By Daniel Leussink TOKYO (Reuters) – Japanese automakers are getting much-needed cover from an old standby, as the weaker yen helps prop up profits amid declining sales in China and the increasi[...]
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August 13, 2023
China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China’s new bank loans tumbled in July and other key credit gauges also weakened, even after policymakers cut interest rates and promised to roll ou[...]
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Aussie telecom firms Telstra, TPG will not appeal block of asset transfer deal
(Reuters) – Australian telecom firms Telstra Group and TPG Telecom on Monday said separately they would not appeal the country’s competition tribunal’s decision to block an asset tra[...]
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Exclusive-SoftBank in talks to buy Vision Fund’s 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) -SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund i[...]
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Marketmind: Will China pull the stimulus trigger?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets will get key economic signals this week that could determin[...]
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Sluggish US earnings may need pick-me-up to support 2023 stock rally
By Lewis Krauskopf NEW YORK (Reuters) -Stock investors have been satisfied by middling U.S. corporate results so far this year but they might not be so easy to please for the rest of 2023. As the seco[...]
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China State Council issues guidelines in bid to increase foreign investment
By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China’s State Council issued guidelines on Sunday that it said would further optimize the country’s foreign investment environment and at[...]
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U.S.-led naval group warns ships to avoid Iranian waters to avoid seizure
DUBAI (Reuters) – A U.S.-led naval coalition in the Gulf has warned ships in the region to stay away from Iranian waters to avoid possible seizure, the U.S. Navy said. The warning shows tensions[...]
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Miss Universe cuts ties with Indonesia organiser accused of sexual harassment
JAKARTA (Reuters) – The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year’s Malaysia pageant after contestants accused local organ[...]
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