Evergrande EV unit set for $3.6 billion gain from liability transfer
(Reuters) -Embattled property developer China Evergrande Group said its listed electric vehicle arm will book a $3.6 billion gain from…
Updated
BOJ’s Ueda vows to keep rates low for now, signals chance of future hike
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda on Tuesday stressed the need to keep monetary…
Japan raises view on imports, sees rising bankruptcies
TOKYO (Reuters) – Japan raised its official assessment of imports for first time in nine months, the government’s monthly economic…
South Korea economy averts recession but faces tough headwinds
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s heavily trade-reliant economy barely averted a recession posting slim growth…
SpaceX wins approval to add fifth U.S. rocket launch site
By Joey Roulette WASHINGTON (Reuters) -The U.S. Space Force said on Monday that Elon Musk’s SpaceX was granted approval to…
Meatpacker JBS ends contracts with US company fined for hiring kids
By Tom Polansek and Leah Douglas CHICAGO (Reuters) -JBS USA is ending contracts with a U.S. company fined for hiring…
Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on…
Crypto firms scramble for banking partners as willing lenders dwindle
(This April 19 story has been corrected to fix the name of Banxa U.S. CEO to Richard Mico, not Ricardo…
Philippines’ Marcos to seek specifics from Biden on US defence commitment
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Monday said he will press U.S. counterpart Joe Biden to make…
Italy, Lufthansa extend exclusive talks on ITA Airways sale
ROME (Reuters) – Italy’s Treasury and Germany’s Lufthansa have agreed to extend exclusive talks over the sale of ITA Airways…