Notizia

U.S. private equity firm Lone Star Funds said it was disappointed in the amount an international tribunal ordered South Korea to pay as damages over its sale of Korea Exchange Bank, according to a statement received on Thursday.

A new wave of big private equity players including KKR & Co is moving in on Japan's property market, drawn by attractive yield spreads with Japan's low interest rates and by prospective deals with companies that hold under-utilised assets.

(Reuters) -Snap Inc said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and novelties like a flying drone camera, as high inflation and a deteriorating economy continue to ravage the advertising industry.

Snap Inc said on Wednesday revenue growth in the third quarter is running at the slowest rate in the company's history, as high inflation, rising interest rates and a deteriorating economy continues to ravage the advertising industry.

Pilots at Lufthansa's subsidiary Eurowings voted in favour of strike action on Wednesday but first want to continue wage negotiations with their employer, said pilots' union VC.

TOKYO (Reuters) -Bank of Japan board member Junko Nakagawa on Wednesday warned of risks to the country's fragile economy such as the chance of rising living costs hurting household spending, highlighting the need to keep monetary policy ultra-loose for the time being.

Korean Deputy Trade Minister Ahn Sung-il raised concerns on Tuesday with the Biden administration over the revamped $7,500 electric vehicle tax credit that makes vehicles assembled outside North America ineligible.

(Reuters) -U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the influential chief of the New York Fed saying the central bank will likely need to get its policy rate "somewhat above" 3.5% and keep it there through the end of 2023.

China's three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions including a strict COVID-related lockdown in Shanghai.