Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a
2023-05-31 15:26
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
2023-05-31 15:19
Handelsbanken to Sell Most of Finnish Unit for €1.3 billion
Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to
2023-05-31 15:16
Bitcoin Faces First Monthly Drop of 2023 as Crypto Revival Cools
The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange
2023-05-31 14:55
Hungary asks EU to extend import curbs on grains from Ukraine at least until end-2023
BUDAPEST Hungary has asked the EU to extend import curbs on Ukraine grains and oilseed crops for five
2023-05-31 14:28
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:26
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:22
US sanctions Chinese and Mexican firms over fentanyl making equipment
The United State sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that make counterfeit pills, as it cracks down on imports of illegal fentanyl that fuels America's deadly opioid epidemic.
2023-05-31 13:48
Cargill to sell China protein business to private equity firm DCP Capital
BEIJING U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm
2023-05-31 13:26
UBS Family Office Clients Boost Hedge-Fund Bets Amid Volatility
UBS Group AG’s family office clients have increased allocations to hedge funds as they focus on active ways
2023-05-31 13:23
HKEX Looks to Move Away From Fax Machines By Automating ETF Platform
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline
2023-05-31 13:16