By Eva Mathews, Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. companies from tech giants Alphabet and Microsoft to GE…
Crypto industry disappointed as Australia looks to enshrine tax rules
By Praveen Menon and Byron Kaye SYDNEY (Reuters) – The cryptocurrency industry said on Wednesday it was disappointed with Australia’s…
Singapore central bank proposes measures on crypto trading, stablecoin
By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading…
Marketmind: Dancing in the dark
A look at the day ahead in European and global markets from Vidya Ranganathan The Federal Reserve’s blackout period has…
In ‘unprecedented’ global chip slump, SK Hynix to halve investment as recession looms
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration”…
Moody’s cuts Fosun International’s credit rating, raises concerns over asset sales
By Roxanne Liu and Kane Wu BEIJING/HONG KONG (Reuters) -Global credit rating agency Moody’s downgraded Fosun International Ltd by one…
World Bank warns Solomon Islands of unsustainable debt without reform
By Lucy Craymer WELLINGTON (Reuters) – The Solomon Islands will need to implement fiscal reforms such as alterations to its…
Australian regulator appeals dismissal of petition against CBA, unit by court
(Reuters) – Australia’s corporate regulator said it had appealed the Federal Court’s decision to dismiss its petition against the Commonwealth…
BOJ ramps up bond buying ahead of policy meet, yields fall sharply
By Junko Fujita TOKYO (Reuters) -The Bank of Japan increased the amount of bonds it was planning to buy in…
Chinese state banks sold dollars to support yuan late on Tuesday – sources
SHANGHAI/BEIJING (Reuters) – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on…