AsiaBusiness China property liquidation risk heightened by delisting threat, says S&P The Cheap InvestorJune 7, 2023June 7, 20230 HONG KONG (Reuters) – Some of China’s distressed property developers face the risk of being delisted, which would reduce their…
AsiaBusiness Realtek sues semiconductor rival MediaTek over patent ‘bounty’ agreement The Cheap InvestorJune 7, 2023June 7, 20230 By Blake Brittain (Reuters) -Realtek Semiconductor Corp sued rival Taiwanese chipmaker MediaTek Inc in Northern California federal court on Tuesday,…
AsiaAustralia Hillhouse offers Australia concessions to win approval for medical researcher buy The Cheap InvestorJune 7, 20230 By Scott Murdoch and Kane Wu SYDNEY/HONG KONG (Reuters) – Private equity firm Hillhouse Capital Group has offered to make…
BusinessEconomy Danske Bank raises profit goal, puts Norway retail unit up for sale The Cheap InvestorJune 7, 2023June 7, 20230 By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danske Bank on Wednesday raised its long-term earnings target and said it plans to divest…
BusinessEconomy UK’s payments regulator lays down mandatory reimbursements in APP fraud victims The Cheap InvestorJune 7, 2023June 7, 20230 (Reuters) -Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to…
BusinessEconomy Russia’s VTB to raise $1.2 billion from SPO in capital top-up The Cheap InvestorJune 7, 2023June 7, 20230 By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in…
BusinessCanada Fall business travel international flight bookings near 2019 levels -ForwardKeys The Cheap InvestorJune 7, 2023June 7, 20230 By Allison Lampert and Doyinsola Oladipo (Reuters) – Flight bookings for international business travel this fall are nearing 2019 levels,…
BusinessEconomy ECB rate hikes make take longer than usual to feed through: Schnabel The Cheap InvestorJune 7, 2023June 7, 20230 FRANKFURT (Reuters) – European Central Bank interest rate hikes could take longer than usual to pass through to the real…
AsiaBusiness Goldman Sachs to start trading Japan power futures – sources The Cheap InvestorJune 7, 2023June 7, 20230 TOKYO (Reuters) -Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people…
BusinessEconomy France’s Atos sees sales at loss-making unit bottoming out in 2024 The Cheap InvestorJune 7, 2023June 7, 20230 By Mathieu Rosemain PARIS (Reuters) -Atos, the struggling French IT consulting firm planning to split into two listed entities, said…