By Scott Murdoch SYDNEY (Reuters) – Australia’s Westpac Banking Corp has mandated banks to work on two- and five-year U.S.…
Japan’s current account surplus falls the most since 2008
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s current account suffered the biggest year-on-year decline in the first half of this…
Cathay Pacific’s new chief Lam to spearhead COVID recovery, two-brand plan
By Jamie Freed (Reuters) -Long-serving executive Ronald Lam will take over as chief executive of Hong Kong’s Cathay Pacific Airways…
Marketmind: Bank man fried
A look at the day ahead in European and global markets from Tom Westbrook Six billion dollars of withdrawals in…
China’s factory gate prices suffer first drop since Dec 2020 as COVID curbs take toll
BEIJING (Reuters) – China’s factory gate prices for October dropped for the first time since December 2020, and consumer inflation…
South Korean battery makers flag supply chain worries amid U.S. EV tax credit reform
By Heekyong Yang and David Shepardson SEOUL/WASHINGTON (Reuters) – South Korean battery makers have urged the U.S. government to factor…
Twitter to introduce ‘Official’ label for some verified accounts
By Sheila Dang and Fanny Potkin (Reuters) -Billionaire Elon Musk’s social media platform Twitter will introduce an “Official” label for…
Australia’s lopsided swaps market creates pockets of pricing mayhem
By Tom Westbrook and Stella Qiu SINGAPORE/SYDNEY (Reuters) -Volatility has exploded in an obscure but important corner of Australia’s $113-billion-a-day…
Malaysia’s economy likely grew 11.7% in Q3, outlook cloudy- Reuters poll
By Anant Chandak BENGALURU (Reuters) – Malaysia’s economy grew in double digits for the first time in over a year…
Binance plans to buy rival FTX in bailout as crypto market crumbles
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy…