Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News
(Reuters) -Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related…
Uncategorized
SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix said on Wednesday the memory chip market was…
IMF urges BOJ to move away from yield control, prepare for future tightening
By Leika Kihara and Andrea Shalal TOKYO/WASHINGTON (Reuters) -The Bank of Japan should start preparing for future monetary tightening by…
Myanmar military may move Suu Kyi to house arrest – media
(Reuters) – Myanmar’s military government may move ousted leader Aung San Suu Kyi from prison to house arrest in the…
Harvard faces federal civil rights probe over legacy admissions
By Julia Harte and Nate Raymond (Reuters) -The U.S. Department of Education is investigating whether Harvard racially discriminates by favoring…
South Korea to ease loan curbs for some homeowners paying ‘jeonse’ deposits
SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a…
Analysis-China policy reform to end losses for city-gas firms on household sales
By Chen Aizhu, Emily Chow and Andrew Hayley SINGAPORE/BEIJING (Reuters) – Policy reform in China will boost profit for city-gas…
US senators express bipartisan alarm about AI, focusing on biological attack
WASHINGTON (Reuters) – Both Democratic and Republican senators expressed alarm on Tuesday about the potential for a malevolent use of…
China regulator, after Politburo meet, vows more capital market reforms
BEIJING (Reuters) -China’s securities regulator promised to deepen reforms in its capital markets and open them up further in the…
Climate change role in July heatwaves ‘overwhelming’, scientists say
By David Stanway SINGAPORE (Reuters) – Human-induced climate change has played an “absolutely overwhelming” role in the extreme heatwaves that…