Dec 12 (Reuters) – China Vanke is seeking to extend repayment for a second onshore bond by one year, two sources familiar with the matter said on Friday, as the cash-strapped developer struggles amid a prolonged property slump. The proposed extension is for a 3.7 billion yuan ($525 million) note due December 28, the sources …
China Vanke seeks one-year extension on second onshore bond, sources say Read More »
JAKARTA, Dec 12 (Reuters) – Indonesia expects to complete tariff talks with the United States by the end of the year, its chief negotiator said on Friday, with a delegation set to visit Washington next week to resume them. Talks had appeared at risk of collapse this week after the United States accused Jakarta of …
Indonesia expects to wrap up U.S. tariff talks by year-end Read More »
(Corrects reporter byline) By Faith Hung and Rae Wee TAIPEI/SINGAPORE, Dec 12 (Reuters) – Taiwan’s tech-heavy stocks show few signs of slowing a rally even as AI bubble worries cast a shadow over global markets, underscoring home-grown confidence in the structural advantages in AI that foreign investors may have overlooked. Taiwan’s benchmark index is poised …
TOKYO, Dec 12 (Reuters) – Japan’s core inflation rate likely held well above the central bank’s 2% target in November, a Reuters poll showed on Friday, although moderating food price hikes have taken some pressure off consumers ahead of an expected rate hike next week. The nationwide core consumer price index (CPI), which includes energy …
Japan’s core inflation likely held at 3.0% in November: Reuters poll Read More »
SHANGHAI, Dec 12 (Reuters) – JD.com, one of China’s largest e-commerce firms, pledged 22 billion yuan ($3.12 billion) in housing support for its army of couriers, as competition intensifies in the instant retail market. JD.com’s move, announced in a post on its official WeChat account on Friday, follows a similar promise from food delivery firm …
JD.com pledges $3.12 billion housing support for couriers Read More »
By Wen-Yee Lee and Ben Blanchard TAIPEI, Dec 12 (Reuters) – Taiwan President Lai Ching-te opened a new cloud computing centre on Friday equipped with a powerful supercomputer, part of the chip powerhouse island’s “sovereign AI” effort. The government wants the new cloud facility, in the southern city of Tainan, to become a key engine …
Taiwan opens new cloud centre to bolster ‘sovereign AI’ effort Read More »
Dec 12 (Reuters) – Property group Hongkong Land said on Friday it will launch a Singapore private real estate fund with more than S$8 billion ($6.19 billion) in assets under management at inception. The fund, named Singapore Central Private Real Estate Fund (“SCPREF”) will focus on managing commercial properties in the city state, and is …
Hongkong Land to launch $6.2 billion Singapore private real estate fund Read More »
By Ariba Shahid KARACHI, Dec 12 (Reuters) – Pakistan’s central bank is expected to retain interest rates at 11% on Monday, a Reuters poll showed, as analysts push back rate-cut forecasts to late 2026 after the IMF warned inflation risks persist and policy must stay “appropriately tight”. All 12 analysts surveyed expect no cut in …
Pakistan central bank likely to hold rate at 11% as IMF flags inflation risks Read More »
By Renju Jose SYDNEY, Dec 12 (Reuters) – Australia said on Friday it would not oppose a proposal by Korea’s Hanwha to nearly double its stake in Australian shipbuilder Austal, but the deal will be constrained by strict conditions covering data access and security. Treasurer Jim Chalmers said the decision to allow the South Korean …
Australia approves Hanwha’s larger stake in Austal with strict conditions Read More »
By Alessandro Parodi Dec 12 (Reuters) – Global EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States set North America on track for its first year of decline since 2019, data showed. In Europe, registrations of …
Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes Read More »
