Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including…
Asia
South Korean household borrowing climbs in May, biggest rise in 19 months
SEOUL (Reuters) – Borrowing by South Korean households grew in May, marking the biggest increase in 19 months, as demand…
China to build spy base in Cuba, WSJ says; US and Cuba cast doubt on report
By Matt Spetalnick and Dave Sherwood WASHINGTON/HAVANA (Reuters) -China has reached a secret deal with Cuba to establish an electronic…
Commonwealth Bank of Australia puts odds of Australian recession in 2023 at 50%
SYDNEY (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, on Friday put the odds of a recession in…
Trauma of Japan’s deflation battle keeps BOJ wary of policy shift
By Leika Kihara TOKYO (Reuters) -Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s…
Taiwan’s Acer ships computer hardware to Russia after saying it would suspend business -data
By Filipp Lebedev and Gleb Stolyarov (Reuters) -Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware…
Marketmind: China inflation could spoil the weekend party
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar…
Chinese regulators try to assure sceptical foreign financiers
By Jason Xue and Joe Cash SHANGHAI/BEIJING (Reuters) – China is open for investment, the country’s top financial regulators told…
Two senators propose to bar US FAA from using Chinese drones
By David Shepardson WASHINGTON (Reuters) – Two U.S. senators said on Thursday they had proposed barring the Federal Aviation Administration…
Shares rise, Treasury yields fall as US jobless claims surge
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks rose on Thursday and Treasury yields edged…