Japan's household spending slips for third straight month

Japan's household spending posted a surprise drop in May, falling for the third consecutive month in a worrying sign for the long-term outlook of the world's third-largest economy.

newspaper

08-07-2022

Face-recognition business puts SoftBank between China, U.S

A SoftBank-owned company is thriving by offering face-recognition technology fuelled by a blacklisted Chinese firm to the likes of Mastercard and Visa, an opportunity for the Japanese conglomerate, fraught with geopolitical and privacy risks.

newspaper

07-07-2022

Exclusive-KKR to launch its two first ESG credit funds

Private equity firm KKR & Co Inc is preparing to launch its first two credit funds dedicated to investing based on environmental, social and corporate governance (ESG) principles later this year, according to an internal memo seen by Reuters.

newspaper

07-07-2022

Instant View: FOMC members rallied around June's 75 bp hike

A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S. central bank officials to rally around an outsized interest rate increase and a firm restatement of its intent to get prices under control, minutes of the June 14-15 policy meeting showed.

newspaper

06-07-2022

Sequoia China raises $9 billion amid hopes crackdown is easing -source

HONG KONG (Reuters) -Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a regulatory crackdown on the tech sector, said a person with direct knowledge of the matter.

newspaper

06-07-2022

Sequoia China raises $9 billion amid hopes crackdown is easing - source

Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a regulatory crackdown on the tech sector, said a person with direct knowledge of the matter.

newspaper

06-07-2022

Alberta to intervene in antitrust review of Rogers, Shaw deal

OTTAWA (Reuters) -The Canadian province of Alberta plans to intervene in a competition review of Rogers Communications Inc's C$20 billion ($15.33 billion) purchase of Shaw Communications Inc, the provincial attorney general said on Tuesday.

newspaper

05-07-2022