Temasek sells 1.85% stake in Singapore Airlines, remains top investor
By Selena Li and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – Singapore’s state investor Temasek is selling around S$400 million ($295.92…
Age of crisis leaves world’s big currencies out of sync
By Alun John and Dhara Ranasinghe LONDON (Reuters) – Big global currencies are rarely on different paths. Yet Japan’s yen…
Kevin Spacey appears in London court for start of sex offence trial
LONDON (Reuters) – Oscar-winning actor Kevin Spacey appeared in a London court on Wednesday at the start of his four-week…
HK’s Swire Pacific sells U.S. drinks unit to shareholder for $3.9 billion
(Reuters) -Hong Kong-based conglomerate Swire Pacific Ltd said on Wednesday it would sell its Swire Coca-Cola USA unit for $3.9…
Nike’s 2024 pressured by weak North American demand, inventory glut
By Ananya Mariam Rajesh (Reuters) – Nike is expected to forecast full-year profit below Wall Street estimates, as demand for…
Oracle adds generative AI to its human resources software
By Stephen Nellis (Reuters) – Oracle Corp on Wednesday said it is adding generative artificial intelligence features to its human…
First U.S. malaria cases diagnosed in decades in Florida and Texas
By Sharon Bernstein (Reuters) – Five cases of malaria have been confirmed in Florida and Texas, the first time the…
Hong Kong film-makers say censorship law spooks investors, actors
By Jessie Pang HONG KONG (Reuters) – Two years after screening an internationally acclaimed documentary on the democracy movement in…
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
BANGKOK (Reuters) – Thailand’s economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped…
Analysis-US bond investors eked out positive returns, see better second half year
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors have racked up positive returns so far this year,…