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China opposes U.S. chip act, to take measures to safeguard rights
BEIJING (Reuters) - China opposes a new chips act passed by the United States and will take forceful measures to safeguard its legitimate rights when necessary, said China's commerce ministry on Thurs...
Syndicated Content Aug 18, 2022
UK budget think tank warns future PM against big tax cuts
By David Milliken LONDON (Reuters) - Britain's next prime minister will not have room to make large, permanent tax cuts, the Institute for Fiscal Studies said on Thursday, challenging the plans of the...
Syndicated Content Aug 18, 2022
S.Korea’s Hyundai Mobis aims to separate key businesses into new units
SEOUL (Reuters) -South Korean auto parts maker Hyundai Mobis Co Ltd said on Thursday it was considering separating its modules and key parts businesses into new wholly owned units in an effort to enha...
Syndicated Content Aug 18, 2022
Asset managers on alert after ‘WhatsApp’ crackdown on banks
By Iain Withers and Sinead Cruise LONDON (Reuters) - Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks in trying to ensure employees play by th...
Syndicated Content Aug 18, 2022
South Korea’s Kakao drops plan to sell stake in taxi-hailing unit
SEOUL (Reuters) - South Korean tech conglomerate Kakao Corp said on Thursday it is no longer exploring plans to sell about 10% of unit Kakao Mobility after objections from unionised employees and othe...
Syndicated Content Aug 18, 2022
Exclusive-China regulator probes banks’ property loan portfolio – sources
By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) - China's banking regulator is scrutinising property sector loan portfolios of some local and foreign lenders to assess systemic risks, sources w...
Syndicated Content Aug 18, 2022
Vietnam orders tech firms to store user data onshore
HANOI (Reuters) - Vietnam's government has ordered technology firms to store their users' data locally and set up local offices, its latest move to tighten cybersecurity rules. The new rules, issued i...
Syndicated Content Aug 18, 2022
Analysis: Confident Algeria rides gas high
By Lamine Chikhi ALGIERS (Reuters) - Europe's attempts to wean itself off Russian gas have given Algeria a shot in the arm. Flush with energy revenues after Russia's invasion of Ukraine sent demand fo...
Syndicated Content Aug 18, 2022
China’s first publicly traded rental property REITs snapped up by investors
SHANGHAI (Reuters) - China's first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening u...
Syndicated Content Aug 18, 2022
As ECB mulls another big hike, Schnabel says inflation outlook hasn’t improved
By Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) - The euro zone inflation outlook has failed to improve since a July rate hike, European Central Bank board member Isabel Schnabel said, suggest...
Syndicated Content Aug 18, 2022

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