SHANGHAI (Reuters) – China’s market liquidity will remain reasonably ample even as seasonal flows of money injected ahead of the Lunar New Year holiday are recouped, the official Shanghai Securities News said on Monday. A large amount of cash will come back into the banking system, and a relatively big amount of treasury bonds will …
China’s market liquidity will remain reasonably ample – Shanghai Sec News Read More »
By Prerana Bhat and Tushar Goenka BENGALURU (Reuters) – Faced with relatively low inflation amid a global surge, the Reserve Bank of India will still wait at least a few more months before it joins other central banks in raising interest rates following the pandemic, a Reuters poll found. Among the hardest-hit emerging economies from …
Close call for Reserve Bank of India rates lift-off in April-Reuters Poll Read More »
By Devayani Sathyan BENGALURU (Reuters) – Thailand’s central bank will wait for at least a year before raising interest rates from record lows to support the tourism-dependent economy hit hard by coronavirus-related travel restrictions, a Reuters poll found. Economic growth in the Southeast Asian nation is yet to return to pre-pandemic levels and the recovery …
By Cynthia Kim SEOUL (Reuters) -Seoul’s housing market, one of the most unaffordable in the world, has begun to show signs that its red-hot five-year boom could be running out of steam – just in time for the March presidential vote. Housing is one of the biggest issues in the neck-and-neck election, with prices in …
Ahead of election, South Korea’s long-frenzied housing market shows signs of cooling Read More »
BEIJING (Reuters) -China and Argentina pledged on Sunday to deepen strategic cooperation on trade, currency and the infrastructure-focused Belt and Road Initiative, the government and state media said after a meeting of presidents Xi Jinping and Alberto Fernandez. The leaders, who met on the sidelines of the Beijing 2022 Winter Olympics, agreed on a five-year …
China, Argentina pledge closer ties on currency, ‘Belt and Road’ Read More »
(Corrects name of ministry in second paragraph) BEIJING (Reuters) – The number of passenger trips during China’s Lunar New Year holiday this year is expected to have grown 31.7% from last year, China’s state television CCTV said on Sunday, citing the transportation ministry. The estimated number of trips totalled 130 million, CCTV quoted the Ministry …
China estimates 31.7% growth in Lunar New Year passenger trips from 2020 Read More »
TAIPEI (Reuters) -Taiwan’s GlobalWafers Co Ltd said on Sunday that funds for a failed 4.35-billion-euro ($4.98 billion) takeover of German chip supplier Siltronic would go into capacity expansion instead. GlobalWafers said in a statement it expected total capital expenditure to reach T$100 billion ($3.6 billion) between 2022 and 2024, including “substantial greenfield investments”. The proceeds …
GlobalWafers says funds for failed Siltronic take over to go into capacity expansion Read More »
(Reuters) – Seibu Holdings Inc is in final talks with Singaporean sovereign wealth fund GIC to sell some 30 properties in Japan in deal worth about 150 billion yen ($1.30 billion), Nikkei reported on Saturday. The Prince Park Tower Tokyo, Prince Hotel Sapporo, and Grand Prince Hotel Hiroshima are among the properties it plans to …
Japan’s Seibu to sell properties to Singapore’s GIC in $1.3 billion deal – Nikkei Read More »
By Florence Tan SINGAPORE (Reuters) -Saudi Aramco has raised prices for all crude grades it sells to Asia in March from February, in line with market expectations. The world’s top oil exporter increased its March price for its Arab Light crude grade for Asian customers by 60 cents a barrel versus February to a premium …
SHANGHAI (Reuters) – A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean, low-emission energy, China’s commerce ministry said on Saturday. President Joe Biden on Friday extended tariffs on imported solar energy equipment for four years, though he eased the terms to exclude bifacial panels that generate power …
China says U.S. tariff extension on solar products hurts new energy trade Read More »
