By Xie Yu HONG KONG (Reuters) – Boutique investment bank China Renaissance Holdings said it would delay its audited annual results and suspend its stock trading from Monday, after mainland autho[...]
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April 3, 2023
Japan manufacturers’ mood sours on global slowdown, service sector bounce cushions blow
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ sentiment soured in the first quarter to its worst level in more than two years, eclipsing an uptick in serv[...]
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Julius Baer CEO eyes gains from Credit Suisse’s fall -media
ZURICH (Reuters) – Julius Baer is having “constructive discussions” with Credit Suisse staff who are looking to leave following their bank’s takeover by UBS, the Swiss private[...]
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China new home sales rise sharply in March – survey
BEIJING (Reuters) – China’s new home sales rose sharply in March, as a slew of support policies boosted a pickup in demand across the board in 14 surveyed cities, a private survey showed o[...]
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Indonesia lowers VAT on electric vehicles to 1%
JAKARTA (Reuters) – Indonesia has lowered its value-add tax on battery-based electric vehicle sales to 1% from 11% to encourage the adoption of EVs, a government ministry said on Monday, amid ef[...]
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Marketmind: Oil spike a black mark for inflation, consumer demand
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Oil prices have stolen the show in Asia on Monday, and not in a good way if you care about globa[...]
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Shipbuilder Austal sinks on former U.S. executives’ indictment for financial fraud
(Reuters) – Australian shipbuilder Austal Ltd sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of Justice indicted three of its forme[...]
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E-commerce firm Boxed Inc files for bankruptcy, eyes software unit sale
(Reuters) – Boxed Inc filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform said on Sunday, adding that it will also wind dow[...]
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Nomura names Rudolf Hitsch North Asia head of wealth management
HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for its international wealth management business. Hitsc[...]
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