Military-led Myanmar seeks to reassure foreign investors
BANGKOK (AP) — Myanmar officials sought Thursday to counter worries over sanctions, energy shortages and currency controls that are adding…
2022
Asia FX Bearish Bets Firm As Cenbanks Catch-up To Fed Tightening- Reuters Poll
By Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several…
Goldman Sachs Flagged Morgan Stanley Block Trades To Hong Kong Regulator – FT
(Reuters) – Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong’s financial regulator over a series of…
Weak Won Fuels Hyundai Motor Q1 Profit, Offsets Chip Shortage, Costs
By Heekyong Yang SEOUL (Reuters) – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks…
IMF Chief Warns Of Risks From A Prolonged China Slowdown
BOAO, China (Reuters) – A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said…
IMF Says Yen Falls Driven By Fundamentals, Urges BOJ To Keep Easy Policy
By Leika Kihara TOKYO (Reuters) -The yen’s recent declines have been driven by fundamentals and would be no reason for…
Most Asian Indexes Gain Ground On U.S. Yield Drop, But Chinese Stocks Fall
By Alun John HONG KONG (Reuters) – Mainland China and Hong Kong stocks fell on Thursday, hurt by worries about…
Musk’s Boring Company Valued At $5.6 Billion After Latest Funding Round
(Reuters) – Elon Musk’s The Boring Company has raised $675 million in Series C funding round, which now values the…
Ackman Gives Up On Netflix, Taking $400 Million Loss As Shares Tumble
By Svea Herbst-Bayliss (Reuters) – Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in…
Yoshinoya beef bowl chain executive fired over sexist remark
TOKYO (AP) — A popular Japanese beef bowl chain, Yoshinoya Holdings Co., has fired an executive over sexist remarks he…