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SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:52
Dollar softens, China's yuan draws support from stimulus hopes
Dollar softens, China's yuan draws support from stimulus hopes
By Rae Wee SINGAPORE The dollar was on the defensive on Monday as investors scaled back expectations over
2023-07-10 10:52
China mutual funds cut fees as regulator targets $3.7 trillion sector
China mutual funds cut fees as regulator targets $3.7 trillion sector
SHANGHAI/SINGAPORE (Reuters) -More than a dozen major mutual fund companies in China cut fees in roughly 1,500 fund products on
2023-07-10 10:47
Japan logs current account surplus for fourth month as trade gap narrows
Japan logs current account surplus for fourth month as trade gap narrows
TOKYO (Reuters) -Japan's current account surplus more than doubled year-on-year in May, in a fourth straight month of gains, as
2023-07-10 09:59
Alibaba stock set to open up 5.5% amid hopes regulatory crackdown is ending
Alibaba stock set to open up 5.5% amid hopes regulatory crackdown is ending
HongKong Hong Kong shares of Alibaba Group were set to open up 5.5% on Monday after China fined
2023-07-10 09:57
Syria revokes BBC's media accreditation and accuses the British broadcaster of spreading 'fake news'
Syria revokes BBC's media accreditation and accuses the British broadcaster of spreading 'fake news'
Syria’s Information Ministry has canceled the BBC’s media accreditation, accusing the British public broadcaster of biased and fake news in its coverage of the war-torn country
2023-07-10 09:49
Oil eases ahead of China, US data, but OPEC+ cuts support market
Oil eases ahead of China, US data, but OPEC+ cuts support market
By Florence Tan SINGAPORE Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead
2023-07-10 09:20
12 homes evacuated in Southern California city after ground shifts
12 homes evacuated in Southern California city after ground shifts
Officials say twelve homes were evacuated in a Los Angeles-area city Saturday night after a major ground shift put them at risk of collapse
2023-07-10 09:18
Countries repatriating gold in wake of sanctions against Russia - study
Countries repatriating gold in wake of sanctions against Russia - study
By Marc Jones LONDON An increasing number of countries are repatriating gold reserves as protection against the sort
2023-07-10 08:22
Sarah Silverman sues Meta, OpenAI for copyright infringement
Sarah Silverman sues Meta, OpenAI for copyright infringement
By Jack Queen Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and
2023-07-10 07:57
China-led EV boom in Thailand threatens Japan's grip on key market
China-led EV boom in Thailand threatens Japan's grip on key market
By Devjyot Ghoshal and Pasit Kongkunakornkul BANGKOK Thailand's Siam Motors partnered with Nissan Motors in 1962 with a
2023-07-10 07:22
Factbox-Chinese electric vehicle investment plans in Thailand
Factbox-Chinese electric vehicle investment plans in Thailand
Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in
2023-07-10 07:21
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