Category Archives:
Didi says will be more transparent on drivers’ income after criticism
BEIJING (Reuters) - China's Didi Global Inc said on Monday drivers in several Chinese cities will be able to know details on how Didi pays them, the first big move by the ride-hailing giant after it w...
Aug 16, 2021
China cbank offers more medium-term loan than expected to cushion economic slowdown
SHANGHAI (Reuters) - China's central bank injected billions of yuan through medium-term loans into the financial system on Monday, which many market participants interpreted as an effort to prop up th...
Aug 15, 2021
HSBC to buy Axa’s insurance assets in Singapore for $575 million
SINGAPORE (Reuters) - HSBC said on Monday it had agreed to acquire Axa's insurance assets in Singapore for $575 million as it scales up its insurance business. "The proposed acquisition, which is subj...
Aug 15, 2021
U.S banks walk tightrope of encouraging, but not mandating vaccines
By Elizabeth Dilts Marshall and Noor Zainab Hussain NEW YORK (Reuters) - Big Wall Street banks have started enforcing stricter mask and vaccine requirements for staff, sometimes communicating them beh...
Aug 15, 2021
China refinery output falls to lowest in 14 mths as teapots cut runs
By Chen Aizhu and Muyu Xu SINGAPORE/BEIJING (Reuters) - China's daily crude throuhgput last month fell to the lowest since May 2020 as independent plants slashed production amid a tighter quotas, high...
Aug 15, 2021
China July industrial output up 6.4%, retail sales miss forecasts
BEIJING (Reuters) - China's industrial output rose 6.4% in July from a year ago, well behind expectations, official data showed on Monday, amid signs of increasing pressure on China's economy. Analyst...
Aug 15, 2021
China July new home prices growth hits slowest since January
BEIJING (Reuters) -China's new home prices in July rose at the slowest clip since January, official data showed on Monday, after authorities further tightened curbs on the sector, including limits on ...
Aug 15, 2021
Oil falls as Delta surge clouds fuel demand outlook
By Aaron Sheldrick TOKYO (Reuters) - Oil prices fell more than 1% on Monday, dropping for a third session, as government-imposed restrictions on mobility to counter the spread of the Delta variant rai...
Aug 15, 2021
Dollar languishes near one-week low after consumer sentiment blow
By Kevin Buckland TOKYO (Reuters) - The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks on Friday as diving U.S. consumer confidence hurt be...
Aug 15, 2021
New Zealand set to deliver Asia’s first pandemic-era rate hike: Reuters poll
By Praveen Menon WELLINGTON (Reuters) - New Zealand's central bank is expected this week to become the first in Asia-Pacific to raise interest rates since the pandemic began, amid concerns crisis-era ...
Aug 15, 2021
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