Author Archives: Syndicated Content
Central bank digital currencies can slash cross border payment time – BIS
By Alun John HONG KONG (Reuters) - Central bank digital currencies (CBDCs) can slash the time needed for cross border payments to seconds from days and cut costs, the Bank of International Settlements...
Sep 28, 2021
California to require garment industry to pay hourly wages to workers
(Reuters) - California Governor Gavin Newsom signed a bill on Monday that will ensure thousands of workers in the garment industry are paid a minimum wage by the hour instead of a piece-rate compensat...
Sep 28, 2021
Planemaker COMAC expects China’s share of global passenger fleet to rise
ZHUHAI, China (Reuters) - Chinese planemaker Commercial Aircraft Corp of China (COMAC) said on Tuesday it expected China's share of the global passenger aircraft fleet would rise to 22% by 2040 from 2...
Sep 28, 2021
ASMI expects next-gen chips to drive double-digit growth in core markets
(Reuters) -Dutch semiconductor supplier ASM International said on Tuesday it expects its gross margins to be 46%-50% between 2021 and 2025 on the back of its next-generation chips. ASMI also raised it...
Sep 28, 2021
Thai industry group scales down tourism forecast, says 3 million jobs lost
BANGKOK (Reuters) - Foreign visitors in Thailand are expected at about 280,000 this year, down from half million projected earlier, a private tourism group said on Tuesday, as the country suffers a pr...
Sep 28, 2021
New Zealand seeks to cool scorching housing market with new law
SYDNEY (Reuters) - New Zealand moved on Tuesday to cool its red-hot housing market by introducing rules designed to make property speculation less appealing and improve record low housing affordabilit...
Sep 28, 2021
Hong Kong home prices revised to record high in July, edge lower in Aug
HONG KONG (Reuters) - Hong Kong private home prices hit a record high in July, according to revised data, before dropping a tad in August, suggesting one of the world's most expensive property markets...
Sep 28, 2021
Tennis-Greek Sakkari boosts chances of making WTA Finals cut
(Reuters) - Greek Maria Sakkari has climbed to fifth spot in the race to qualify for the season-ending WTA Finals in Mexico on the back of her consistent results, the women's tour has said. The 26-yea...
Sep 28, 2021
Explosion hits building in Sweden’s Gothenburg, 25 in hospital – SR radio
STOCKHOLM (Reuters) -About 25 people were taken to hospital after an explosion hit a residential building in the Swedish city of Gothenburg early on Tuesday, public service radio SR reported. Police s...
Sep 28, 2021
Sanofi ditches mRNA COVID-19 vaccine amid rivals’ success
PARIS (Reuters) -Sanofi is dropping plans for its own mRNA-based COVID-19 vaccine because of the dominant role of the BioNTech-Pfizer alliance as well as Moderna in the fight against the pandemic, the...
Sep 28, 2021
