By Leika Kihara TOKYO (Reuters) – The Bank of Japan this week crafted a new weapon to defend its yield cap and extend the lifespan of its yield control policy, without having to ramp up bond buy[...]
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January 20, 2023
Thai AirAsia readies personnel as China travel resumes
BANGKOK (Reuters) – Budget carrier Thai AirAsia is preparing its pilots and cabin crew for the return of Chinese tourists, previously its largest customer group, as the airline resumes routes ac[...]
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As Netflix co-founder pulls back, can CEOs preserve the ‘Netflix Way?’
By Dawn Chmielewski and Lisa Richwine (Reuters) – In his book “No Rules Rules”, Netflix co-founder Reed Hastings described a moment in 2001 when venture capital had dried up, forcing[...]
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Google to delay portion of staff bonus
(Reuters) – Alphabet Inc’s Google is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system, the search engine giant sa[...]
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JPMorgan, Standard Chartered win approval to expand in China
SHANGHAI (Reuters) – JPMorgan and Standard Chartered won Chinese regulatory approval on Thursday to expand operations in China as it encourages expansion by foreign companies after lifting its r[...]
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China’s video game makers come in from the cold as crackdown eases
By Josh Ye HONG KONG (Reuters) – China’s end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrict[...]
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For Chinese Lunar New Year tourists, retailers roll out rabbit dances, red lanterns
By Chayut Setboonsarng and Farah Master BANGKOK/HONG KONG (Reuters) – As Chinese shoppers trickle back to tourist hotspots for Lunar New Year holidays, malls from Macau to Bangkok aim to lure th[...]
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Exclusive-ValueAct calls for Seven & i to spin off 7-Eleven retail chain
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund ValueAct Capital urged Seven & i Holdings shareholders on Thursday to back a spin-off of the company’s 7-Eleven convenience store chain,[...]
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Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank
SINGAPORE (Reuters) -Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to boost the Canadian insurer’s presence in the[...]
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