(Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to…
TikTok-owner ByteDance cuts hundreds of jobs in China – SCMP
(Reuters) – ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments…
Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November,…
SpaceX to raise $750 million at $137 billion valuation – CNBC
(Reuters) – Elon Musk’s SpaceX is raising $750 million in a new round of funding that values the rocket and…
Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters.…
Spain’s December jobless falls to 15-year low
(Reuters) -The number of people registering as jobless in Spain fell slightly in December from a month earlier, ending 2022…
China’s holiday home sales rise 27.1% y/y – private survey
BEIJING (Reuters) – Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec.…
Indonesia’s 2022 unaudited budget deficit at 2.38% of GDP -Finance Minister
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia recorded a 464.3 trillion rupiah ($29.77 billion)fiscal deficit in 2022,…
China securities regulator to check brokers’ financing needs after Huatai share plan
SHANGHAI (Reuters) -China’s securities regulator said it would fully check securities firms’ financing needs after Huatai Securities Co Ltd proposed…
Tender sale of Evergrande’s Hong Kong headquarters fails again -sources
By Clare Jim HONG KONG (Reuters) – A tender for the sale of embattled China Evergrande Group’s headquarters in Hong…