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Soaring commodity prices lift BHP to best profit in 11 years, growing arsenal for M&A
By Praveen Menon and Savyata Mishra (Reuters) -BHP Group Ltd reported bumper profits on surging commodity prices on Tuesday, sending shares sharply higher, as the global miner failed to rule out a sec...
Syndicated Content Aug 15, 2022
India inflation may remain elevated despite July dip – analysts
MUMBAI (Reuters) - India's headline retail inflation that eased for the third straight month in July is expected to remain above the central bank's upper tolerance range in the near term, necessitatin...
Syndicated Content Aug 15, 2022
Tencent stops sales on its NFT platform Huanhe a year after launch as scrutiny mounts
By Josh Ye HONG KONG (Reuters) - Chinese internet giant Tencent Holdings' non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as reg...
Syndicated Content Aug 15, 2022
Thai economy to continue growing despite weaker-than-expected Q2 – central bank
BANGKOK (Reuters) - Despite a weaker-than-expected second quarter, Thailand's economy is expected to continue growing in the second half of the year as tourism picks up, the central bank said on Tuesd...
Syndicated Content Aug 15, 2022
China supports several private developers with bond guarantee -sources
HONG KONG (Reuters) - Chinese regulators have instructed state-owned China Bond Insurance Co. Ltd. to provide guarantees for onshore bond issuance by a few private property developers including Longfo...
Syndicated Content Aug 15, 2022
Stocks drift, oil slumps on recession fears
By Anshuman Daga SINGAPORE (Reuters) - Asian markets struggled for direction on Tuesday, weighed by worries over global growth following weak China data that knocked oil prices and commodity-linked cu...
Syndicated Content Aug 15, 2022
Elliott exited Twitter during second quarter amid takeover frenzy, filings show
By Svea Herbst-Bayliss BOSTON (Reuters) - Elliott Management, the hedge fund that pushed for big changes at Twitter two years ago, exited the stock during the second quarter, soon after Elon Musk anno...
Syndicated Content Aug 15, 2022
Philippines central bank to hike by 50 bps on Thursday, catching up with peers: Reuters poll
By Devayani Sathyan (Reuters) - The Philippine central bank will follow its surprise July rate hike with a half-point point rise on Thursday and another quarter-point increase in September to catch up...
Syndicated Content Aug 15, 2022
‘Tepid’ demand for U.S. sustainable funds in July, report says
By Cole Horton (Reuters) - Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and ETFs, resear...
Syndicated Content Aug 15, 2022
Tiger Global slashes portfolio amid losses
By Carolina Mandl NEW YORK (Reuters) -Investment firm Tiger Global Management, which lost billions of dollars in this year's technology meltdown, slashed or completely exited most of its holdings in t...
Syndicated Content Aug 15, 2022
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