By Lewis Jackson and Nausheen Thusoo SYDNEY (Reuters) -Australia’s Dexus swung to its first net loss since 2009 as higher interest rates wiped nearly A$1.2 billion ($773 million) off the value o[...]
Read more
August 16, 2023
Cathay Pacific clears about $38 million payment dues on preference share dividends
(Reuters) -Cathay Pacific Airways said on Wednesday it has paid a dividend of HK$292.5 million ($37.4 million) due on preference shares on Aug. 14 and said it expects strong travel demand to remain th[...]
Read more
Tencent Music’s quarterly revenue rises but warns of decline ahead
By Josh Ye and Samrhitha A (Reuters) -China’s Tencent Music Entertainment Group reported a 5.5% increase in quarterly revenue thanks to a rise in user subscriptions but warned that future revenu[...]
Read more
Woodside, unions remain at odds over wages at Australia’s largest LNG facility
SYDNEY (Reuters) -Woodside Energy said “positive progress” was being made on wage disputes at Australia’s largest liquefied natural gas (LNG) facility even as a union alliance said k[...]
Read more
Marketmind: Stock markets tense as China gloom builds
A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time this year, adding to an alarming picture of the world’s sec[...]
Read more
Japan’s policymakers hold fire as yen enters intervention range
By Kevin Buckland TOKYO (Reuters) -As the yen slid past 145 per dollar with barely a murmur from Japanese policymakers during recent days, suspicion grew that they won’t be as quick to order int[...]
Read more
Esmark CEO says has money in bank account for $7.8 billion US Steel bid
By David Carnevali NEW YORK (Reuters) -Esmark Inc majority owner and chief executive James Bouchard said in an interview on Tuesday that his steelmaker, which does not publicly report its earnings, ha[...]
Read more
Heeding Beijing’s call, law firms tone down China risks in IPO applications
HONG KONG (Reuters) -Law firms in China are scrambling to comply with Beijing’s new guidance to tone down the language used to describe China-related business risks in companies’ offshore[...]
Read more
Japan business mood improves but China impact dims outlook – Reuters Tankan poll
By Tetsushi Kajimoto TOKYO (Reuters) – Big Japanese manufacturers and service-sector firms signalled improved business morale in August, a monthly Reuters poll showed on Wednesday, reflecting a[...]
Read more