Wealth Growth Daily

Asia

Analysis-Threat of ‘down rounds’ spur private credit funds in Asia

BY Reuters  • June 30, 2023June 30, 2023
By Yantoultra Ngui SINGAPORE (Reuters) – From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising[...]
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Asia Business Economy Updated

Tokyo inflation points to broadening price pressure, tests dovish BOJ stance

BY Reuters  • June 30, 2023June 30, 2023
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital perked up in June and remained above the central bank’s 2% target for the 13th month, a sign price hike[...]
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Asia Business Economy Updated

Judge grills FTC about data in hearing on Microsoft deal to buy Activision

BY Reuters  • June 30, 2023June 30, 2023
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzar[...]
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Asia Business Entertainment and Lifestyle Technology Updated US

Exclusive-Letter from prison: South Korean chip exec denies stealing Samsung data for China factory

BY Reuters  • June 30, 2023June 30, 2023
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory i[...]
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Asia Business Technology

Japan’s jobless rate flat at 2.6% in May

BY Reuters  • June 29, 2023June 29, 2023
TOKYO (Reuters) – Japan’s jobless rate was flat at 2.6% in May from the previous month, government data showed on Friday. The seasonally adjusted unemployment rate also matched economists[...]
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Asia Business Economy

Exclusive-US, Dutch set to hit China’s chipmakers with one-two punch

BY Reuters  • June 29, 2023June 29, 2023
By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part[...]
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Asia Business Economy Europe Politics Technology Updated US

Marketmind: China, Japan data bring curtain down on H1

BY Reuters  • June 29, 2023June 29, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets bring an eventful first half of the year to a close on Frid[...]
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Asia Business Economy Technology US

S&P 500 ends higher, Treasury yields touch three-month high on solid US economic data

BY Reuters  • June 29, 2023June 29, 2023
By Stephen Culp NEW YORK (Reuters) – The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest level since early March as robust economic data helped ease recession fe[...]
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Asia Australia Business Economy Europe Top News Updated US

Regulatory logjam in China offshore listings hits firms’ funding plans

BY Reuters  • June 29, 2023June 29, 2023
By Scott Murdoch and Kane Wu SYDNEY/HONG KONG (Reuters) – Chinese companies are finding it challenging to get timely regulatory approvals for overseas share offerings as scrutiny of their propos[...]
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Asia Business Updated US
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