Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Indonesia relaxes tax rules on EV imports to attract investment
JAKARTA (Reuters) - Indonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, a new presidential regulation show...
Dec 13, 2023
Explainer-What would a Woodside and Santos merger look like?
By Emily Chow SINGAPORE (Reuters) - Australian energy companies Woodside and Santos announced on Dec. 7 they are in preliminary talks to merge, a tie-up that would come amid a wave of consolidation in...
Dec 12, 2023
New Zealand passes law returning central bank to single inflation mandate
WELLINGTON (Reuters) - New Zealand on Wednesday passed legislation returning the central bank's mandate to a sole focus on inflation, removing the need to take employment into account when making mone...
Dec 12, 2023
China should set appropriate fiscal deficit in 2024 -senior party official
BEIJING (Reuters) - China should set its 2024 fiscal deficit and special local government bonds at appropriate levels and optimise the structure of fiscal expenditure, a senior Communist Party officia...
Dec 12, 2023
Thai inflation to gradually speed up to within targeted range -central bank
BANGKOK (Reuters) -Thailand's inflation is forecast to gradually speed up to within the targeted range of 1% to 3%, the Bank of Thailand said on Wednesday, with the rate expected to be low into early ...
Dec 12, 2023
Musk’s SpaceX value jumps closer to $180 billion in tender offer – Bloomberg News
(Reuters) - Elon Musk's SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of the space and satellite company closer to $180 billion, Bloomberg New...
Dec 12, 2023
Asian stocks mixed ahead of Fed decision; oil prices slump
By Rae Wee SINGAPORE (Reuters) - Asian shares were mixed on Wednesday, while oil prices slid to six-month lows as traders waited for the year's final policy decision from the Federal Reserve and clues...
Dec 12, 2023
Oil holds soft tone on oversupply concerns, markets await Fed
By Colleen Howe BEIJING (Reuters) - Oil prices consolidated losses on Wednesday in Asian trade, after falling by more than 3% to six-month lows in the previous session on oversupply and demand concern...
Dec 12, 2023
Royal Golden Eagle, Asia Pulp & Paper in final race for Essity’s Vinda stake -sources
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) -Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as final bidders for Swedish tissue m...
Dec 12, 2023
China venture capital, private equity funds rattled by proposed changes
By Samuel Shen and Kane Wu SHANGHAI/HONG KONG (Reuters) -China's proposal to drastically raise the bar for investing in private equity (PE) and venture capital (VC) funds is facing backlash from indus...
Dec 12, 2023
