By Alasdair Pal SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) said the former CEO of its Australia business, who stepped down just last week, will retire from the firm, while the auditor also[...]
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May 15, 2023
China’s securities regulator, central bank cut staff pay budgets
SHANGHAI (Reuters) – China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms ordered as part of a broader drive to reduce i[...]
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Japan’s govt, central bank debate whether sustained exit from deflation is near
By Leika Kihara and Kentaro Sugiyama TOKYO (Reuters) -A meeting of the government’s top economic council on Monday focused on whether recent rises in inflation and wage growth suggest Japan was[...]
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Analysis-Consultancy firms in China tested limits before Beijing’s crackdown
By Engen Tham and James Pomfret SHANGHAI/HONG KONG (Reuters) – China’s clampdown on its consultancy and due diligence sector has driven companies to review their operations after some test[...]
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Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including P[...]
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Thailand’s growth beats forecast; investors brace for uncertainty after elections
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy expanded faster than expected in the first quarter due to a recovery in tourism, data showed on Monday,[...]
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In the Market: Why US regional banks are doomed to a doom loop
By Paritosh Bansal (Reuters) – Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really wanted to do, like letting the largest U.[...]
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Marketmind: Debt impasse dominates in big day for politics
A look at the day ahead in European and global markets from Kevin Buckland. Politics has the spotlight at the start of a new week, falling chiefly – still – on the U.S. debt ceiling stando[...]
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China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left[...]
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