BEIJING (Reuters) – China’s services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey[...]
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Asia
Japan’s service-sector activity growth hits 3-month low -PMI
TOKYO (Reuters) -Japan’s service sector activity grew in November at the slowest pace in three months, as relentless inflation dampened a part of the economy that was benefiting from the return[...]
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Improbable bets on break of Hong Kong dollar peg adding up
By Tom Westbrook and Georgina Lee SINGAPORE/HONG KONG (Reuters) -It’s what is known in the markets as a “tail risk”: a highly unlikely scenario in which Hong Kong’s currency pe[...]
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New Zealand plans law to require Facebook, Google to pay for news
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s Google and Meta Platfor[...]
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Marketmind: China Politburo smoke signals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Interest rate decisions in Australia and India are the main set-piece events in Asia this week for inv[...]
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Archegos’ Bill Hwang says prosecutor misconduct justifies indictment’s dismissal
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang is seeking the dismissal of his U.S. fraud indictment over the collapse of his once-$36 billion Archegos Capital Management LP, saying prosecu[...]
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Renault and Nissan forgo Wednesday announcement of alliance deal – sources
By Maki Shiraki and Norihiko Shirouzu TOKYO (Reuters) -Renault SA and Nissan Motor Co are set to forgo a Wednesday announcement of a deal to restructure their automotive alliance as they struggle to b[...]
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Stocks regain some lost ground as investors interpret U.S. payrolls data
By Sinéad Carew NEW YORK (Reuters) – U.S. Treasury yields were lower and Wall Street’s benchmark S&P 500 ended down but well above the day’s lows on Friday as investors digested[...]
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GM, LG joint venture to invest $275 million in Tennessee battery cell plant
By David Shepardson WASHINGTON (Reuters) -General Motors Co and LG Energy Solution Ltd said Friday they are investing another $275 million in their Tennessee joint venture battery cell plant to increa[...]
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