By Kevin Buckland TOKYO (Reuters) – European stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reac[...]
Read more
Asia
Hyundai Motor and SK On to build $1.9 billion JV battery plant in U.S. -report
SEOUL (Reuters) – South Korea’s Hyundai Motor Co and SK On plan to invest about 2.5 trillion won ($1.88 billion) to build a new joint venture battery factory in the United States, the Kore[...]
Read more
BOJ’s Kuroda gets meagre pay bump even as he stresses need for higher wages
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda will receive a meagre 0.4% pay rise in 2022 after two years of cuts, the central bank said on Friday, even as he has stressed the need fo[...]
Read more
Exclusive-China central bank to offer cheap loans to support developers’ bonds-sources
By Julie Zhu and Engen Tham HONG KONG/SHANGHAI (Reuters) -China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct k[...]
Read more
Russian rouble edges up in narrow trading range vs dollar
MOSCOW (Reuters) – The Russian rouble strengthened on Friday, trading in a narrow range between 60 and 61 to the dollar as it has for much of the week, supported by exporters buying roubles to c[...]
Read more
Marketmind: Hangover
A look at the day ahead in European and global markets from Tom Westbrook Treasuries emerged from Thanksgiving in fine fettle, but other assets were a little slower off the mark in Asia, with traders[...]
Read more
Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a p[...]
Read more
Singapore financial vulnerability climbs, but still resilient to shocks – MAS
By Xinghui Kok SINGAPORE (Reuters) – Singaporean households, corporates and banks have seen an increase in financial vulnerability this year, the city-state’s central bank said on Friday,[...]
Read more
UAE’s deal-hungry IHC plans health and IT business IPOs
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) -International Holding Company plans to sell 20% of its technology unit in an initial public offering next year, its CEO told Reuters, adding that t[...]
Read more