BANGKOK (Reuters) – Binance Thailand has opened its cryptocurrency exchange in Thailand for trading, the company said on Tuesday. The exchange, Gulf Binance, is a joint venture between Binance and Thailand’s Gulf Innova that will serve as an exchange and brokerage platform allowing users to buy and sell digital assets with local currency pairings, according …
Binance Thailand opens crypto exchange for trading Read More »
By Tetsushi Kajimoto and Kentaro Sugiyama TOKYO (Reuters) -The head of Japan’s biggest business lobby Keidanren on Tuesday urged its members, including many top blue-chip companies, to raise workers’ pay to offset the pain of rising living costs and put a decisive end to deflation. At stake for this year’s spring wage talks is the …
Japan business lobby calls for higher pay, paves way for BOJ policy normalisation Read More »
By Trixie Yap (Reuters) -Oil prices were mixed on Tuesday, after posting losses the previous session, as broad economic concerns outweighed continued tensions in the Middle East that led to more tanker diversions. Brent crude futures gained 3 cents, or about 0.04%, to $78.15 a barrel at 0647 GMT. The contract had settled 14 cents …
Oil prices mixed amid economic concerns, Red Sea issues Read More »
JAKARTA (Reuters) – Indonesia plans to seek bids on 10 oil and gas blocks this year as the country seeks to increase its reserves amid sluggish output, an energy ministry official said on Tuesday. Indonesia offered 10 oil and gas blocks in 2023, with two working areas Akimeugah-1 and Akimeugah-II in the Papua region still …
Indonesia plans to offer 10 oil and gas blocks in 2024 Read More »
(Reuters) – Chinese lender Ping An Bank has put 41 firms on a list of developers eligible for its funding support, marking the latest move aimed at reviving the nation’s crisis-hit property sector, Bloomberg News reported on Tuesday. Ping An Bank decided to adjust criteria related to extending credit lines in order to meet builders’ …
China Ping An Bank names 41 property firms in funding support list -Bloomberg News Read More »
HONG KONG (Reuters) – China’s largest private property developer, Country Garden, <2007.HK> expects the property market will remain weak in 2024 and the company could face more, “severe” challenges, its top management said. Country Garden, which defaulted on its $11 billion worth of offshore bonds in October and extended repayments on its onshore notes last …
Country Garden expects China property market to remain weak in 2024 Read More »
(Reuters) – Cryptocurrency exchange HashKey Group said on Tuesday that it raised nearly $100 million after the completion of a Series A financing round, at a pre-money valuation exceeding $1.2 billion. HashKey said the newly raised capital will be used to strengthen its Web3 ecosystem, enhance product diversification of its licensed business in Hong Kong …
Crypto firm HashKey secures $100 million funding, exceeds $1 billion valuation Read More »
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand. The likely decline in profit also reflects a strong performance in 2022, when the company, whose customers include Apple and Nvidia, was …
TSMC’s Q4 profit to slide 23%, focus on rebounding demand this year Read More »
By Kirsty Needham and Yimou Lee SYDNEY/TAIPEI (Reuters) -Taiwan lost one of its few remaining diplomatic allies Nauru to China on Monday, just days after it elected a new president, and accused China of attempting to pressure it while it affirmed the will of Taiwanese to go out into the world. China claims Taiwan as …
Taiwan loses ally Nauru, accuses China of post-election ploy Read More »
By Richa Naidu LONDON (Reuters) – Toy makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro approached Indian durable goods and aerospace supplier Aequs to sub-contract. “They said if you can get into toy manufacturing, now …
Toy manufacturers’ shift from China is no child’s play Read More »
