Explainer-China’s politburo meeting leaves many economic headaches unaddressed
HONG KONG (Reuters) – China’s leadership pledged at a key Communist Party meeting this week to support the economy through…
2023
Japan says sees pick up in business sentiment for the first time in 7 months
TOKYO (Reuters) – Business sentiment in Japan is picking up in July on easing supply constraints and the removal of…
Alibaba’s cloud unit brings Meta’s AI model Llama to its clients
HONG KONG (Reuters) – Alibaba’s cloud computing division said it has become the first Chinese enterprise to support Meta’s open-source…
Analysis-Dollar’s decline throws spotlight on battered commodity currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some investors are zeroing in on the battered currencies of commodity-producing countries…
Analysis-Dollar slump, overcrowding complicate popular FX carry trade
By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – A slide in the dollar and signs that volatility…
Analysis-German industry changes tack as river Rhine runs drier
By Christoph Steitz and Vincent Flasseur FRANKFURT/LONDON (Reuters) – German industry is finding new ways to transport cargoes from coal…
Blinken criticises China’s ‘problematic behaviour’ during visit to Tonga
By Lucy Craymer WELLINGTON (Reuters) -U.S. Secretary of State Antony Blinken warned of China’s “problematic behaviour” during a visit to…
Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News
(Reuters) -Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related…
SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix said on Wednesday the memory chip market was…
IMF urges BOJ to move away from yield control, prepare for future tightening
By Leika Kihara and Andrea Shalal TOKYO/WASHINGTON (Reuters) -The Bank of Japan should start preparing for future monetary tightening by…