By Rhea Binoy (Reuters) -Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform. The change comes a week after Musk took over the social media company in a $44 billion deal. The billionaire …
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(Reuters) – China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 million. The proceeds will be used to repay some of the company’s financial obligations in relation to the project and a loss …
China Evergrande says its interests in land in Hong Kong sold for $637 million Read More »
By Khanh Vu HANOI (Reuters) – Vietnam will stick to its target to keep inflation under control and ensure macroeconomic stability, Prime Minister Pham Minh Chinh said on Saturday, as the economy faces fresh challenges. The Southeast Asian economy has rebounded from the COVID-19 pandemic, but has recently faced numerous challenges, with weakening global demand …
Vietnam will stick to target to keep inflation under control, PM says Read More »
SHENZHEN, China (Reuters) -The C919 narrowbody jet will join the opening flight display in China’s biggest air show in the southern city of Zhuhai on Tuesday, according to a schedule posted by the organisers, in what will be its first public flight or display. The C919, made by Commercial Aircraft Corp of China (COMAC), is …
C919 narrowbody jet to make its first public appearance at China air show Read More »
HANOI (Reuters) – Vietnam will continue to face difficulties securing refined petroleum products, its industry and trade minister said on Saturday, as authorities scramble to avert a fuel supply crunch. Hundreds of petrol stations in Vietnam’s largest cities have shut or limited sales in recent weeks, citing financial difficulties and tight domestic supplies. “Global supplies …
Vietnam to continue facing difficulties securing fuel supplies – minister Read More »
SHANGHAI (Reuters) – China will create an appropriate monetary environment to keep supply chain stable while keeping its prudent monetary policy flexible, a senior central bank official told a forum in Shanghai on Saturday. The remarks by Xuan Changneng, deputy governor of the People’s Bank of China (PBOC), come as COVID-19 disruptions have snarled global …
SHENZHEN, China (Reuters) -China’s top anti-corruption watchdog said on Saturday it is investigating Fan Yifei, one of six deputy governors of China’s central bank, over “suspected serious violations of discipline and law”. Fan, 58, has held the deputy governor position since early 2015, before which he had held senior roles with China Construction Bank and …
China’s cbank deputy under probe for suspected violations – anticorruption body Read More »
By Sheila Dang, Katie Paul and Paresh Dave (Reuters) -Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns about content moderation. Tweets by staff of the social media company said teams responsible for communications, …
Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop Read More »
TOKYO (Reuters) -Japan’s government warned on Saturday that new electric vehicle tax credits in the United States could ultimately deter further investment by the Japanese there and hit employment in the world’s biggest economy. In a comment submitted to the U.S. Treasury Department, the government raised a number of concerns about the tax credits in …
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HONG KONG (Reuters) – Hong Kong’s de-facto central bank bought HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from breaking below its peg to the U.S. dollar. The action will bring the aggregate balance – the key gauge of cash in the banking system – below …
