Wealth Growth Daily

Asia

Bourse operator ASX flags $172 million hit from clearing software replacement halt

BY Reuters  • November 16, 2022November 17, 2022
(Reuters) -Australian bourse operator ASX Ltd said on Thursday it would take a pretax charge of up to A$255 million ($172 million) in the first half as it derecognises the software being developed to[...]
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Asia Australia Business Updated

UK banks say consumer safeguard could backfire in cost of living crisis

BY Reuters  • November 16, 2022November 16, 2022
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but implementing a new “consumer duty” on time could exclude[...]
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Asia Business Economy Europe Top News UK US

Marketmind: Your Daly reminder – don’t fight the Fed

BY Reuters  • November 16, 2022November 16, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The battle lines between stock markets and the Fed are clearly drawn, and worryingly for investors sti[...]
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Asia Business Economy Top News US

AMD chip to power auto supplier Aisin’s new automated car parking system

BY Reuters  • November 16, 2022November 16, 2022
By Jane Lanhee Lee and Paul Lienert OAKLAND Calif/DETROIT (Reuters) – U.S. chip design firm  Advanced Micro Devices Inc on Wednesday said Japan’s major automotive supply company Aisin Corp has c[...]
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Asia Business Technology Updated US

Reason to be ‘cautiously optimistic’ on renewal of Ukraine grain deal -U.N. source

BY Reuters  • November 16, 2022November 16, 2022
(Reuters) – A United Nations source on Wednesday said they have reasons to be “cautiously optimistic” on the renewal of the Black Sea grains initiative, which is set to roll over on[...]
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Asia Business Europe Politics

U.S. watchdog gained “good access” to audits of Chinese firms -sources

BY Reuters  • November 16, 2022November 16, 2022
By Xie Yu, Chris Prentice and Julie Zhu HONG KONG/WASHINGTON (Reuters) – U.S. regulators gained “good access” in their review of auditing work done on New York-listed Chinese firms d[...]
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Asia Business Economy Technology Updated US

Chinese authorities call on retired soldiers to help Foxconn iPhone plant -SSN

BY Reuters  • November 16, 2022November 16, 2022
SHANGHAI (Reuters) – Local authorities in China’s Henan province are urging retired soldiers and government workers to take on stints at Foxconn’s iPhone factory in Zhengzhou, the of[...]
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Asia Business Economy Technology US

Mercedes cuts some China electric car prices, shaking shares

BY Reuters  • November 16, 2022November 16, 2022
BEIJING/FRANKFURT (Reuters) -Mercedes-Benz said it had cut prices on some of its EQE and EQS models in China due to changing market demand for top-end electric vehicles (EVs), triggering a 6.7% fall i[...]
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Asia Business Europe Technology Updated US

IMF’s Georgieva says Biden-Xi meeting ‘constructive’ signal for trade

BY Reuters  • November 16, 2022November 16, 2022
By David Lawder NUSA DUA, Indonesia (Reuters) – President Joe Biden’s meeting with Chinese President Xi Jinping was a “very constructive” signal that may ease trade tensions be[...]
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Asia Business Economy Politics US
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