By Sameer Manekar and Una Galani SINGAPORE (Reuters) -DBS Group is looking for bolt-on acquisitions that would support its geographic and business strategy but has ruled out making a major buy to save[...]
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July 9, 2024
Taiwan June exports tops forecasts on AI demand, U.S. market soars
TAIPEI (Reuters) – Taiwan’s exports rose more than expected in June, with the island benefiting from its position as a key link in the supply chain of the booming artificial intelligence ([...]
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Porsche AG reports sharp fall in China deliveries
(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year compared to the same period in 2023, primarily driven by a 33% year-[...]
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Israel Aerospace announces $1 billion deal with unnamed third party
JERUSALEM (Reuters) – Israel Aerospace Industries (IAI) has entered a $1 billion contract to supply one of its systems to an unnamed third party, the state-owned defence contractor said on Tuesd[...]
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German insolvencies higher than expected in H1, reports Handelsblatt
BERLIN (Reuters) – The number of medium-sized and large companies in Germany that went insolvent in the first half of this year was up 41% compared with the same period last year, the Handelsbla[...]
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Temasek portfolio value logs modest rise; has a cautious approach to China
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore state investor Temasek said on Tuesday its net portfolio value had swung back to growth with a 1.8% gain, adding that profits from investments[...]
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China’s June new yuan loans seen surging on supportive policy: Reuters poll
BEIJING (Reuters) – China’s new yuan loans likely more than doubled in June from May, a Reuters poll showed on Tuesday, as the central bank kept up policy support for the economy amid a sh[...]
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Exclusive-KKR to cut stake in Japan chip tool maker Kokusai Electric, sources say
By Sam Nussey TOKYO (Reuters) – Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the[...]
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Meta and Vodafone optimise video to boost network efficiency
By Paul Sandle LONDON (Reuters) – Instagram-owner Meta has worked with Vodafone to free up capacity on 11 of its European mobile networks by optimising the delivery of short-form video without n[...]
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