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Asia

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TSMC founder: Globalisation in technology takes backseat to national priorities

The Cheap InvestorJuly 4, 2023July 4, 20230

By Sarah Wu TAIPEI (Reuters) – Globalisation is taking a backseat to priorities such as national security and technological leadership,…

  • Asia
  • Economy

Japan’s currency diplomat says Tokyo in constant FX dialogue with US

The Cheap InvestorJuly 4, 2023July 4, 20230

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan’s top financial diplomat Masato Kanda said on Tuesday authorities were in…

  • Asia
  • Business

Samsung Biologics unveils $920 million manufacturing deals for Pfizer

The Cheap InvestorJuly 4, 2023July 4, 20230

SEOUL (Reuters) – South Korea’s Samsung Biologics announced on Tuesday two deals with Pfizer worth around a combined 1.2 trillion…

  • Asia
  • Business

China to restrict exports of chipmaking materials as US mulls new curbs

The Cheap InvestorJuly 3, 2023July 3, 20230

BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced…

  • Asia
  • Economy

Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll

The Cheap InvestorJuly 3, 2023July 3, 20230

By Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday…

  • Asia
  • Business

Factbox-Japan’s toolkit to combat sharp yen declines

The Cheap InvestorJuly 3, 2023July 3, 20230

By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat the yen’s fresh declines driven by market…

  • Asia
  • Business

What would Japanese intervention to boost the weak yen look like?

The Cheap InvestorJuly 3, 2023July 3, 20230

By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat a continued yen fall driven by market…

  • Asia
  • Australia

Allegro says independent board to oversee PwC Australia’s government business

The Cheap InvestorJuly 3, 2023July 3, 20230

SYDNEY (Reuters) – Australian investment firm Allegro Funds said on Tuesday it would set up an independent board to oversee…

  • Asia
  • Australia

Australia’s Suncorp forecasts rise in FY24 natural hazard costs amid La Niña

The Cheap InvestorJuly 3, 2023July 3, 20230

(Reuters) -Australian general insurer Suncorp on Tuesday forecast a 12% jump in costs associated with catastrophe reinsurance premiums and natural…

  • Asia
  • Australia

Marketmind: Australia rate decision on a knife edge

The Cheap InvestorJuly 3, 2023July 3, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

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