Author Archives: Syndicated Content
China's Lunar New Year travel offers spark of economic rebound from COVID crunch
SHANGHAI (Reuters) - Urban workers crowded train stations across China's largest cities on Tuesday as the country's mass migration for Lunar New Year holidays hit high gear, an early sign of economic ...
Jan 17, 2023
Indonesia close to EV deals with BYD Group and Tesla - minister
JAKARTA (Reuters) - Indonesia is finalising agreements with China's automaker BYD Group and U.S. carmaker Tesla to invest in electric vehicle (EV) production facilities in the Southeast Asian country,...
Jan 16, 2023
Nissan directors endorse steps to reach deal with Renault-sources
By Maki Shiraki TOKYO (Reuters) - A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and endorsed pressing ahead on final terms for a reshaped alliance with its French part...
Jan 16, 2023
Blizzard says China's NetEase rejects proposal to extend partnership for six months
By Josh Ye HONG KONG (Reuters) - Activision Blizzard, the U.S. video game giant behind hit franchise Warcraft, said on Tuesday that its Chinese publisher NetEase had turned down a proposal to extend t...
Jan 16, 2023
Marketmind: Ugly duckling
A look at the day ahead in European and global markets from Anshuman Daga While Chinese economic data didn't come in worse than markets had feared, investors still couldn't come to terms with the scal...
Jan 16, 2023
Analysis-Bond traders get their swagger back in rate-obsessed markets
By Lananh Nguyen NEW YORK (Reuters) - Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite dreary deal markets....
Jan 16, 2023
Australia raises loan to rare earths developer, announces more grants
MELBOURNE (Reuters) - Australia's government said on Tuesday it will increase its loan to rare earths developer Hastings Technology Metals, and pledged to hand out $35 million to other companies devel...
Jan 16, 2023
Sri Lanka to cut recurrent budget expenditure by 6% in 2023
COLOMBO (Reuters) - Sri Lanka's cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6% in 2023 as the country battles its worst financial crisis in seven decades and is seekin...
Jan 16, 2023
ECB must raise rates high enough to restrict growth, Lane says
FRANKFURT (Reuters) - The European Central Bank needs to raise interest rates further to a level that starts to restrict growth but it remains unclear where the eventual peak in the rate cycles will b...
Jan 16, 2023
NHL roundup: Caps rally for OT win over Islanders
Dmitry Orlov scored with 32.3 seconds left in overtime Monday night for the visiting Washington Capitals, who overcame a three-goal deficit to beat the New York Islanders 4-3 in Elmont, N.Y. Orlov dek...
Jan 16, 2023
