Author Archives: Syndicated Content
China creates $230 billion brokerage powerhouse as consolidation gathers pace
HONG KONG (Reuters) - The merger of two state-backed brokerages in China to create a sector leader with $230 billion in assets is part of Beijing's drive to consolidate the $1.7-trillion industry amid...
Sep 06, 2024
Japanese cars, beer gain ground in S.Korea as relations thaw
By Hyunjoo Jin SEOUL (Reuters) - Japanese products, from cars to beer, whisky and clothes, have been rising in popularity in South Korea, rebounding from consumer boycotts in 2019 on the back of impro...
Sep 06, 2024
Factbox-How Wall Street firms see US jobless rate shaping Fed rate cut
(Reuters) - The Federal Reserve is widely expected to cut borrowing costs at its upcoming meeting Sept. 17-18 and the strength of the job market is likely to be a deciding factor on whether it deliver...
Sep 06, 2024
Explainer-Why is Japan reviving debate on higher tax on investment income?
By Makiko Yamazaki TOKYO (Reuters) - Japan's ruling party leadership race has revived debate on raising the country's tax on income from investments, a policy once shelved by the outgoing prime minist...
Sep 06, 2024
Japan's top business lobby on alert over US review of Nippon's bid for US Steel
TOKYO (Reuters) - Japanese companies, especially those considering investing in the U.S., are closely watching Washington's review of Nippon Steel's proposed $15 billion acquisition of U.S. Steel, Jap...
Sep 06, 2024
Morning Bid: All about them payrolls
A look at the day ahead in European and global markets from Stella Qiu Whatever Friday's U.S. payrolls report says, it's going to move things. Such is the power that the August non-farm payrolls data ...
Sep 06, 2024
Japan's revised GDP likely rose in Q2 at same pace as initial estimate: Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) - The Japanese economy likely expanded during the April-June quarter at roughly the same solid pace as initially predicted, a Reuters poll showed on Friday, althoug...
Sep 06, 2024
Hanging in the balance: Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) - The European Central Bank looks all but certain to cut rates again on Thursday, yet the outlook after that is less clear. Dovish and hawkish policymake...
Sep 06, 2024
China's ex-central bank governor urges efforts to fight deflationary pressure
By Li Gu and Casey Hall SHANGHAI (Reuters) - China's former central bank governor Yi Gang said on Friday the country should focus on fighting deflationary pressure as the world's second-biggest econom...
Sep 06, 2024
Toyota to cut 2026 global EV production by a around third to 1 million, Nikkei reports
TOKYO (Reuters) - Toyota Motor will cut its 2026 global EV production to around 1 million vehicles, down from a previously announced sales plan of 1.5 million, the Nikkei business daily reported on Fr...
Sep 06, 2024
