Billion

HONG KONG (Reuters) – Hong Kong’s New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project in the financial city’s “Northern …

BANGKOK (Reuters) – Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the …

SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond …

TOKYO (Reuters) – Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as …

SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on Thursday, amid political and regulatory …

BUENOS AIRES (Reuters) – Argentina’s government placed 2.96 trillion pesos ($3.7 billion) at a debt auction on Wednesday, according to an economy ministry statement, coming in the second week of …

BRASILIA (Reuters) – A Brazilian Supreme Court justice suspended a 10.3 billion real ($2.10 billion) fine on J&F, the firm that controls the world’s largest meatpacker, JBS, according to a …

(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake in the entity that holds …

MANILA (Reuters) – Philippines President Ferdinand Marcos Jr has signed into law next year’s record 5.768 trillion pesos ($103.36 billion) budget, which he said details his government’s battle plan to …

By Melanie Burton MELBOURNE (Reuters) -Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure …

SYDNEY (Reuters) – Australia’s Allkem investors have approved Livent Corp $10.6 bln merger on proxy votes at a shareholder meeting in Perth on Tuesday. (Reporting by Scott Murdoch in Sydney; …

(Reuters) – Nippon Steel said on Monday it would buy U.S. Steel in a deal worth $14.9 billion including debt, months after the steelmaker put itself up for sale. (Reporting …

MOSCOW (Reuters) – Turkey and Turkish companies have saved around $2 billion on energy bills in 2023 by raising imports of discounted Russian oil and refined products, Reuters calculation based …

SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said …

(Reuters) – Global investment firm KKR said on Friday funds managed by its credit business has purchased a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank …

JAKARTA (Reuters) – Indonesia’s trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness a marginal growth, a Reuters …

By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – Australia’s Woodside Energy and rival Santos are unlikely to announce any agreement on a proposed A$80 billion ($52 billion) tie-up to …

By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders are likely to reach a deal on 50 billion euros ($54 billion) for Ukraine this week because it is to come …

BRUSSELS (Reuters) – NATO said on Wednesday that it was increasing its military budget for 2024 by 12% to 2.03 billion euros and its civil budget by 18.2% to 438.1 …

By Andrea Shalal WASHINGTON (Reuters) – Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, draining funds from critical health, …