Category Archives:
Indonesia formulates incentives to keep FX earnings onshore – minister
JAKARTA (Reuters) - Indonesia is formulating incentives for exporters to keep their foreign exchange earnings onshore for at least three months, the chief economics minister said on Thursday. Minister...
Jan 25, 2023
Hess tops Wall St profit estimates, signals dividend increase
By Sabrina Valle, Liz Hampton and Sourasis Bose (Reuters) -U.S. oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for fourth-quarter profit on better-than-expected production in G...
Jan 25, 2023
China’s EXIM bank gives Sri Lanka debt extension
By Yew Lun Tian BEIJING (Reuters) -China's Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China's foreign ministry said on Thursday, confirming a Reuters report earli...
Jan 25, 2023
Indonesian central bank’s expanded mandate won’t affect inflation framework – chief
JAKARTA (Reuters) - Indonesia's central bank governor Perry Warjiyo said on Thursday the passage of a law last year that expanded Bank Indonesia's (BI) mandate would not affect its framework to tackle...
Jan 25, 2023
Accel, Tiger Global mull exiting India’s Flipkart in $1.5 billion stake sale – ET
(Reuters) -Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart Inc for about ...
Jan 25, 2023
Asian shares scale fresh 7-month high as Hong Kong trade resumes
By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day...
Jan 25, 2023
Musk says China rivals ‘work hardest, smartest’
(Reuters) - Detroit? Nope. Germany? Nein. Elon Musk sees the toughest competition for Tesla in China, home of the company he expects "most likely to be second" in electric vehicles. China is Tesla Inc...
Jan 25, 2023
Meta advertisers brush off Trump’s potential return
By Sheila Dang and Katie Paul (Reuters) - Former U.S. President Donald Trump's potential return to Meta Platform's Facebook and Instagram is unlikely to change how advertisers spend money with the wor...
Jan 25, 2023
Philippines Q4 GDP grows 7.2%, faster than forecast
MANILA (Reuters) - The Philippine economy grew at an annual rate of 7.2% in the fourth quarter, the statistics agency said on Thursday, beating expectations. Economists in a Reuters poll had expected ...
Jan 25, 2023
Oil edges up as U.S. crude inventories rise less than expected
By Laila Kearney (Reuters) - Oil prices were up in early Asian trade on Thursday as U.S. crude stocks rose less than expected, while a weaker dollar made oil cheaper for non-American buyers. Brent cru...
Jan 25, 2023
Peoria, IL, USA
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