Deposit withdrawals at South Korea credit union have stabilised -ministry
SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised…
Asia
Audi in talks to buy Chinese automaker SAIC’s EV platform -sources
SHANGHAI (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the…
China’s export slide to steepen in June, imports seen down: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s export slump is expected to have accelerated in June, as sluggish overseas economies…
Hedge funds grow more cautious on crypto after turmoil
(This July 11 story has been corrected to add ‘CoinShares’ in paragraph 2 and ‘funds investing in crypto’ in paragraph…
Japan and NATO agree on new partnership programme at NATO Vilnius summit
By Sakura Murakami and Kentaro Sugiyama TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida said on Wednesday he welcomed that…
Exclusive-SoftBank considering US listing for its PayPay business – sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three…
Australia central bank chief has ‘open mind’ about future tightening
By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker said on Wednesday he is confident higher interest rates are working…
ASEAN ministers call for unity in tackling Myanmar conflict
By Kate Lamb and Stanley Widianto JAKARTA (Reuters) -ASEAN foreign ministers on Wednesday called for regional unity in addressing an…
No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks
By Byron Kaye SYDNEY (Reuters) -Two top Australian banks said the number of home loan customers missing repayments remained below…
Japan households’ inflation expectations rise, keep pressure on BOJ
By Leika Kihara TOKYO (Reuters) – Japanese households’ inflation expectations rose in the three months to June, a central bank…