By Anton Bridge TOKYO (Reuters) – The Tokyo Stock Exchange’s (TSE) move to release a list of firms that have disclosed plans to increase their capital efficiency is its latest attempt to improve long-languishing Japanese valuations and attract overseas investors. Over the past decade, both the TSE and the government have steadily pushed to improve …
BEIJING (Reuters) – Japanese firms in China expect economic prospects in the world’s second-largest economy to remain grim this year, according to a report from the Japanese Chamber of Commerce and Industry in China released on Monday. About three-quarters of the 1,700 respondents in a survey said they expected the Chinese economy to worsen or …
Japanese firms expect China’s 2024 economic prospects to remain grim Read More »
BARCELONA (Reuters) – Spanish pharma company Grifols said on Sunday evening Chinese home appliance maker Haier Group still plans to close the acquisition of a 20% stake in Shanghai RAAS Blood Products as announced in late December. Grifols currently owns 26.58% in Shanghai RAAS. Grifols quoted Haier Group’s chairwoman saying: “We continue to work to …
Grifols says Haier Group still OK to buy stake in Shanghai RAAS Read More »
SEOUL, Jan 15 (Reuters) – S.Korea imports no Iran crude oil for December and a year ago, preliminary data from Korea Customs Service showed on Monday. The world’s fifth-largest crude buyer imported a total 12 million tonnes of crude last month against 12 million tonnes imported a year ago, the data also showed. Final data …
S.Korea imports no Iran crude oil for December -customs Read More »
By Eduardo Baptista BEIJING (Reuters) – China’s financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls “with teeth and thorns”. The National Financial Regulatory Administration (NFRA), established last year to oversee China’s $57 trillion financial sector, said on Sunday in a …
China regulator vows regulation ‘with teeth and thorns’ to defuse financial risk Read More »
By Tom Westbrook and Ankur Banerjee SINGAPORE (Reuters) – Taiwan’s election could allay global concerns about the island’s relations with China, while prompting a light selloff domestically on Monday as investors worry the result could hinder economic policy. Vice President Lai Ching-te won the presidency on Saturday, the third consecutive term for his ruling Democratic …
Taiwan election a relief for world markets, concern for local investors Read More »
TOKYO (Reuters) – Japan’s government plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake relief in the next fiscal year, Prime Minister Fumio Kishida said on Sunday. Kishida announced the plan after his visit to the northwest Japanese region hit by a powerful earthquake struck earlier this month. ($1 = 144.9000 …
Japan to double budget reserves for earthquake relief – PM Kishida Read More »
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday. BYD met Sigma Chief Executive Ana Cabral Gardner in Sao Paulo last month, BYD’s Brazilian chair, Alexandre Baldy, told the newspaper, but did not give details, citing …
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT Read More »
SEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it found two global investment banks were engaged in the practice of naked short-selling transactions, which involves selling shares without borrowing them first. The FSC did …
South Korea says it will impose fines on two global banks for short-selling violations Read More »
By Rae Wee and Ankur Banerjee SINGAPORE (Reuters) -Japanese stocks have made a blazing start to 2024, surging to three-decade highs as a weaker yen and expectations of interest rates staying low have re-ignited the strongest rally for years. A 6% gain in the Nikkei over the past two weeks is the best start to …
Sparkling start puts spotlight on Nikkei in 2024 Read More »
