Category Archives:
CoinShares boosts stake in Swiss FlowBank to 29.3%
ZURICH (Reuters) - Digital asset investment group CoinShares has acquired a 20.28% stake in FlowBank, increasing its holding in the Swiss online bank to 29.3%, FlowBank said on Monday. Following the i...
Mar 14, 2022
Russia warns it may be forced to pay FX debt in roubles due to sanctions
(Reuters) -Russia's finance ministry said on Monday it had approved a temporary procedure for repaying foreign currency debt, but warned that payments would be made in roubles if sanctions prevent ban...
Mar 14, 2022
India’s February WPI inflation accelerates to 13.11% y/y
NEW DELHI (Reuters) - India's annual wholesale price-based inflation accelerated to 13.11% in February from the previous month's 12.96%, government data showed on Monday. February's figure was higher ...
Mar 14, 2022
South Korea’s Kakao founder quits board to focus on units’ global expansion
SEOUL (Reuters) - South Korean billionaire Brian Kim, founder of the country's leading chat app operator Kakao Corp, stepped down from its board to focus on global expansion of its affiliates' busines...
Mar 14, 2022
Europe’s carmakers scramble to replace Ukrainian auto parts
By Christina Amann and Nick Carey BERLIN (Reuters) - Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as China and Me...
Mar 14, 2022
SoftBank sold $1 billion Coupang stake
TOKYO (Reuters) - SoftBank Group Corp's Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm's holdings. V...
Mar 14, 2022
SK On, Ford and Koc Holding to form EV battery joint venture in Turkey
SEOUL (Reuters) - South Korean battery maker SK On said on Monday it has signed a memorandum of understanding (MOU) with Ford Motor Co and Koc Holding As to form a joint venture to produce electric ve...
Mar 14, 2022
Your connected car knows you. The tussle for that data’s hitting high gear
By Nick Carey LONDON (Reuters) - Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits. Companies in Europe and beyond are vying for contro...
Mar 14, 2022
Ex-PBOC adviser expects China to cut rates further – China Securities Journal
SHANGHAI (Reuters) - China will further cut interest rates to stabilise the economy, as shrinking China-U.S. yield spreads won't change Beijing's monetary policy loosening bias, the China Securities J...
Mar 14, 2022
China slams firms for falsifying carbon data
BEIJING (Reuters) - China's environment ministry has slammed firms for falsifying carbon data, part of the country's efforts to improve data quality as it prepares to expand its national emissions tra...
Mar 14, 2022
Peoria, IL, USA
69 °F Light Rain
