Chip Plants In China Won’t Be Forced To Shut If Firms Receive US Funding, Says S.Korea
SEOUL (Reuters) -South Korea’s trade ministry said on Wednesday that the United States’ proposed rules to prevent $52 billion in…
Asia Hopes For Best On Banks, Much Rests With Fed
By Wayne Cole SYDNEY (Reuters) – Asian shares staged a cautious bounce on Wednesday with hopes a global banking crisis…
TikTok CEO: App Has Never Shared US Data With Chinese Government
By David Shepardson WASHINGTON (Reuters) -TikTok’s chief executive will tell lawmakers the Chinese-owned short video app with more than 150…
Australia Could Reap $11.3 Billion From Battery Sector By 2030 – Accenture
MELBOURNE (Reuters) – Australia’s revenue potential from developing a battery industry has doubled to A$16.9 billion ($11.28 billion) by 2030…
Dollar Subdued Ahead Of Fed Rate Decision
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was pinned near five-week lows on Wednesday ahead of the conclusion of…
Asia Banks May Face Difficulty Bolstering Capital Via AT1s – Citi
HONG KONG (Reuters) – Asian lenders may find it difficult to replenish their capital by issuing Additional Tier-1 (AT1) bonds,…
TikTok CEO Says Company At ‘pivotal Moment’ As Some U.S. Lawmakers Seek Ban
By David Shepardson WASHINGTON (Reuters) -Chinese-owned short video app TikTok faces a “pivotal moment” as a growing number of U.S….
Nike Sneakers Fuel Sales Beat, Excess Apparel Stocks Still A Drag
By Ananya Mariam Rajesh (Reuters) -Nike raised its full-year revenue outlook on Tuesday after reporting quarterly results that beat estimates,…
US Judge Overturns $469 Million Verdict Against Dish Network Over Streaming Patents
By Blake Brittain (Reuters) -A Utah federal judge on Tuesday overturned a jury’s verdict that Dish Network LLC must pay…
Cryptoverse: Bitcoin passes the bank stress test
By Lisa Pauline Mattackal and Medha Singh (Reuters) – As crisis stalks the traditional world of stocks and bonds, bitcoin…