SYDNEY (Reuters) – Australian job advertisements surged in November as the lifting of coronavirus lockdown measures saw demand for labour spike in Sydney and Melbourne, auguring well for a rapid recovery in the economy. Monday’s figures from Australia and New Zealand Banking Group Ltd showed total job ads climbed 7.4% in November from October, when …
(Reuters) -Australia’s top construction materials maker Boral Ltd said on Monday it would sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on its domestic business. The sale to Eco Material Technologies, which is backed by private equity firms One Equity Partners and …
Australia’s Boral exits U.S. with $755 million fly ash business sale Read More »
By Dominique Patton BEIJING (Reuters) – As China prepares to open its $120 billion corn market to genetically modified (GM) seed, little-known Dabeinong Biotechnology hopes to reap the benefits of early biotech investments and a law keeping foreign firms on the sidelines. The long-anticipated commercialization of GM corn in the world’s No. 2 producer is …
Beijing biotech firm banks on GM corn in race to be China’s Monsanto Read More »
TOKYO (Reuters) – The Japanese government is considering raising its economic growth forecast for fiscal 2022 to take into account the effects of its record $490 billion stimulus package, public broadcaster NHK reported on Monday. In a mid-year review in July, the government projected real gross domestic product (GDP) growth of about 2.2% for the …
Japan government considering lifting FY2022 economic growth forecast -NHK Read More »
MUMBAI (Reuters) -India’s tally of reported cases of the heavily mutated Omicron variant of the coronavirus rose to 12 on Sunday after the state of Maharashtra said it had detected seven new cases. Local media also said a new case had been reported in New Delhi. India expects Omicron, which scientists say appears to be …
India detects seven more Omicron cases, making 12 in all Read More »
BEIJING (Reuters) – China will help leading futures companies to speed up their development and encourage qualified firms to be listed, the China Futures Association said in a statement, citing an official from the securities regulator. Authorities would support futures companies to widen and diversify their financing channels and allow them to compete with overseas …
China will encourage listing of leading futures firms, to issue futures law Read More »
BEIJING (Reuters) – Some of China’s major property developers are planning to issue asset-backed securities in the near term, a further sign that regulators are marginally broadening financial channels for developers amid Evergrande’s debt crisis. China Evergrande, wrestling with debts of more than $300 billion, said on Friday that there was “no guarantee” it would …
Amid Evergrande crisis, more Chinese developers to issue ABS Read More »
By A. Ananthalakshmi and Liz Lee JOHOR BAHRU, Malaysia(Reuters) – A short drive across the border from Dyson’s new headquarters in Singapore is the boomtown built around its business: a Malaysian industrial area dominated by its biggest supplier, ATA IMS Bhd. ATA, one of Malaysia’s top electronics manufacturing services providers, rode Dyson’s success in high-end …
Dyson splits with Malaysia supplier, stoking concern over migrant worker treatment Read More »
(Reuters) – Bitcoin dropped 8.4% to $49,228.82 at 20:01 GMT on Saturday, losing $4,514.87 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 28.7% from the year’s high of $69,000 on Nov. 10. Ether, the coin linked to the ethereum blockchain network, dipped 2.69 % to $4,109.14 on Saturday, losing $113.66 …
By Krystal Hu and Juby Babu (Reuters) – Former President Donald Trump’s new social media venture Trump Media & Technology Group and Digital World Acquisition Corp. said it has entered into subscription agreements to raise about $1 billion from a group of investors. DWAC said it will provide up to $293 million to the partnership …
Trump’s social media venture to raise about $1 billion in funds Read More »
