By Tom Westbrook SINGAPORE (Reuters) – Billionaire investor Bill Ackman said he’s betting the Hong Kong dollar will fall and…
Global regulators to target crypto platforms after FTX crash
By Huw Jones LONDON (Reuters) – The crash of FTX exchange has injected greater urgency into regulating the crypto sector…
Marketmind: COVID vs RRR
By Stella Qiu SYDNEY (Reuters) – A look at the day ahead in European and global markets from Stella Qiu:…
Colombian airlines Avianca, Viva appeal against merger denial
BOGOTA (Reuters) – Colombian airlines Avianca and Viva have appealed to the aviation regulator after it denied their plan to…
Japan Nov factory activity shrinks at quickest pace in 2 years
TOKYO (Reuters) – Japan’s manufacturing activity contracted at the fastest pace in two years in November as demand worsened due…
South Korea producer inflation hits 16-month low in Oct
SEOUL (Reuters) – South Korea’s annual producer inflation slowed for a fourth straight month in October to a 16-month low,…
China’s Country Garden gets new credit line of up to $7 billion – Securities Times
HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China…
Brazil’s Banco Safra buys Alfa financial conglomerate for $192 million
By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian bank Banco Safra acquired control of financial conglomerate Alfa for 1.03 billion…
Amazon UK adds e-cargo bikes, walkers in decarbonisation drive
LONDON (Reuters) – Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to…
Venezuela’s anti-inflation efforts dealt blow as currency tumbles
CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local…