Author Archives: Syndicated Content
Exclusive-China’s Kaisa pressured by local government to repay wealth product investors – sources
By Julie Zhu and Clare Jim HONG KONG (Reuters) - Under pressure from authorities, Chinese property firm Kaisa Group Holdings Ltd is working furiously to come up with a feasible plan to repay wealth pr...
Jan 07, 2022
Investors shun U.S. Treasuries, stockpile cash – BOFA
LONDON (Reuters) - Investors have stormed out of U.S. Treasuries and pumped money into cash and bank loans since the start of the year as global markets have braced for higher interest rates, BofA's w...
Jan 07, 2022
Daimler’s Mercedes-Benz sees 5% sales drop in 2021
BERLIN (Reuters) - Daimler's Mercedes-Benz sold 2.05 million vehicles in 2021, the company said on Friday, losing its crown for the first time in five years as the premium carmaker with the most vehic...
Jan 07, 2022
Take Five: Earnings, yields and COVID-19
It didn't take long for speedbumps to appear as markets rev up for 2022. Rising U.S. Treasury yields, sparked by growing speculation the Federal Reserve could start its rate hike cycle as early as Mar...
Jan 07, 2022
China to launch market-making on STAR Market
SHANGHAI (Reuters) -China's securities regulator said on Friday it will pilot market-making on Shanghai's Nasdaq-style STAR Market in a bid to deepen reforms and improve liquidity. Qualified brokerage...
Jan 07, 2022
Japan’s JERA to develop ammonia-related tech with green fund backing
TOKYO (Reuters) - Japan's biggest power generator JERA said it would spend 69.2 billion yen ($597 million) on the development of ammonia-related technology, with nearly 70% covered by the government's...
Jan 07, 2022
Danish frigate releases suspect Gulf of Guinea pirates in dinghy
COPENHAGEN (Reuters) - The Danish navy has released three suspected Nigerian pirates who were picked up by a frigate in the Gulf of Guinea in November after it failed to find a country in the region t...
Jan 07, 2022
Euro zone businesses pare back price expectations for first time in over a year
FRANKFURT (Reuters) - Euro zone entrepreneurs pared back their expectations for price rises for the first time in more than a year last month, data showed on Friday, in what could be an early sign tha...
Jan 07, 2022
Ten Hong Kong officials among dozens sent to quarantine after party
HONG KONG (Reuters) - Ten Hong Kong government officials, including the heads of home affairs and immigration, were among more than 100 people sent into quarantine after attending a banquet where two ...
Jan 07, 2022
Omicron spike in most vaccinated German state heralds nationwide surge
By Riham Alkousaa BERLIN (Reuters) - The northern German maritime state of Bremen has the country's highest COVID-19 vaccination rate by far, but it has become the hardest-hit by the rapid spread of t...
Jan 07, 2022
