Reuters Asia - Squid Business

Japan’s bankruptcies set to hit 11-year high in 2024, data shows

TOKYO (Reuters) – Japan’s bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research (TSR) showed on Monday, ahead of a closely watched central bank meeting next week. In November, 841 Japanese companies went bankrupt, bringing the January-November tally to 9,164, already exceeding last …

Japan’s bankruptcies set to hit 11-year high in 2024, data shows Read More »

Citigroup’s Harish Raman given expanded Asian ECM role

SYDNEY (Reuters) – Citigroup has appointed Harish Raman as the head of its equity capital markets (ECM) execution, origination and solutions business for Asia North, Asia South and Australia, according to a memo seen by Reuters on Monday. Raman will also retain his current title as the head of equity capital markets syndicate for Asia, …

Citigroup’s Harish Raman given expanded Asian ECM role Read More »

China’s Nov exports likely grew 8.5% as factories shift stocks overseas: Reuters poll

By Liz Lee and Joe Cash BEIJING (Reuters) – China’s exports likely grew in November, slower than last month’s bumper data but continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming U.S. administration. Outbound shipments are expected to have risen 8.5% year-on-year by value in November, the …

China’s Nov exports likely grew 8.5% as factories shift stocks overseas: Reuters poll Read More »

China’s inflation weakens as new risks cloud horizon

BEIJING (Reuters) -China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing’s recent efforts to shore up faltering economic demand are having only limited impact. The world’s second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still …

China’s inflation weakens as new risks cloud horizon Read More »

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) -Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward revisions in capital investment and exports, keeping alive market expectations for a near-term interest rate hike by the central bank. But a downward revision on consumption underscores the fragile nature of the …

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations Read More »

Indian rupee, bonds to take cues from inflation prints

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee is expected to be range-bound, along with government bond yields, as they take cues from local and U.S. inflation data this week that is likely to influence expectations of potential rate cuts by central banks. The rupee closed at 84.6875 against the U.S. …

Indian rupee, bonds to take cues from inflation prints Read More »

Japan’s main opposition leader calls for gradual BOJ rate hikes

By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan must raise interest rates and continue phasing out a controversial stimulus programme blamed for causing unwelcome yen declines, Yoshihiko Noda, leader of the country’s biggest opposition party, told Reuters on Friday. Noda said in an interview that Japan needs to focus more on …

Japan’s main opposition leader calls for gradual BOJ rate hikes Read More »

Extreme heat puts garment factory workers at risk, study shows

By Helen Reid LONDON (Reuters) – Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address. New European Union regulations make retailers …

Extreme heat puts garment factory workers at risk, study shows Read More »

Morning Bid: China inflation eyed, global political uncertainty bubbling up

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Attention turns to China on Monday and the release of November inflation data, with global investor sentiment broadly upbeat as the relentless rally on Wall Street continues but tempered by an increasingly volatile geopolitical backdrop. The toppling of Syrian President Bashar …

Morning Bid: China inflation eyed, global political uncertainty bubbling up Read More »

Cricket-Australia tickled pink after levelling series at Adelaide fortress

(Reuters) -A wounded Australia roared back into the five-test series against India with a 10-wicket victory at their happy hunting ground in Adelaide on Sunday that saw them reclaim the lead in the World Test Championship (WTC) standings. The hosts had crumbled to a comprehensive defeat by a depleted Indian side in the series opener …

Cricket-Australia tickled pink after levelling series at Adelaide fortress Read More »