Category Archives:
Analysis-Bank of Japan’s tricky balancing act squeezes Tokyo money market
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - A Bank of Japan scheme introduced to support smaller lenders hurt by its ultra-low interest rates has perversely pushed up short-term borrowing cost...
Syndicated Content Nov 16, 2021
Asian high-yield managers start to close 2021 books due to China property woes
By Scott Murdoch and Alun John HONG KONG (Reuters) - Asia's high-yield bond managers are largely staying away from new debt deals as turmoil in China's property sector has roiled the region's bond mar...
Syndicated Content Nov 16, 2021
Will Erdogan get more cuts? Four questions for Turkey’s central bank
By Tommy Wilkes and Jonathan Spicer LONDON/ISTANBUL (Reuters) - Turkey's central bank is expected to deliver more interest rate cuts on Thursday - a move that President Tayyip Erdogan will likely chee...
Syndicated Content Nov 16, 2021
Nokia to launch cloud-based software subscription service
STOCKHOLM (Reuters) - Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around analytics, security and data mana...
Syndicated Content Nov 16, 2021
South Korea weighs monetary fines to rein in app store operators
SEOUL (Reuters) - South Korea said on Wednesday it plans to impose a fine on dominant app store operators such as Apple Inc and Alphabet's Google if they force app developers to use only their payment...
Syndicated Content Nov 16, 2021
Australian researchers to study how Tesla car batteries can power grid
SYDNEY (Reuters) - Australia's University of Queensland (UQ) on Wednesday said it would recruit Tesla Inc car owners around the world to analyse if the vehicle's spare battery capacity could support t...
Syndicated Content Nov 16, 2021
China Evergrande dissolves some units of online marketplace – media
HONG KONG (Reuters) - China Evergrande Group has dissolved several district-level units of Fangchebao (FCB), its online real estate and automobile marketplace, due to shrinking capital and business, C...
Syndicated Content Nov 16, 2021
PE firm Permira invests $150 million in hiking app AllTrails
By Krystal Hu (Reuters) - AllTrails, which operates a popular digital guide app for hikers, has raised $150 million in fresh capital from the growth fund of private equity firm Permira, the U.S. compa...
Syndicated Content Nov 16, 2021
India’s SpiceJet, Boeing settle 737 MAX-related claims
BENGALURU (Reuters) - Indian budget airline SpiceJet said on Wednesday U.S. planemaker Boeing had agreed to settle the outstanding claims related to the grounding of its 737 MAX aircraft. The announce...
Syndicated Content Nov 16, 2021
Australia’s CBA shares slide on margin pain despite profit jump
By Paulina Duran SYDNEY (Reuters) - Australia's Commonwealth Bank warned fierce competition in its key home loan market was hurting its margins "considerably", triggering a big sell-off in one of the ...
Syndicated Content Nov 16, 2021
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