(Reuters) – Billionaire U.S. investor Bill Ackman said on Thursday that he found short-seller Hindenburg Research’s report on India’s Adani Group “highly credible and extremely[...]
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January 27, 2023
Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain
(Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the first annual drop since 2008, official data showed on Friday. Price[...]
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LG Display flags turnaround in H2 after record loss in Q4
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korean display panel maker LG Display said it planned to cut costs in the first half of this year after posting a record quarterly loss, as[...]
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Stripe hires Goldman, JP Morgan to explore listing and private share sale – sources
By Krystal Hu, Sneha Bhowmik and Juby Babu (Reuters) -Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employe[...]
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LG says it’s in talks with Tesla to supply batteries from Arizona factory
SAN FRANCISCO/SEOUL (Reuters) – LG Energy Solution said on Friday it is in “active discussions” with Tesla and electric vehicle startups to supply batteries from the supplier’s[...]
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U.S. securities regulator probes investment advisers over crypto custody -sources
By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is probing registered investment advisers over whether they are meeting rules around custody of client crypto a[...]
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S.Korea fines Citadel Securities for stock algorithm trading breaches
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market wit[...]
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U.S. Senator blocks bid to close EV tax window
By David Shepardson WASHINGTON (Reuters) – Senator Debbie Stabenow thwarted a bid on Thursday by fellow Democrat Joe Manchin to pass a measure that would block some electric vehicles from receiv[...]
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Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, marking the[...]
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