Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
SYDNEY (Reuters) - New Zealand's new government will introduce legislation to reform the Reserve Bank of New Zealand's mandate and lift a ban on the sale of cigarettes to future generations within its...
Nov 28, 2023
Factbox-Rakuten Group’s losses, debt burden and financing efforts
By Anton Bridge TOKYO (Reuters) - Rakuten Group is a Japanese conglomerate centred on an e-commerce website - Rakuten Ichiba - and a suite of online financial services companies including banking, cre...
Nov 28, 2023
Analysis-Rakuten’s mobile misadventure: from ambitious plan to millstone
By Anton Bridge TOKYO (Reuters) - When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. It's d...
Nov 28, 2023
Japan’s Nomura to reduce risk assets for wholesale business
TOKYO (Reuters) - Nomura Holdings said on Wednesday it would reduce risk weighted assets by up to 6% for its struggling wholesale business as the top Japanese investment bank scrambles to shore up its...
Nov 28, 2023
Bonds cheer Fed talk of cuts; kiwi flies
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks briefly made one-week highs on Wednesday, bonds rallied and the dollar sank on new hints at U.S. interest rate cuts, while the New Zealand dollar ju...
Nov 28, 2023
Analysis-As global rates turn, banks in India and Indonesia set to win
By Ankur Banerjee SINGAPORE (Reuters) - As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the...
Nov 28, 2023
Vietnam’s year-to-date exports down 6.4%, Nov industrial output up 5.8%
HANOI (Reuters) - Vietnam's exports in the year to November 15 fell 6.4% from a year earlier to $306 billion, government data released on Wednesday showed. Its industrial output in November rose 5.8% ...
Nov 28, 2023
BOJ’s Adachi says premature to debate exit from ultra-easy policy
By Leika Kihara TOKYO (Reuters) - Bank of Japan board member Seiji Adachi said on Wednesday the country's economy had yet to reach a stage where the central bank could debate an exit from ultra-easy m...
Nov 28, 2023
Virgin Atlantic jet lands after maiden transatlantic flight on low-carbon fuel
By Sarah Young and Joanna Plucinska LONDON (Reuters) -A Virgin Atlantic passenger jet powered by 100% sustainable aviation fuel (SAF) completed a London-to-New York jaunt on Tuesday, showcasing the po...
Nov 28, 2023
Oil prices rise after storm disrupts Kazakh, Russian exports
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Wednesday as a storm in the Black Sea region disrupted oil exports from Kazakhstan and Russia, raising fears of supply tightness, while investors ...
Nov 28, 2023
