11
June 7, 2023
South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says
SEOUL (Reuters) -South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015,…
Toshiba Board Recommends Shareholders Support JIP-led $14 Billion Buyout
TOKYO (Reuters) -Japan’s Toshiba Corp said on Thursday its board of directors has decided to recommend shareholders take up a…
Japan upgrades Q1 GDP as business spending picks up
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy grew more than initially thought in January-March, revised data showed on Thursday,…
House Republicans cancel vote to hold FBI director in contempt
(Reuters) – Republicans in the U.S. House of Representatives have abandoned plans for a vote on Thursday to hold FBI…
Bank of Korea: early policy shift may add pressure on local currency
SEOUL (Reuters) – South Korea’s central bank warned on Thursday that an early shift in its monetary policy stance could…
China’s Biggest State Banks Cut Deposit Rates
BEIJING (Reuters) -China’s biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could…
China’s biggest state banks cut deposit rates
BEIJING (Reuters) -China’s biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could…
StanChart trimming roles as part of cost cuts – Bloomberg News
(Reuters) -Standard Chartered is starting to lay off employees across Singapore, London, and Hong Kong hubs as part of an…
TikTok seeks up to $20 billion in e-commerce business this year – Bloomberg News
(Reuters) -ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as $20…
El Salvador slashes size of Congress ahead of elections
By Nelson Renteria SAN SALVADOR (Reuters) -El Salvador’s president signed into law an electoral reform on Wednesday that reduces the…