AsiaBusiness 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,…
AsiaEconomy 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…
AsiaBusiness 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…
AsiaBusiness 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…
AsiaEconomy 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…
AsiaBusiness 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…
AsiaBusiness 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…
AsiaAustralia 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…
AsiaAustralia 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…
AsiaAustralia 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….