Indonesia To Offer Tax Holiday To Companies Investing In New Capital
By Stanley Widianto and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will offer generous incentives, including a 30-year tax break, for…
Co-CEO of SKorean chat app steps down over service outage
SEOUL, South Korea (AP) — A top executive of South Korea’s largest mobile chat app, Kakao, stepped down on Wednesday…
Analysis-Goldman Sachs’ Consumer Pivot Solves One Question, But Makeover Raises More
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc’s strategy pivot has solved one problem…
S.Korean Chat App Kakao’s Co-CEO Steps Down After Widespread Outage
SEOUL (Reuters) -Kakao Corp’s co-CEO Namkoong Whon has stepped down, the company said on Wednesday, after an outage that shut…
S.Korean Chat App Kakao’s Co-CEO Steps Down After Outage, Public Backlash
SEOUL (Reuters) -Kakao Corp’s co-CEO Namkoong Whon has stepped down, the company said on Wednesday, after an outage that shut…
Lebanon approves some banking law changes demanded by IMF
BEIRUT (AP) — Lebanon’s parliament late Tuesday approved some amendments to a banking secrecy law that has been a key…
ECB To Go Big Again On Oct. 27 With 75 Bps Rate Hike: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to…
Kia Shares Edge Up In Choppy Trade After Booking Extra $1.1 Billion Provision
SEOUL (Reuters) -Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on…
Biden to release 15M barrels from oil reserve, more possible
WASHINGTON (AP) — President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic…
Washington Plays Hardball With Chevron’s Venezuela License Over Mexico Talks
By Marianna Parraga and Matt Spetalnick WASHINGTON (Reuters) -U.S. officials have made clear that allowing oil major Chevron to expand…