Business News

By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million ($3.83 million) for self-use …

By Tom Wilson and Jaiveer Shekhawat (Reuters) -A string of executives have quit Binance, according to their tweets and media reports, the latest blow for the world’s biggest crypto exchange …

By Josh Ye and David Kirton HONG KONG (Reuters) -Alibaba Group Holdings and Huawei Technologies Co on Friday showcased new products, including an artificial intelligence (AI) image generator and an …

A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets has finally been broken by summer storms as a blistering …

By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil, aided by a new supply agreement with China, is set …

BEIJING (Reuters) – China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies …

By Jody Godoy (Reuters) -Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer …

By Riddhima Talwani and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in many parts of India, hit …

By Roger Tung and Faith Hung TAIPEI (Reuters) -Taiwan’s exports fell more than expected in June, slumping the most in almost 14 years, as the island struggled with persistent weakness …

(Reuters) – National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help customers who would otherwise fail to meet an industry standard …

By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food delivery companies filed lawsuits on Thursday seeking to strike down New York City’s novel law setting a …

MADRID (Reuters) – U.S. chipmaker Broadcom will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. “Excited to …

MADRID (Reuters) – Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a special purpose acquisition company …

SHANGHAI/SINGAPORE (Reuters) – Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors’ worries about the world’s second-largest economy. …

ROME (Reuters) – The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the …

(Reuters) -L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more …

(Reuters) -U.S. inspectors have started a fresh round of routine checks on Wall Street-listed Chinese companies’ audits in Hong Kong in recent weeks, a source familiar with the matter said …

BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall in industrial production. Output fell by 0.2% in May compared …

(This July 4 story has been refiled to specify data on gallium is for primary gallium only in paragraph 12 and add Canadian gallium producer in paragraph 8) (Reuters) – …

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an …

(Reuters) – China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially …

PARIS (Reuters) – Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data …

(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan may revise up this year’s inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy …

By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will likely keep interest rates unchanged at 5.50% on Wednesday and for the rest of the year, marking an end …