By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s VTB bank’s losses last year were due entirely to sanctions,…
Thai central bank to help vulnerable debtors as rates rise
BANGKOK (Reuters) – Thailand’s central bank will support vulnerable debtors from the impacts of rising interest rates, a deputy governor…
China’s luxury market shrank 10% in 2022 – Bain
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China’s luxury market contracted 10% in 2022 on the year, snapping…
Taiwan Jan exports down for 5th month, China shipments slump
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s exports fell for a fifth straight month in January due…
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the…
Nintendo promises 10% pay hike even as it trims profit outlook
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers’ base pay by…
Barrick rules out rival bid for Australia’s Newcrest – Bloomberg
MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive…
ANZ to raise home loan rate by 25 bps, matching central bank move
(Reuters) – Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates…
Thai shippers retain export growth outlook of 1-2% this year
BANGKOK (Reuters) – Thailand’s exports are likely to grow 1% to 2% this year, unchanged from a previous forecast, due…
Japan confirms record interventions to support yen
By Tetsushi Kajimoto TOKYO (Reuters) – Japan confirmed on Tuesday that it made record interventions in the foreign exchange market…