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  • Financial News

    China’s Zhenro Properties slumps after debt warning

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI -Shares and international bonds of Zhenro Properties slumped further on Monday after it said existing internal resources might be insufficient to repay …

  • Financial News

    India’s IPO-bound LIC may not sell entire stake in IDBI Bank – chairman

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    NEW DELHI -State-run Life Insurance Corp Of India (LIC), which is planning the country’s largest IPO next month, may not sell its entire stake in IDBI Bank and can use …

  • Financial News

    Brazil’s Embraer firm order backlog hits highest level since Q2 2018

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    SAO PAULO – Brazilian planemaker Embraer SA said on Monday its firm order backlog ended 2021 at $17 billion, the highest level since the second quarter of 2018, even after …

  • Financial News

    Beijing sanctions Lockheed, Raytheon again over Taiwan arms sales

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BEIJING -China has placed Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over arms sales to Taiwan, the government said on Monday, at least the third time it has …

  • Financial News

    Swedish central bank split over policy, Jan inflation surge may tip balance

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    STOCKHOLM -Swedish rate-setters were split over how fast to start tightening policy at their most recent meeting, the minutes published on Monday showed, but a surge in January inflation could …

  • Financial News

    Greek December current account deficit widens, tourism revenues up

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    ATHENS -Greece’s current account balance showed a wider deficit in December last year compared to the same month in 2020 while tourism revenues rose, the Bank of Greece said on …

  • Financial News

    JPMorgan’s Holsheimer to leave Hong Kong -memo

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    SYDNEY – One of JPMorgan’s most senior Asia Pacific equities bankers, Ryan Holsheimer, is leaving the bank and Hong Kong to return to Australia, according to a memo seen by …

  • Financial News

    Hong Kong’s Nov-Jan unemployment unchanged at 3.9%, outlook gloomy

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    HONG KONG – Hong Kong’s seasonally adjusted unemployment rate was unchanged at 3.9% in the November-January quarter, the government said on Monday, and the outlook is overshadowed by a surge …

  • Financial News

    Taiwan’s January export orders brisk, outlook broadly positive

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    TAIPEI – Taiwan’s export orders grew broadly in line with expectations in January to a record high for the month thanks to sustained technology demand, but the government warned of …

  • Financial News

    Swiss watchdog in touch with Credit Suisse over client data leak reports

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    ZURICH – Swiss banking supervisor FINMA is in contact with Credit Suisse over media reports by a network of investigative journalists detailing client data leaks, the watchdog said on Monday. …

  • Financial News

    China to expand commercial pension pilot scheme nationwide, regulator says

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BEIJING – China will from March 1 expand nationwide a pilot scheme developing commercial pension products for the country’s aging population, its banking and insurance regulator said on Monday. Other …

  • Financial News

    Turkey’s foreign arrivals surge 151% in January from year ago

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    ISTANBUL – The number of foreign visitors arriving in Turkey jumped 151% from a year earlier to 1.28 million in January, data showed on Monday, as the sector continued to …

  • Financial News

    German economy grows at fastest rate for six months in February -PMI

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BERLIN – Improving demand for services pushed business activity across Germany’s private sector to a six-month high in February, and while manufacturing lagged due to COVID-19 infections among staff the …

  • Financial News

    French business activity grew more strongly than forecast in Feb -PMI

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    PARIS – French business activity grew more strongly than forecast in February, according to a monthly survey, helped by an improvement in the country’s COVID-19 situation and stronger demand for …

  • Financial News

    Australia’s AGL Energy spurns surprise $3.5 billion bid, suitor Brookfield digs in

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    By Sonali Paul and Shashwat Awasthi MELBOURNE -Australia’s top power producer AGL Energy Ltd on Monday rejected an unsolicited $3.54 billion takeover overture from tech billionaire Mike Cannon-Brookes and Canada’s …

  • Financial News

    Russian finance ministry to consider central bank proposals on cryptocurrencies

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    MOSCOW – Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own …

  • Financial News

    Marketmind: Pricing fifty shades of grey

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    A look at the day ahead in markets from Julien Ponthus While the Kremlin complains about “daily” Western predictions of a Russian invasion of Ukraine, investors for their part have …

  • Financial News

    French auto supplier Faurecia sees higher sales in 2022

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    – French car parts group Faurecia, which sealed its takeover of Germany’s Hella in early February, on Monday forecast a rise in annual sales, as it expects semiconductor shortages to …

  • Financial News

    Thai banks’ bad loans at 2.98% of lending at end-December

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BANGKOK – Thai banks’ non-performing loans slightly dropped to 2.98% of total lending at the end of December from 3.14% as the end of September, helped by measures to support …

  • Financial News

    Thai economy returns to growth in Q4, but recovery in 2022 seen slow

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    By Orathai Sriring and Kitiphong Thaichareon BANGKOK -Thailand’s economy returned to growth in the fourth quarter, expanding faster than expected, but the 2021 pace was one of the slowest in …

  • Financial News

    Japan’s record $940 billion budget set for parliament approval in March

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    TOKYO – A key Japanese parliamentary committee on Monday approved the government’s record $940 billion initial spending plan for the next fiscal year, setting the stage for the budget’s full …

  • Financial News

    After ECB shock, European firms confront higher borrowing costs

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    By Yoruk Bahceli -European companies hoping to fund M&A and capital expenditures on bond markets this year are facing a sudden jump in borrowing costs and wary buyers after the …

  • Financial News

    Indian carrier IndiGo’s parent skids over 4% as co-founder quits, plans stake cut

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BENGALURU – Shares of InterGlobe Aviation, the parent of India’s biggest airline IndiGo, dropped on Monday after one of its co-founders resigned from the board last week and said he …

  • Financial News

    Trump’s Truth Social app hits Apple app store

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    – Donald Trump’s Truth Social app is available for download on Apple Inc’s app store late Sunday evening, according to witness accounts. The app was also automatically downloaded to Apple …

  • Financial News

    China’s new home prices perk up as big city demand returns

    by Reuters February 21, 2022
    by Reuters February 21, 2022

    BEIJING – China’s new home prices rose for the first time since September on a monthly basis, official data for January showed on Monday, as efforts to soften the blow …

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