(Reuters) -Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said on Saturday. The world’s largest money manager has “indefinitely” shelved the ETF, the newspaper said, citing people familiar with the decision. According to one of …
NUSA DUA, Indonesia (Reuters) – Indonesia is expected to book higher exports this year that could reach a value of around $292 billion, senior minister Luhut Binsar Pandjaitan said on Sunday. The figure is higher than his previous estimate of $280 billion last month. (Reporting by Stefanno Sulaiman and Ananda Teresia; Editing by Ed Davies)
By Aidan Lewis and Sarah El Safty SHARM EL-SHEIKH, Egypt (Reuters) – Strengthening trade ties and regional security will be priorities in an upcoming visit by Chinese leader Xi Jinping to Saudi Arabia, Saudi minister of state for foreign affairs Adel Al-Jubeir said on Saturday. The visit, which two sources said was expected to take …
Trade and security on agenda for Xi visit to Saudi Arabia – Saudi minister Read More »
By Nivedita Balu (Reuters) -Twitter Inc paused its recently announced $8 blue check subscription service on Friday as fake accounts mushroomed, and new owner Elon Musk brought back the “official” badge to some users of the social media platform. The coveted blue check mark was previously reserved for verified accounts of politicians, famous personalities, journalists …
Musk halts Twitter’s coveted blue check amid proliferation of imposters Read More »
NUSA DUA, Indonesia (Reuters) -Elon Musk will join the G20 summit in Indonesia’s Bali virtually rather than in person, an official from the Indonesian Chamber of Commerce told CNBC Indonesia on Saturday. “He is unable to attend because … there are incidents in the United States and he must be present there,” Arsjad Rasyid, head …
Musk to join G20 summit in Indonesia virtually – CNBC Indonesia Read More »
SHANGHAI (Reuters) – Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest factory to North America, its largest market. Tesla has been evaluating whether Model 3 and Model Y electric vehicles made in …
Exclusive-Tesla has considered exporting EVs from Shanghai to US, Canada – sources Read More »
(Reuters) -Collapsed crypto exchange FTX said on Saturday it had seen “unauthorized transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform. Blockchain analytics firm Elliptic said that around $473 million worth of cryptoassets were “moved out of FTX wallets in suspicious circumstances early this morning,” but that it …
FTX says investigating ‘unauthorized transactions’ Read More »
By Casey Hall SHANGHAI (Reuters) – Alibaba Group opted not to disclose the final sales tally of its annual Singles Day shopping festival for the first time since it started the event in 2009, saying only that results were in line with last year. Last year’s 8.5% rise in gross merchandise value (GMV) for Alibaba’s …
Alibaba mum on Singles Day sales tally, says in line with 2021 Read More »
BEIJING (Reuters) – Chinese consumers clutched their wallets tight in this year’s Singles Day and continued seeking relatively economical home brands over pricier expensive labels, as strict COVID-19 curbs and economic uncertainty weighed on the shopping extravaganza. From the evening of Oct. 31 through Thursday, more than 2,000 items generated sales exceeding 10 million yuan …
Chinese brands outnumber foreign names among Singles Day best-sellers Read More »
LONDON (Reuters) – FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the world’s largest cryptocurrency exchanges. FTX and its local units, had already attracted scrutiny from regulators around the world. Here’s a roundup of what global regulators are doing about FTX: UNITED STATES FTX is under investigation …
