Category Archives:
Factbox: Chinese developers that missed or are set to miss offshore bond payments since Sept
HONG KONG (Reuters) - Cash-strapped China Evergrande Group missed its third round of bond coupon payments in three weeks, as the one-time top-selling property developer in China wrestles with more tha...
Syndicated Content Oct 12, 2021
It’s an allegory: North Korea website says ‘Squid Game’ reflects South Korea’s ‘beastly’ society
By Josh Smith SEOUL (Reuters) - A North Korean propaganda website said on Tuesday that the international Netflix hit "Squid Game" exposes the reality of South Korean capitalist culture where "corrupti...
Syndicated Content Oct 12, 2021
Japan PM Kishida: Weak yen good for exports but pushes up corporate costs
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Tuesday a weak yen helps lift exports but also increases costs for companies by pushing up import prices. "We will closely watch the imp...
Syndicated Content Oct 12, 2021
Major central banks likely to make policy mistakes – Deutsche survey
LONDON (Reuters) - The U.S. Federal Reserve and the European Central Bank are expected to keep policy settings too loose while the Bank of England is likely to err on the hawkish side, most respondent...
Syndicated Content Oct 12, 2021
European stocks hit by risk aversion ahead of earnings
(Reuters) - European shares lost ground on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer Chi...
Syndicated Content Oct 12, 2021
China launches anti-graft campaign in finance sector by inspecting banking regulator
BEIJING (Reuters) - China's top anti-graft watchdog has kicked off a roughly two-month inspection of the country's banking and insurance regulator, as part of a broader campaign to weed out corrupt Co...
Syndicated Content Oct 12, 2021
More pain for British consumers as grocery prices rise
By James Davey LONDON (Reuters) -British grocery prices increased 1.7% in the four weeks to Oct. 3 year-on-year, market researcher Kantar said on Tuesday, adding to pressure on households already faci...
Syndicated Content Oct 12, 2021
Hubilo raising $125 million from U.S. hedge fund, existing investors
SINGAPORE (Reuters) - Hybrid events platform company Hubilo said it is raising $125 million in a private funding round, backed by new investor U.S.-based hedge fund Alkeon Capital and existing investo...
Syndicated Content Oct 12, 2021
Toyota aims to make up some lost production as supplies rebound -sources
By Maki Shiraki TOKYO (Reuters) - Toyota Motor Corp in December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it cl...
Syndicated Content Oct 12, 2021
Marketmind: The waiting game
A look at the day ahead from Sujata Rao. So many question marks these days: will the inflation spike we are witnessing ebb? Will central banks resist temptation to significantly tighten policy? How mu...
Syndicated Content Oct 12, 2021
Peoria, IL, USA
58 °F Partly cloudy
