SHANGHAI (Reuters) – China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening trend will…
SoftBank reports Q2 profit but announces more Vision Fund pain with FTX writedown
By Kiyoshi Takenaka TOKYO (Reuters) -Japan’s SoftBank Group Corp reported its first quarterly profit in three quarters, buoyed by paring…
India’s Sept industrial output rose 3.1% y/y – govt
NEW DELHI (Reuters) – India’s annual industrial output rose 3.1% year-on-year in September, government data showed on Friday. Analysts polled…
China proposes new rules on banking sector bankruptcy
BEIJING (Reuters) – China’s banking institutions could apply to a court to be declared bankrupt under rule amendments proposed by…
Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on…
Chinese refiners seek less Saudi crude as demand weak
By Muyu Xu SINGAPORE (Reuters) – Several Chinese refiners have asked Saudi Aramco to reduce December-loading crude oil volumes, two…
China supports central SOEs to issue tech innovation bonds
SHANGHAI (Reuters) – China’s securities regulator on Friday it will support bond issuance by central state-owned enterprises (SOEs) to fund…
Marketmind: Disinflation stations
A look at the day ahead in U.S. and global markets from Mike Dolan. As scrambling relief rallies go, that…
Thai central bank: baht strengthening in line with regional currencies
BANGKOK (Reuters) – The strengthening of Thailand’s baht was in line with regional currencies, the central bank said in a…
China sovereign fund CIC posts 14.27% overseas investment return in 2021
BEIJING/HONG KONG (Reuters) – The China Investment Corp (CIC) sovereign wealth fund booked a 14.27% net return on overseas investment…