Category Archives:
ByteDance plans to spin off real estate listing business
SHANGHAI (Reuters) - China's ByteDance plans to spin off its real estate listing service to focus on its core businesses, a company representative said on Wednesday, as the TikTok owner undergoes a re...
Nov 24, 2021
Bahrain’s $30 billion strategic projects plan includes offshore cities, metro
DUBAI (Reuters) - Bahrain said on Wednesday it intends to build five offshore cities, tourism projects and trade and transport infrastructure within an economic growth and fiscal balance plan announce...
Nov 24, 2021
Austrian central bank sees growing risks from mortgages amid property boom
VIENNA (Reuters) - Risks from insufficiently cautious mortgage lending are increasing amid Austria's housing market boom, the central bank said on Wednesday, stressing that such loans need close scrut...
Nov 24, 2021
Japan to spend $313 billion in extra budget as tax income overshoots – draft
TOKYO (Reuters) - Japan's government is set to compile an extra budget for this fiscal year featuring spending worth 36 trillion yen ($313 billion), with additional new bond issuance at 22.1 trillion ...
Nov 24, 2021
Indian government’s plan to ban cryptocurrencies leads to heavy selling – investors
By Nupur Anand MUMBAI (Reuters) - Plans by the Indian government for a new bill that would bar most private cryptocurrencies has triggered heavy selling in the country's digital currency markets, as i...
Nov 24, 2021
Head of French telecoms group Orange convicted of misuse of public funds
PARIS (Reuters) - Stephane Richard, the head of France's biggest telecoms company Orange, was convicted Wednesday of complicity of misuse of public funds by a Paris appeals court. The case dated back ...
Nov 24, 2021
China says it will release oil reserves according to its needs
BEIJING (Reuters) - China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-p...
Nov 24, 2021
China developer Kaisa plans to propose 1.5-yr extension for bond due Dec 7-REDD
HONG KONG (Reuters) - Cash-strapped Chinese property developer Kaisa Group plans to propose an extension of one-and-a-half years for its $400 million dollar bond maturing on Dec. 7, financial intellig...
Nov 24, 2021
France to take steps against online retail site Wish to protect consumers
PARIS (Reuters) - The French government is taking measures against website company "Wish" to protect French consumers, finance minister Bruno Le Maire said on Wednesday. "We ask for the delisting of t...
Nov 24, 2021
China says it will introduce new measures to stabilise trade in due course
BEIJING (Reuters) - China's vice commerce minister Ren Hongbin said on Wednesday there are still many concerns for foreign trade, especially for struggling smaller exporters, and China will introduce ...
Nov 24, 2021
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