‘Netflix Effect’ lifts Korean content but market control worries grow
By Hyunsu Yim SEOUL (Reuters) – When Netflix co-CEO Ted Sarandos visits South Korea this week he will find an…
Business
Bank Indonesia to hold key rate at 5.75% for rest of year – Reuters poll
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% for a…
China cuts lending benchmarks to revive slowing demand
SHANGHAI/SINGAPORE (Reuters) – China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities…
Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to…
Japan Finance Minister says no change in FX policy after US report
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s currency policy won’t immediately change after the United States removed the country from its…
Australia’s central bank hiked rates for fear inflation was becoming entrenched
SYDNEY, June 20 (Reuters) – Australia’s central bank’s decision to hike interest rates in June was “finely balanced” but judged…
New Zealand to investigate profitability, competition at banks
SYDNEY (Reuters) – New Zealand said on Tuesday it would examine the profitability of the country’s banks and investigate whether…
Exclusive-Civitas Resources nears $5 billion deal to expand into Permian-sources
By David French (Reuters) – Civitas Resources Inc is nearing a deal to acquire oil and gas operations in the…
‘Great Resignation’ continues as quarter of workers look to change jobs – PwC
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next…
Bankers see stable interest rates reviving Asia’s capital markets in second half
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally…