Reuters Asia - Squid Business

Cricket-Slingy Pathirana can be Sri Lanka’s asset with reduced workload – Dhoni

NEW DELHI (Reuters) – Chennai Super Kings captain Mahendra Singh Dhoni believes Matheesha Pathirana could become a limited-overs asset for Sri Lanka with a light workload that does not include any test cricket. Operating with a slingy action, Pathirana has proved his death-overs skills in the Indian Premier League (IPL) inviting comparisons with compatriot Lasith …

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Thai voters cast early ballots one week before election

BANGKOK (Reuters) – Many Thais lined up on Sunday in long queues to vote early in parliamentary elections scheduled for May 14. More than 2 million Thais had registered for early voting out of 52 million eligible voters who are aged 18 and above, according to the country’s election commission. “I wish to see change …

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China forex reserves rise to $3.205 trln in April

BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major currencies. The country’s foreign exchange reserves – the world’s largest – rose $21 billion to $3.205 trillion last month, compared with $3.192 trillion tipped by a Reuters poll of analysts …

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Australian Treasurer urges parliament to back petroleum tax changes

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers urged minor political parties on Sunday to back proposed changes to the Petroleum Resource Rent Tax (PRRT) paid by the offshore LNG industry, as the industry’s lobby group welcomed the move. The government estimates the changes, which would hike tax paid by the industry, will lift revenue by …

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Buffett says more comfortable with investments in Japan than Taiwan

By Jonathan Stempel and John McCrank OMAHA, Nebraska (Reuters) – Warren Buffet on Saturday said he is more comfortable with Berkshire Hathaway Inc deploying capital in Japan than Taiwan, reflecting the growing tensions between the United States and China. The billionaire investor contrasted Berkshire’s recently increased investments in five Japanese trading houses with its recent …

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India verifying cause of deaths in tension-hit northeast state

By Zarir Hussain GUWAHATI, India (Reuters) – Authorities in India’s northeastern state of Manipur are investigating if the death of 18-20 people in the last few days was due to recent clashes between tribal and non-tribal groups, a government official said. There have been incidents of looting and arson in parts of the remote state …

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Rohingya say will not go home to Myanmar to be stuck in camps

By Ruma Paul DHAKA (Reuters) -Rohingya refugees in Bangladesh said on Saturday they would not return to Myanmar to “be confined in camps” after making their first return visit as part of efforts to encourage their voluntary repatriation. Nearly a million Rohingya Muslims live in squalid camps in the Bangladeshi border district of Cox’s Bazar. …

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China’s Hozon to produce EVs in Thailand for Southeast Asian market

BANGKOK (Reuters) – China’s Hozon New Energy Automobile will make electric vehicles in Thailand for the Southeast Asian market, a Thai official said on Saturday, as it follows others in building facilities in the region’s major auto production hub. Hozon signed an agreement with Thailand’s Bangchan General Assembly this week to start production of its …

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COVID global emergency over but risks remain, says China health official

SHENZHEN, China (Reuters) – While the World Health Organization (WHO) has declared an end to the global emergency status for COVID-19, the virus remains harmful and China will continue to monitor it while increasing vaccinations among high-risk groups, a top Chinese health official said. The WHO ended its highest level of alert for COVID on …

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Temasek considers investing $100 million in Indian jeweller BlueStone -sources

By Chris Thomas and Yantoultra Ngui BENGALURU/SINGAPORE (Reuters) – Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The investment would value Bengaluru-based BlueStone, also backed by venture capital firm Accel and Indian industrialist Ratan …

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