By Mei Mei Chu and A. Ananthalakshmi KUALA LUMPUR (Reuters) -Malaysia’s economic growth hit the lowest in nearly two years in the second quarter due to sliding exports and a global slowdown, prompting the central bank on Friday to warn that full-year growth will come in at the lower end of its previous forecast. The…
By Fabian Hamacher and Yimou Lee TAOYUAN, Taiwan (Reuters) -Taiwan Vice President William Lai returned on Friday from a sensitive visit to the United States, a trip China has condemned and which has brought warnings from Taiwanese officials it could prompt more Chinese military drills near the island. “Because of everyone’s hard work, Taiwan’s power…
By Katherine Masters, Amy Tennery and Helen Reid NEW YORK/LONDON (Reuters) -When England and Spain face off in Sunday’s Women’s World Cup final, there will be more than sporting pride at stake. A potential multimillion dollar sales boost is also on the table for the winning team’s sponsor – Nike, or Adidas. Sports sponsorship is…
A look at the day ahead in European and global markets from Kevin Buckland China continues to set the mood for markets, and the tone is unswervingly sombre. Property boom poster child China Evergrande has filed for Chapter 15 protection in a U.S. bankruptcy court, putting an exclamation point on a torrid week for the…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s core consumer prices slowed in July, supporting expectations the Bank of Japan (BOJ) will be in no rush to phase out monetary easing, even as inflation remains stubbornly above the central bank’s target. The 3.1% rise in the core consumer price index (CPI), which includes oil products but excludes…
LOS ANGELES (Reuters) -Sam Asghari, the husband of pop superstar Britney Spears, is seeking to divorce the singer he married last year after she was released from a legal conservatorship. The 29-year-old Asghari cited “irreconcilable differences” in a filing in Los Angeles Superior Court on Wednesday. He is seeking spousal support and payment of legal…
By Lewis Jackson and Rishav Chatterjee SYDNEY (Reuters) – Australian real estate firm Dexus said on Friday it had sold an office building in downtown Sydney, with the buyer receiving a 16% discount on a 2022 valuation as higher interest rates and home working crunch prices for office space. Reuters reported on Wednesday that the…
By Ben Klayman (Reuters) -Vietnamese electric-vehicle maker VinFast, which made a splash this week when its shares debuted on the Nasdaq, has stirred a mix of caution and interest among dealers with a recent change in how it will distribute its cars in the U.S. market. The carmaker, which has shipped nearly 3,000 vehicles to…
(Reuters) -The main grid operator in Texas said on Thursday it had engaged its emergency system after electricity reserves dropped below the critical 3,000 MW level due to increased power usage amid a heatwave. The Electric Reliability Council Of Texas (ERCOT), which operates the grid for more than 26 million customers which use about 90%…
By Alexandra Valencia QUITO (Reuters) – Candidates vying to be Ecuador’s next president held closing campaign events on Thursday, ahead of voting over the weekend in a contest clouded by the murder of anti-corruption candidate Fernando Villavicencio. More than 13 million Ecuadoreans are eligible to head to polls on Sunday to elect a replacement for…
