Author Archives: Syndicated Content
South Korea, U.S. discussing ways to strengthen cooperation on chips - Yonhap
SEOUL (Reuters) - South Korea's presidential office said on Thursday it was discussing with the United States ways to strengthen cooperation on chips through various channels, Yonhap News Agency repor...
Jul 14, 2022
Emerging markets investor Ashmore posts $14.3 billion quarterly AUM slide
LONDON (Reuters) - Emerging markets investment firm Ashmore Group said assets under management tumbled by $14.3 billion during the quarter to June 30, as key global markets buckled under rising geopol...
Jul 14, 2022
Emerging nations warn high energy costs could threaten emissions targets
NUSA DUA, Indonesia (Reuters) - Indonesia and India on Thursday underscored a call by emerging nations for more climate change financing, warning that rising energy prices due to the Ukraine war would...
Jul 14, 2022
Marketmind: Euro at parity and talk of a 100 bps U.S. rate hike
A look at the day ahead in markets from Dhara Ranasinghe. After staring parity against the dollar in the face for days, the euro finally broke the key level -- to the palpable relief of traders (and f...
Jul 14, 2022
In COVID closedown, Macau casinos take billion-dollar hit holding out for new licences
By Farah Master HONG KONG (Reuters) - In the glitzy dealing rooms of Macau's silenced casinos, the house is down billions of dollars, but can't afford to fold its hand in the world's biggest gambling ...
Jul 14, 2022
Top South Korean shipper HMM to invest $11.5 billion over 5 years for expansion
SEOUL (Reuters) - Hyundai Merchant Marine (HMM), South Korea's largest container shipping company by sales, said on Thursday it plans to invest 15 trillion won ($11.46 billion) over the next five year...
Jul 14, 2022
TSMC's Q2 profit up 76%, beats market estimates
TAIPEI (Reuters) -Taiwanese chip maker TSMC posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage. Taiwan Semiconductor M...
Jul 14, 2022
Finnish elevator maker Kone cuts 2022 outlook after weak China sales
HELSINKI (Reuters) - Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to among other things weak second-quarter sales in China, which were hit by COVID-19 lockdow...
Jul 14, 2022
Cycling-Pogacar plots revenge after cracking in Alps to lose yellow jersey
(Reuters) - Tadej Pocagar has promised revenge after ceding the Tour de France yellow jersey to Jonas Vingegaard on Wednesday as the two-time defending champion endured a brutal day on the slopes of C...
Jul 14, 2022
Norway's Aker Solutions raises 2022 revenue outlook
OSLO (Reuters) -Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook as it sees increased activity from oil and gas companies, with tender activity heading for a new record, it s...
Jul 14, 2022
