Author Archives: Syndicated Content
Russia says frigate hits Ukraine's military infrastructure with cruise missiles
(Reuters) - A frigate of the Russian Black Sea Fleet launched an attack with four cruise missiles on Ukraine's military infrastructure, Russia's defence ministry said early on Wednesday. "The crew of ...
Nov 28, 2023
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
SYDNEY (Reuters) - New Zealand's new government will introduce legislation to reform the Reserve Bank of New Zealand's mandate and lift a ban on the sale of cigarettes to future generations within its...
Nov 28, 2023
Factbox-Rakuten Group's losses, debt burden and financing efforts
By Anton Bridge TOKYO (Reuters) - Rakuten Group is a Japanese conglomerate centred on an e-commerce website - Rakuten Ichiba - and a suite of online financial services companies including banking, cre...
Nov 28, 2023
Analysis-Rakuten's mobile misadventure: from ambitious plan to millstone
By Anton Bridge TOKYO (Reuters) - When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. It's d...
Nov 28, 2023
China's Didi Global app disruption due to software failure, not cyberattack
BEIJING (Reuters) -China's Didi Global ride-hailing app was disrupted earlier this week by an underlying system software failure and not a cyberattack, the company said in a statement on its social me...
Nov 28, 2023
Japan's Nomura to reduce risk assets for wholesale business
TOKYO (Reuters) - Nomura Holdings said on Wednesday it would reduce risk weighted assets by up to 6% for its struggling wholesale business as the top Japanese investment bank scrambles to shore up its...
Nov 28, 2023
TikTok obtaining Indonesia e-commerce permit - state media
JAKARTA (Reuters) - Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia's government, state news agency Antara reported, citing the deputy trade minister. In Sept...
Nov 28, 2023
Bonds cheer Fed talk of cuts; kiwi flies
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks briefly made one-week highs on Wednesday, bonds rallied and the dollar sank on new hints at U.S. interest rate cuts, while the New Zealand dollar ju...
Nov 28, 2023
Chechen leader's 16-year-old son named to post in rifle battalion
(Reuters) - Chechen leader Ramzan Kadyrov's teenage son, who was shown beating a prisoner in custody this year, has been named as an observer in a new battalion that is part of Russia's defence minist...
Nov 28, 2023
Analysis-As global rates turn, banks in India and Indonesia set to win
By Ankur Banerjee SINGAPORE (Reuters) - As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the...
Nov 28, 2023
