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A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more
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LONDON, Nov 28 (Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at three-month lows and supported gold above $2,000 an ounce. Traders will have to weigh up data this week on how the U.S. economy fared in … Read more
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[1/2]A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing Rights Asian stock markets : Oil prices near four-month low after steep sell off Bonds rally as softer U.S. data hardens rate … Read more
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A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights U.S. October CPI flat vs 0.1% rise expected Fed funds futures price in rate cuts by May JGBs surge as Japan economy contracts SINGAPORE, … Read more
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SINGAPORE, Nov 6 (Reuters) – Singapore’s biggest bank DBS Group (DBSM.SI) reported on Monday a 18% jump in net profit in the third quarter from a year earlier as total income grew on higher interest margin and commercial book non-interest income. DBS, which is also Southeast Asia’s largest lender by assets, said July-September net profit … Read more
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[1/3]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights U.S. stocks end lower as yields rise Dollar index jumps; U.S. oil prices down Middle East troubles remain in focus NEW YORK, Oct 12 (Reuters) – U.S. Treasury yields … Read more
Bid is latest after multiple offers to buy Hollysys Deutsche Bank to solicit additional potential offers Shares have gained 20.8% year-to-date Oct 2 (Reuters) – China’s Hollysys Automation Technologies , which makes automation and control systems, said on Monday it had set up a committee to consider a $1.55 billion takeover offer from a consortium … Read more
Sept 21 (Reuters) – U.S. venture capital firm GGV Capital said on Thursday it plans to split its business into two, with one focused on Asia and the other on the U.S., as political pressure mounts on American companies to limit investments in Chinese technology. This comes after Sequoia Capital in June said it is … Read more
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[1/2]A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert Acquire Licensing Rights World stocks on longest losing streak since March Dollar highest since March Swiss franc tumbles on surprise SNB rate hold Fed signals another hike possible Traders see close Bank of England call later LONDON, Sept 21 … Read more
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[1/3]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW YORK/LONDON, Sept 19 (Reuters) – Global stocks eased and the benchmark Treasury yield rose close to levels last seen in 2007 as a plunge in U.S. homebuilding in … Read more