Category Archives:
Manulife gets China approval to take full control of fund business
By Selena Li and Samuel Shen HONG KONG (Reuters) - Canada's Manulife Financial Corp has become the first foreign financial firm to receive regulatory approval in China to take full control of a funds ...
Nov 21, 2022
Workers at BP refinery will not help with restart unless wage demands met -union
AMSTERDAM (Reuters) -Workers at BP's Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands are met, union leaders said on Monday. The company said ...
Nov 21, 2022
Indonesia GoTo’s Jan-Sept 2022 net loss at $1.3 billion, despite improving Q3 results
JAKARTA (Reuters) - Indonesian tech firm PT GoTo Gojek Tokopedia Tbk reported a net loss of 20.32 trillion rupiah ($1.29 billion) between January and September 2022, according to financial statements ...
Nov 21, 2022
Malaysian markets slip on election stalemate, Islamist party’s gains
By Rae Wee and Tom Westbrook SINGAPORE (Reuters) - Malaysia's share market and ringgit currency weakened on Monday, after a national election over the weekend resulted in the country's first hung parl...
Nov 21, 2022
Sri Lanka’s national consumer price inflation slows to 70.6% in Oct
(Reuters) - Sri Lanka's National Consumer Price Index (NCPI) slowed year-on-year to 70.6% in October after a record 73.7% jump in September, the statistics department said on Monday. Food inflation wa...
Nov 21, 2022
UK households 142 pounds worse off in October versus last year -Asda
LONDON (Reuters) - The average British household was 142 pounds ($168) worse off in October year-on-year, mainly due to the steep rise in energy costs, supermarket group Asda said on Monday. Publishin...
Nov 21, 2022
ECB’s Lane plays down case for another 75 bps rate hike – MNI
FRANKFURT (Reuters) - The European Central Bank will raise rates again in December but the case for another 75 basis point move has diminished, ECB chief economist Philip Lane told Market News. "One p...
Nov 21, 2022
FTX shows need to regulate crypto before it gets big, says Bank of England
LONDON (Reuters) - The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. F...
Nov 21, 2022
Global equity bear market not over yet – Goldman Sachs
(Reuters) - Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough in the momentum of global growth deterioration, a peak in interest rate...
Nov 21, 2022
Taiwan Oct export orders down more than expected; outlook tough
TAIPEI (Reuters) - Taiwan's export orders contracted more severely than expected in October on weak consumer demand hit by inflation and interest rate hikes, with the government warning that China's i...
Nov 21, 2022
Peoria, IL, USA
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