By Ludwig Burger FRANKFURT (Reuters) – China’s planned export controls on gallium have caused frantic stockpiling of speciality semiconductor wafers made from the metal, according to the w[...]
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Asia
Marketmind: Bond yields recoil on disinflation buzz
A look at the day ahead in U.S. and global markets from Mike Dolan A volte face in Treasury yields has improved investors’ mood considerably this week as excitement about U.S. disinflation build[...]
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Singapore’s Temasek reports portfolio value drop, positive on China tech
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore investment firm Temasek Holdings on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in[...]
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UBS shelves plan for new China fund unit, takes over Credit Suisse joint venture – sources
By Selena Li and Samuel Shen HONG KONG (Reuters) – UBS has halted plans to set up a new fund unit in China and decided to maintain ownership in a mega fund joint venture from its Credit Suisse t[...]
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Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts
SYDNEY (Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown Resorts for breaking anti-money laundering laws, ending[...]
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Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal mindset, spending more on items that retailers were once too afraid to[...]
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China gallium curbs raise chip questions for future EV models
By Nick Carey LONDON (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can continue to rely on a metal which had been seen as a game cha[...]
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Yellen says US, China want to ‘stabilize’ relationship
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with “candor” and “respect.[...]
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BOK to hold base rate at 3.50% on Thursday, rate cut call pushed to 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as inflation continued to ease, a Reuters[...]
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