Finance

Exclusive-China’s ByteDance working with Broadcom to develop advanced AI chip, sources say By Reuters

By Eduardo Baptista BEIJING (Reuters) - China's ByteDance is working with U.S. chip designer Broadcom (NASDAQ:) on developing an advanced AI processor,...

Japan warns against rapid FX moves, reiterates readiness for action By Reuters

By Makiko Yamazaki and Yoshifumi Takemoto TOKYO (Reuters) -Japan is always ready to take action against excessive market moves, Tokyo's top currency...

Indonesia can keep budget deficit under 3% ceiling, World Bank says By Reuters

JAKARTA (Reuters) - Indonesia's budget deficit is forecast to increase this year and may widen further as President-elect Prabowo Subianto implements his...

China’s Kaisa Group liquidation petition adjourned by Hong Kong court By Reuters

By Clare Jim HONG KONG (Reuters) -A Hong Kong court on Monday adjourned a hearing into a petition seeking liquidation of Kaisa...

Autocracy is ‘evil’, Taiwan president says after China threatens death for separatism By Reuters

By Ben Blanchard TAIPEI (Reuters) - Democracy is not a crime and autocracy is the real "evil", Taiwan President Lai Ching-te said...

Asian stocks fall amid China-EU trade jitters; inflation in focus By Investing.com

Investing.com--Most Asian stocks fell on Monday, with Chinese markets leading losses on the prospect of a trade war with the European Union, while...

China’s fiscal revenue drops 2.8% in January-May By Reuters

BEIJING (Reuters) - China's fiscal revenue fell 2.8% in the first five months of 2024 from a year earlier, accelerating from a...

Hinduja rejigs fundraise plan for Reliance Capital deal

Mumbai: Hinduja Group, the winning bidder for Reliance Capital (RCap), has reworked its fundraising plan by splitting it into two blocks: domestic and...

China wants EU to scrap EV tariffs on EVs by July 4, Chinese state media reports By Reuters

BEIJING (Reuters) - Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China's state-controlled...
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