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China tightens scrutiny on $9.3 trillion fund industry
SHANGHAI (Reuters) - China's top securities regulator pledged on Monday to crack down on mismanaged private funds and weed out fake ones, as the government becomes more assertive in dealing with an in...
Syndicated Content Aug 30, 2021
China August factory activity seen growing at slightly slower pace: Reuters poll
BEIJING (Reuters) - Growth in China's factory activity likely cooled further in August, a Reuters poll showed on Monday, as COVID-related restrictions and high raw material prices continued to pressur...
Syndicated Content Aug 30, 2021
Fortescue logs record bumper profit, dividend but management bonuses cut
By Melanie Burton and Nikhil Nainan MELBOURNE (Reuters) - Fortescue Metals Group Ltd reported its highest ever annual profit and dividend on Monday due to sky-high iron ore prices but senior managemen...
Syndicated Content Aug 29, 2021
Biden declares major disaster after Hurricane Ida lashes Louisiana
(Reuters) - U.S. President Joe Biden declared a major disaster in Louisiana and ordered federal aid to supplement recovery efforts in the areas affected by Hurricane Ida, the White House said on Sunda...
Syndicated Content Aug 29, 2021
Australia considering new laws for Apple, Google, WeChat digital wallets
By Paulina Duran SYDNEY (Reuters) - The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet's Google. ...
Syndicated Content Aug 29, 2021
Singapore’s Shopee changes the game in Brazil’s e-commerce sector
By Jimin Kang (Reuters) - Sea Ltd's Shopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce:...
Syndicated Content Aug 29, 2021
Australian economy likely already slowing in Q2 before Delta downturn
By Wayne Cole SYDNEY (Reuters) - Australia's economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for a vicious contr...
Syndicated Content Aug 29, 2021
China Evergrande says it will not hold news briefing after H1 earnings
HONG KONG (Reuters) - China Evergrande Group, the country's debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday. ...
Syndicated Content Aug 29, 2021
Crown Resorts reports loss on pandemic curbs, regulatory costs
(Reuters) - Crown Resorts Ltd posted an annual loss on Monday, hurt by lockdown-led casino closures and regulatory costs, and said it was no longer talking to Oaktree Capital Group over the private eq...
Syndicated Content Aug 29, 2021
Dollar pinned as Powell plods toward tapering
By Tom Westbrook SINGAPORE (Reuters) - The dollar was nursing losses on Monday and kept near multi-week lows after Federal Reserve Chair Jerome Powell laid out a slower-than-expected path to rate hike...
Syndicated Content Aug 29, 2021

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