Author Archives: Syndicated Content
Global index funds seek to shift out of Chinese ADRs as delisting looms
By Samuel Shen and Selena Li SHANGHAI/HONG KONG (Reuters) - Global index-tracking fund managers with exposure to U.S.-listed Chinese firms are pushing index providers to swap into their Hong Kong-trad...
Apr 12, 2022
Global growth optimism at all-time low, fund manager survey finds
By Saikat Chatterjee LONDON (Reuters) -Optimism among fund managers over global growth has hit an all-time low, while concerns the world economy is heading into a stagflation scenario rose to the high...
Apr 12, 2022
S.Korea's SK weighs investing in small nuclear reactors, eyes Bill Gates' TerraPower
By Joyce Lee and Byungwook Kim (Reuters) - South Korea's SK Group said on Tuesday it was mulling investments in small-sized nuclear reactors and that one of the candidates was TerraPower, a U.S. ventu...
Apr 12, 2022
S.Korea's incoming leader Yoon visits ex-president he investigated
By Hyonhee Shin SEOUL (Reuters) - South Korea's president-elect Yoon Suk-yeol met with former President Park Geun-hye on Tuesday for the first time since he led a corruption probe that resulted in her...
Apr 12, 2022
European stocks hit near 1-week low on global worries
(Reuters) - European shares on Tuesday fell to their lowest in nearly a week on growing worries about rising inflation, a surge in coronavirus infections in China and the fallout of the prolonged war ...
Apr 12, 2022
UK says 'all options are on the table' if Russia uses chemical weapons in Ukraine
LONDON (Reuters) - All options would be on the table in how the West responds to any use of chemical weapons in Ukraine by Russia, British armed forces minister James Heappey said on Tuesday. British ...
Apr 12, 2022
Bosch halts production at two China plants due to COVID curbs
SHANGHAI (Reuters) -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to conta...
Apr 12, 2022
Novartis to cut thousands of jobs in global revamp - paper
ZURICH (Reuters) - Swiss drugmaker Novartis will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeig...
Apr 12, 2022
Marketmind: Collateral damage
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker that rapid policy tightening may cause a hard landing for economic growth -- Federal Reserve Governor...
Apr 12, 2022
Russia revises forecasts, GDP to fall more than 10% in 2022 - RIA cites official
(Reuters) - Russian economy and finance ministries are working on new forecasts that would project a contraction of gross domestic product this year of more than 10%, Alexei Kudrin, head of the Audit ...
Apr 12, 2022
