(Reuters) -India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure, Bloomberg News reported on Sunday. Listed companies controlled by billionai[...]
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February 13, 2023
BOJ’s expected new chief Ueda to let data guide exit timing- ex-staff
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan’s expected next governor Kazuo Ueda likely won’t rush to overhaul ultra-loose policy and will instead let econom[...]
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Star Entertainment warns of up to $1.1 billion earnings hit, shares plumb record low
By Savyata Mishra (Reuters) -Australia’s Star Entertainment Group on Monday warned of an up to A$1.6 billion ($1.11 billion) impairment charge in first-half earnings from a proposed casino duty[...]
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Australia’s Aurizon cuts earnings forecast on prolonged wet weather
(Reuters) – Australia’s Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual core earnings forecast, as prolonged wet weather and a der[...]
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Australia’s top central banker to face lawmaker ire over rate hikes
SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding[...]
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Singapore downgrades Q4 GDP, keeps 2023 forecast
By Chen Lin SINGAPORE (Reuters) -Singapore’s economy grew slightly less than initially estimated in the fourth quarter from a year ago, official data showed on Monday, and the government kept it[...]
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Australia’s IAG cash earnings jump 27% on growth across key businesses, dividend steady
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact of[...]
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Geely’s EV brand Zeekr raises $750 million in fresh funding round
SHANGHAI (Reuters) – Zeekr, the electric car brand of China’s Geely Automobile Holdings, is raising $750 million from five new and existing investors in a funding round that values the bra[...]
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Investors see Hong Kong property stocks, funds as reopening trades
By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms[...]
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