KUALA LUMPUR (Reuters) -Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairm[...]
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January 23, 2024
BOJ keeps ultra-loose policy intact, cuts inflation forecast
TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on whether wage growth will accelerate enough to keep inflat[...]
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US FTC bars TurboTax maker Intuit from advertising ‘free’ services
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday barred TurboTax maker Intuit from advertising or marketing services as “free” when many consume[...]
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South Korea’s economy likely grew at slightly slower pace in Q4: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s economy expanded at a slightly slower pace in the final three months of 2023 compared to Q3 as elevated interest rates h[...]
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ADM shares plunge 24% in worst day since 1929 as CFO is placed on leave
By Karl Plume and Seher Dareen (Reuters) -Shares of Archer-Daniels-Midland plunged 24% on Monday, its biggest one-day drop since 1929, after CFO Vikram Luthar was placed on administrative leave as the[...]
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Netflix films chief Stuber to depart, start own firm
By Dawn Chmielewski (Reuters) -Netflix said on Monday that Scott Stuber, head of films, will leave the streaming service pioneer in March to start his own media company. No replacement was identified.[...]
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Tencent’s Riot Games to lay off about 11% of staff
(Reuters) -Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees[...]
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