By Florence Tan and Muyu Xu SINGAPORE – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records in …
asia
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By Marwa Rashad LONDON – Asian spot liquefied natural gas (LNG) prices were down this week on softer Spring demand but further downside is limited as Asian buyers are expected …
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By Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening …
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HONG KONG – Most financial institutions operating in Asia will take until next year to remove references to the Libor benchmark in loan agreements, an industry survey found, though most …
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By Xie Yu HONG KONG – UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, …
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HONG KONG – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth management business. Ng, currently Citigroup’s Hong Kong chief executive, will oversee …
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By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest …
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(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE – Top oil exporter Saudi Arabia is expected to raise crude prices to Asia in May to new …
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By Andrea Shalal WASHINGTON – The frequency and severity of climate-related disasters are rising faster in the Middle East and Central Asia than anywhere in the world, posing a “major …
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By Rittik Biswas and Roshan Abraham (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, …
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TAIPEI – The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, …
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By Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, as uncertainty from Russia’s invasion …
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LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest …
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-Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign …
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By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s …
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By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks …
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By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to …
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MILAN – French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its signature handbags now cost up …
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MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of Ukraine and would be stepping …
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– Hong Kong’s Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge …
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By Josh Smith SEOUL – Even as debates swirl over their capability, a series of “hypersonic missiles” recently tested by nuclear-armed North Korea sparked sudden talk of preemptive strikes and …
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By Kane Wu and Julie Zhu HONG KONG – JPMorgan Chase & Co plans to boost its private banking business headcount in Asia by more than 100 this year, two …
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By Norihiko Shirouzu BEIJING – Geely Holding and France’s Renault are likely to soon announce a deal to jointly produce the Chinese automaker’s hybrid vehicles in South Korea and look …
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By Scott Murdoch HONG KONG – China’s property sector debt turmoil is set to keep a lid on Asian high-yield corporate bond deals in the first half of next year …
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By Humeyra Pamuk and David Brunnstrom WASHINGTON – The Biden administration will seek to bolster economic and security cooperation with Southeast Asia through a visit to the region next week …