Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Marketmind: Yen hangs under intervention cloud
A look at the day ahead in European and global markets from Ankur Banerjee The Japanese currency needed a fresh and sterner intervention warning from Tokyo on Wednesday to lift it off the one-year low...
Nov 01, 2023
Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) - China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity stake in each o...
Nov 01, 2023
Indonesia publishes energy transition plan for G7 funding
JAKARTA (Reuters) - Indonesia aims to cut carbon emissions to 250 million tonnes for its on-grid power sector in 2030 and increase its share of renewable energy generation to 44% under a Just Energy T...
Nov 01, 2023
US airlines back ethanol industry position on aviation fuel credit
By Jarrett Renshaw and Leah Douglas WASHINGTON (Reuters) - Major U.S. airlines and aviation companies joined ethanol companies to send a letter to the Biden administration on Wednesday backing a regul...
Oct 31, 2023
Australia rate risk grows as house prices jump and IMF chimes in
SYDNEY (Reuters) - Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices rebounding to near record highs and the International Monetary Fund recomme...
Oct 31, 2023
Asia’s factories squeezed as China’s nascent recovery teeters
By Leika Kihara TOKYO (Reuters) - Asia's manufacturers faced worsening pressure in October with factory activity in China slipping back into decline, clouding recovery prospects for the region's major...
Oct 31, 2023
Asian stocks stutter ahead of Fed, frail yen in focus
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-yea...
Oct 31, 2023
China’s factory activity contracts in October – Caixin PMI
BEIJING (Reuters) - China's factory activity unexpectedly contracted in October, a private survey showed on Wednesday, raising questions over the state of the country's fragile economic recovery at th...
Oct 31, 2023
Micro stocks shine in China’s flagging share market
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) - China's annus horribilis has seen its stock markets fall, funds run up losses and foreign investors run for the exit. But areas of the marke...
Oct 31, 2023
Oil gains ahead of Fed meeting as Middle East conflict persists
By Emily Chow SINGAPORE (Reuters) - Oil prices edged up in early Asian trade on Wednesday ahead of key global central bank meetings this week including the U.S. Federal Reserve, as the market also clo...
Oct 31, 2023
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