BEIJING (Reuters) -Chinese robotics firm Unitree Robotics is expected to submit its listing application documents between October and December, according to a statement on its X account on Tuesday. The startup said in July that it has begun the process for a potential IPO. (Reporting by Beijing newsroom; Editing by Susan Fenton)
(Reuters) -DBS Group’s effort to acquire a stake in Alliance Bank Malaysia has hit a snag as Singapore’s largest bank awaits regulatory approval to begin discussions, Bloomberg News reported on Tuesday, citing people familiar with the matter. Vertical Theme, the largest shareholder in DBS and Alliance Bank, filed separate applications with Malaysia’s central bank about …
DBS’s bid for Alliance Bank stake stalls on regulatory delay, Bloomberg News reports Read More »
MOSCOW (Reuters) -Russia’s Gazprom has agreed to a modest rise in gas supplies to China via an existing pipeline and has signed a memorandum on building the vast Power of Siberia 2 pipeline. What is the Power of Siberia 2 pipeline project? * The proposed pipeline would bring gas from the huge Yamal Peninsula reserves …
Factbox-What is Russia’s Power of Siberia pipeline 2 to China? Read More »
JAKARTA (Reuters) -Indonesia’s central bank has been guiding the rupiah to a stronger level and will try to get it to trade around 16,300 a dollar, its governor said on Tuesday, after the currency fell amid unrest across the country. “The rupiah, which yesterday morning had reached 16,560 (per dollar) … today we have stabilised …
Indonesia’s central bank wants rupiah to trade around 16,300 a dollar Read More »
By Miho Uranaka TOKYO (Reuters) -Mitsubishi UFJ Financial Group plans to launch a 100 billion yen ($680 million) fund to invest in Japanese real estate, an executive at the country’s largest banking group told Reuters. The new fund, reported by Reuters for the first time, is the latest in a run of Japanese property fund …
Exclusive-MUFG to launch $680 million Japan real estate fund Read More »
SINGAPORE (Reuters) -Russia’s largest liquefied natural gas (LNG) producer Novatek has hired Leonard Neo as an LNG marketing manager in Singapore, according to Neo’s LinkedIn post on Tuesday. Neo was previously with French utility Engie for more than seven years, per his LinkedIn profile. He was previously a senior LNG trading analyst there before becoming …
Russia’s Novatek hires Leonard Neo as LNG marketing manager in Singapore Read More »
A look at the day ahead in European and global markets from Ankur Banerjee A sleepy start to a data-heavy week will get its first test when an inflation report for the euro zone comes out during European hours, while investor focus will also be on Nestle after the Kitkat maker abruptly dismissed its CEO. …
Morning Bid: Nestle in sticky situation, much like euro zone inflation Read More »
BANGKOK (Reuters) -Thailand’s foreign tourist arrivals this year up to the end of August fell 7.16% from the same period a year earlier, the Tourism Ministry said on Tuesday. There were 21.9 million foreign visitors during the period, it said in a statement, with China the largest source market with 3.1 million arrivals. In August, …
Thailand foreign visitors drop 7.16% y/y in first eight months of 2025 Read More »
TOKYO (Reuters) -Japan’s Prime Minister Shigeru Ishiba plans to ask ministers as early as this week to compile an economic stimulus package to address inflation and Trump administration tariffs, the Sankei newspaper said on Tuesday, citing government sources. The plan follows a meeting on Tuesday between the secretaries-general of the Liberal Democratic Party and its …
Japan PM to ask ministers to compile economic package, Sankei says Read More »
By Jiaxing Li HONG KONG (Reuters) -China’s outstanding margin financing has reached a new record high of 2.29 trillion yuan ($320 billion), surpassing the previous peak set a decade ago, as investors ramp up leveraged bets to join a liquidity-fuelled stock market rally. WHY IT’S IMPORTANT Outstanding margin financing – money investors borrow to buy …
China’s stock margin financing hits record high as investors chase rally Read More »
