By Stella Qiu and Praveen Menon CAMPBELLTOWN, Australia (Reuters) – Belinda has applied for more than 100 rental homes in the past year and been rejected every time. The 39-year-old Australian s[...]
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Asia
Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions
By Kane Wu (Reuters) – Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing[...]
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Rich Chinese step up hunt for foreign investment bets to mitigate risks at home
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Wealthy Chinese individuals are paring holdings of local securities and are increasingly looking at assets in the United States and elsewhere over[...]
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China’s COVID surge hits Beijing trading floors, Shanghai finance hub
SHANGHAI (Reuters) – COVID-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing[...]
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Turnover surges as funds rush to exit private equity stakes
By Rae Wee SINGAPORE (Reuters) – Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers cash out to cover losses elsewhere and re[...]
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BOJ may unwind ultra-easy policy in 2023, nearly half of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in a Reuters[...]
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Chinese business confidence falls to lowest in almost a decade on COVID
BEIJING (Reuters) -China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic ac[...]
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South Korea flags economic slump deepening for while
By Choonsik Yoo SEOUL (Reuters) – South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel[...]
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Foxconn fine for unauthorised China investment likely to be imposed soon – source
TAIPEI (Reuters) – Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker,[...]
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