange not in trouble
By Ankur Banerjee and Vidya Ranganathan SINGAPORE (Reuters) - Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble...
Nov 14, 2022
European shares open higher on boost from miners
(Reuters) - European shares edged higher on Monday, as miners rose on China demand hopes, while caution prevailed after a top Federal Reserve policymaker warned that the U.S. central bank would not "s...
Nov 14, 2022
Czech wage growth below 5% needed to tame inflation, central bank governor says
PRAGUE (Reuters) - Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as the bank seeks to rein in...
Nov 14, 2022
Japan’s biggest bank Mitsubishi UFJ reports 70.5% slump in Q2 profit
TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc, Japan's largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to the sal...
Nov 14, 2022
Indonesia’s EV fund gets backing from CATL, CMB International
JAKARTA (Reuters) - The Indonesia Investment Authority, the country's sovereign wealth fund, is to set up a green electric vehicle (EV) fund of at least $2 billion with China's battery maker CATL and ...
Nov 14, 2022
Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement
By David Lawder NUSA DUA, Indonesia (Reuters) - U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden's meeting on Monday with Chinese President Xi Jinping leads to increased engagem...
Nov 14, 2022
Slovakia’s InoBat eyes electric vehicle battery plant in Serbia
By Nick Carey LONDON (Reuters) - Slovakian battery maker InoBat said on Monday it has signed declarations of intent with the Serbian government to build an electric vehicle (EV) battery factory in the...
Nov 14, 2022
Indonesia Oct trade surplus seen at $4.5 billion as global trade weakens- Reuters poll
JAKARTA (Reuters) - Indonesia's trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday. Ex...
Nov 14, 2022
Japan’s Mizuho reports 29.3% increase in Q2 net profit
TOKYO (Reuters) - Mizuho Financial Group, Japan's third-largest lender by assets, on Monday reported a 29.3% increase in second-quarter net profit. Mizuho posted a profit of 174.67 billion yen ($1.25 ...
Nov 14, 2022
As regulators scrutinise FTX, investor focus swings to Crypto.com
By Vidya Ranganathan SINGAPORE (Reuters) - The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying abou...
Nov 14, 2022
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