Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Foreign funds accelerated China equity sell-off in December -Morgan Stanley
By Summer Zhen HONG KONG (Reuters) - Global long-only funds offloaded China equities at the fastest pace of 2023 in December as they rushed to meet redemption requests and to diversify away from the w...
Syndicated Content Jan 03, 2024
Ryanair says online travel agents remove flights, sees no impact on profit
DUBLIN (Reuters) - Ryanair said on Wednesday that a number of online travel agents including Booking.com, Kiwi and Kayak had stopped selling Ryanair flights in early December following legal and regul...
Syndicated Content Jan 03, 2024
Exclusive-China’s top banks tighten exposure to smaller peers to curb credit risk, sources say
(Reuters) - Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk a...
Syndicated Content Jan 03, 2024
Hyundai Motor sets 2024 global sales target of 4.24 million vehicles
SEOUL (Reuters) - South Korea's Hyundai Motor Co said on Wednesday it has set its 2024 global sales target at 4.24 million vehicles, down about 2% from its 2023 target of 4.32 million vehicles. (Repor...
Syndicated Content Jan 03, 2024
China money managers rush to create funds tracking new A50 index
SHANGHAI (Reuters) - Chinese money managers are rushing to create funds tracking the newly-launched CSI A50 Index, which analysts say is a better reflection of China's economic landscape and governmen...
Syndicated Content Jan 03, 2024
Marketmind: Risk rally hits reality check
A look at the day ahead in European and global markets from Ankur Banerjee. The risk rally that has been raging since the Federal Reserve's dovish tilt in December is pausing for breath as 2024 awakes...
Syndicated Content Jan 03, 2024
China’s BYD to give dealers 2 billion yuan for hitting sales target -sources
SHANGHAI (Reuters) - BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its Chinese dealers, according...
Syndicated Content Jan 03, 2024
Fisher Investments and Advent say not in deal talks
(Reuters) - Fisher Investments and Advent International on Tuesday said they were not in deal talks, after the Wall Street Journal said that Ken Fisher's money management company was in talks to be ac...
Syndicated Content Jan 02, 2024
Oil prices rise on sustained Red Sea shipping tensions
By Laura Sanicola (Reuters) - Oil prices rose slightly in early Asian trade on Wednesday amid continued concerns around shipping disruptions in the Red Sea and escalating tension in the Middle East. B...
Syndicated Content Jan 02, 2024
Asian shares extend global sell-off, dollar holds gains
By Stella Qiu SYDNEY (Reuters) - Asian shares extended a global sell-off on Wednesday while the dollar held gains as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of t...
Syndicated Content Jan 02, 2024
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