Business News

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesian central bank governor Perry Warjiyo emphasised on Wednesday the need to adjust interest rates early to control inflation, which is near …

By Sumeet Chatterjee HONG KONG (Reuters) – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors …

SINGAPORE (Reuters) – Singapore’s Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which …

TOKYO (Reuters) – A wider range of Japanese companies are raising prices, including those in sectors historically reluctant to pass on higher costs to customers, a Bank of Japan research …

SYDNEY (Reuters) – Australia will play a big role in South Korea’s ambition to lead the electric vehicle batteries market and diversify from China for its battery metals needs, a …

By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt – by the end …

By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country’s strict COVID-19 …

WYCKOFF, NJ – Police in New Jersey are reporting a second violent smash-and-grab robbery at a jewelry store in Wyckoff hours before another smash-and-grab robbery in Jersey City was caught …

(Reuters) – Potential economic downturns caused by climate change could pose risks to the loan books of Australia’s top five banks without resulting in any severe stress to the system …

SHANGHAI (Reuters) – As macroeconomic risks induce unprecedented levels of volatility in China’s yuan, investors are betting that authorities may widen the currency’s tight trading band for first time since …

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So Tuesday’s bout of post-pandemic euphoria in Chinese markets has …

By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s factory output fell for a second consecutive month in October, as stalling global demand and lingering supply bottlenecks put a …

By Kylie Madry MEXICO CITY (Reuters) -Chinese electric-vehicle maker BYD said on Tuesday it will launch its cars in Mexico next year, with a senior executive pegging its sales target …

(Reuters) -Australia’s Star Entertainment Group said on Wednesday the country’s financial crimes regulator has begun a civil lawsuit against its units, alleging non-compliance with anti-money laundering and counter-terrorism financing laws. …

By Wayne Cole SYDNEY (Reuters) – Australian inflation slowed in October as prices for fruit and vegetables fell sharply and holidays costs took a surprise dip, an unexpected turn that …

(Reuters) – Walt Disney Co disclosed on Tuesday that it has taken full control of BAMTech, a video-streaming firm spun off from Major League Baseball’s digital media company MLB Advanced …

BEIJING (Reuters) – China’s services activity contraction deepened in November, official data showed on Wednesday, as already strict COVID-19 restrictions tightened further in some cities due to surging infections and …

By Josh Horwitz SHANGHAI (Reuters) – Apple Inc’s wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company …

By Medha Singh and Lisa Pauline Mattackal (Reuters) – The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest …

By Shreyashi Sanyal and Noel Randewich (Reuters) – The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve …

By Suban Abdulla LONDON (Reuters) – The cost of fresh food sold in British shops increased in November at the fastest annual rate since records began in 2005, a new …

By Sheila Dang and Katie Paul (Reuters) – Twitter’s former head of trust and safety Yoel Roth on Tuesday said the social media company was not safer under new owner …

By Mariya Gordeyeva ALMATY (Reuters) – McDonald’s licensee in Kazakhstan was forced to temporarily close its restaurants this month after cutting ties with Russian companies and running out of supplies, …

By Diane Bartz WASHINGTON (Reuters) – Skeptical lawmakers from across the political spectrum questioned executives at grocers Kroger Co and Albertsons Companies Inc on Tuesday about their planned $25 billion …

By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) – Deal-hungry Americans snapped up everything from toys to electronics during the five-day long Thanksgiving through Cyber Monday shopping bonanza lured …