(Reuters) – China’s e-commerce group JD.Com said its unit Dada Nexus had identified “certain suspicious practices” in an internal audit that may cast doubt on the unit’s online advertising, marketing services revenues and operation costs. Dada said in a separate statement that an estimate of about 500 million yuan ($70 million) of revenues from online …
JD.Com’s Dada identifies ‘suspicious practices’ in internal audit Read More »
By Abhirup Roy and Victoria Waldersee LAS VEGAS (Reuters) – Mercedes-Benz launched a new virtual assistant at the CES electronics trade fair on Monday capable of providing context-based suggestions and engaging in dialogue with users, signalling another step forward in the use of artificial intelligence in cars. Â Â Â The assistant can speak in different tones …
Mercedes launches ‘dialogue partner’ voice assistant Read More »
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much worse than analysts expected as weak consumer demand persisted in many of its businesses even as memory chip prices improved. The world’s largest memory chip, smartphone and TV maker estimated its …
Samsung flags bigger-than-expected Q4 profit drop on weak demand Read More »
(Reuters) – Taiwan’s defence ministry said on Tuesday that it had spotted four Chinese balloons over the Taiwan Strait on Monday, two of which crossed Taiwan island. (Reporting by Ben Blanchard and Beijing newsroom; Editing by Tom Hogue)
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep its key policy rate unchanged at 3.50% for an eighth consecutive meeting on Thursday as inflation eases and until at least Q3 despite some concerns around financial stability, a Reuters poll found. With inflation currently at 3.2%, above the central bank’s 2% target, …
BOK to hold base rate on Jan 11 and not cut until Q3 Read More »
By Bhakti Tambe MUMBAI (Reuters) – India’s largest private port operator, Adani Ports and Special Economic Zone, entered the bond market for the first time in over two years on Monday, with the issue garnering strong demand. The fundraising follows the Supreme Court’s decision that the group is not required to undergo additional investigations beyond …
Adani Ports’ first bond issue in over 2 years lapped up, more coming – bankers Read More »
MUMBAI (Reuters) – Bloomberg Index Services on Monday proposed including eligible Indian bonds in its emerging market local currency index from September, a move that could lead to billions of dollars of inflows into the country. The proposal comes just a few months after JPMorgan said it would include India in its widely tracked emerging …
India bonds may be included in Bloomberg EM index from Sept -statement Read More »
TOKYO (Reuters) – Japanese household spending in November fell 2.9% from a year earlier, down for nine months in a row, government data showed on Tuesday. That was worse than the median market forecast for a 2.3% decline. On a seasonally adjusted, month-on-month basis, spending decreased 1.0%, versus an estimated 0.2% rise. (Reporting by Kantaro …
Japan Nov household spending falls 2.9% year/year Read More »
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. Tokyo markets will reopen on Tuesday after a long weekend with consumer price and spending data to take in early Tuesday and must decide what to make of the strong tech-led rally on Wall Street after Friday’s directionless trading. Later in …
Marketmind- Tokyo traders to get inflation read and wait for US CPI Read More »
By Sudipto Ganguly and Ruma Paul DHAKA (Reuters) – Bangladesh Prime Minister Sheikh Hasina swept to a fourth straight term in power, with her party winning almost 75% of the seats in Sunday’s general election that was boycotted by the main opposition and drew a low turnout. The main opposition Bangladesh Nationalist Party (BNP), which …
Bangladesh PM Hasina secures fourth straight term in vote boycotted by main opposition Read More »
