S.Korea's slowest exports growth in 19 months adds to global recession fears

SEOUL (Reuters) -South Korea's June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening the trade gap and fuelling concerns about a global recession.

newspaper

01-07-2022

Tokyo June core consumer prices rise at fastest pace in 7 years

TOKYO (Reuters) -Core consumer prices in Japan's capital Tokyo rose 2.1% in June from a year earlier, data showed on Friday, marking the fastest pace of increase in seven years in a sign of broadening inflationary pressure from higher commodity and fuel costs.

newspaper

01-07-2022

DE Shaw, execs must pay $52 million to ex-money manager, arbitration panel says

NEW YORK (Reuters) -The prominent U.S. hedge fund DE Shaw and four senior executives must pay $52.1 million to a former top money manager who accused the firm of defamation, an arbitration panel ruled.

newspaper

30-06-2022

DE Shaw, executives must pay $52 million to ex-money manager, arbitration panel says

The prominent U.S. hedge fund DE Shaw and four senior executives must pay $52.1 million to a former top money manager who accused the firm of defamation, an arbitration panel ruled.

newspaper

30-06-2022

Swiss gear up for hard times with bulked up food reserves

Switzerland wants to expand its emergency food reserves to make sure the neutral country is not hit by shortages of coffee, grain and sugar caused by over-extended supply chains, climate change and conflicts like Ukraine.

newspaper

30-06-2022

Chinese tech giants vow to stop NFT secondary trading -state media

Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and "self-regulate" their activities in the market, Chinese state media reported on Thursday.

newspaper

30-06-2022

China's factory, service sectors shake off 3 months of lockdown pain

China's factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending.

newspaper

30-06-2022

China's June factory, services activity expands for first time in four months

China's factory activity snapped three months of decline in June, as authorities lifted a strict lockdown in Shanghai, buoying growth in production and new orders, while the rebound in services sector pressed on.

newspaper

30-06-2022

China's factory activity expands for first time in four months- official PMI

China's factory activity expanded for the first time in four months, after authorities ended the lockdown in Shanghai, although growth missed analysts' expectations, an official survey showed on Thursday.

newspaper

30-06-2022