Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a
2023-05-31 15:15
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
2023-05-31 14:55
Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no
2023-05-31 14:50
Japan’s Second-Biggest Brokerage Weighs Purchase of M&A Boutique
Daiwa Securities Group Inc. will consider acquiring “strong boutique” firms in mergers and acquisitions, as it joins rivals
2023-05-31 14:48
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Toyota customers in Asia, Oceania face risk of data leak due to setting error
TOKYO Toyota Motor Corp said on Wednesday that information on customers in some countries in Asia, excluding Japan,
2023-05-31 14:22
Vatican questions $17 million donation to impact investing fund, moves to prevent similar gifts
Pope Francis has asked aides to get to the bottom of how at least $17 million was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a priest
2023-05-31 14:19
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:19
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
Asian stocks sink before US Congress votes on deal to avoid debt default
Asian stock markets are lower ahead of a vote by Congress on a deal to avert a government debt default while China factory activity weakened
2023-05-31 13:58
India Seeks More Disclosures from Foreign Funds After Adani Saga
India’s capital markets regulator proposes to seek more disclosures from foreign funds with large holdings in local stocks
2023-05-31 13:54
China's industry minister, Tesla's Musk meet, discuss electric cars
China’s industry minister has met Tesla Ltd
2023-05-31 13:46