TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from…
Taiwan to fine Foxconn for unauthorised China investment
TAIPEI (Reuters) -Taiwan’s government said on Saturday it would fine Foxconn, the world’s largest contract electronics maker, for an unauthorised…
Italian economy minister says ECB rates hikes worrying for Rome
By Angelo Amante and Giuseppe Fonte ROME (Reuters) -The prospect of subsequent hikes in interest rates by the European Central…
Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News…
Swiss central bank sees onus on Credit Suisse to execute revamp
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s…
China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media
SHANGHAI (Reuters) – China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy…
ZKB not poaching Credit Suisse clients – CEO in paper
ZURICH (Reuters) – Zuercher Kantonalbank is not trying to poach clients from embattled Credit Suisse, the state-backed cantonal bank’s chief…
Energy price fall by March is unrealistic, Italian economy minister says
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti said on Saturday it was unrealistic to expect energy prices to fall…
Japan govt to revise statement with BOJ to water down price target – Kyodo
TOKYO (Reuters) -Japan’s government is set to revise a decade-old joint statement with the Bank of Japan (BOJ) that commits…
China’s economic output to exceed 120 trln yuan in 2022 -party official
SHANGHAI (Reuters) – China’s economic output is likely to exceed 120 trillion yuan ($17.2 trillion) this year, state media quoted…