BEIJING (Reuters) – China’s top diplomat said on Tuesday he hoped the incoming Trump administration would “make the right choice” and work with Beijing, hours after Donald Trump told reporters the COVID-19 pandemic had strained his relationship with “friend” Xi Jinping. “We hope the new U.S. administration will make the right choice and work with …
China, Trump talk up prospects for US-China collaboration Read More »
SEOUL (Reuters) – South Korea’s monetary policy board members said there was a need to respond quickly and preemptively to a slowing economy, as they decided to lower interest rates for a second straight meeting on Nov. 28, according to minutes released on Tuesday. “It is deemed more urgent at this time to respond preemptively …
Bank of Korea board members see need to respond to slowing economy, minutes show Read More »
By Sarita Chaganti Singh, Sudarshan Varadhan NEW DELHI/SINGAPORE (Reuters) -The approach from the Solar Energy Corporation of India (SECI) on Sept. 15, 2021 came out of the blue. The federal agency, tasked with developing the solar sector, wanted to know if the southeastern state of Andhra Pradesh would like to sign India’s largest renewables contract. …
Adani deal under bribery scrutiny was approved against officials’ advice Read More »
By Andrew Chung and David Shepardson WASHINGTON (Reuters) -TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban. TikTok and ByteDance filed …
TikTok turns to US Supreme Court in last-ditch bid to avert ban Read More »
By Kantaro Komiya TOKYO (Reuters) – Space startups in Japan and India said on Tuesday they had agreed to jointly study using laser-equipped satellites to remove debris from orbit, an experimental approach to the increasingly imminent problem of orbital congestion. Tokyo-based Orbital Lasers and Indian robotics company InspeCity said they would study business opportunities for …
Japan, India startups to study laser-equipped satellite to tackle space debris Read More »
SEOUL (Reuters) – South Korea’s central bank governor said on Tuesday the dollar-won exchange rate had risen since the Dec. 3 martial law attempt, but the market was functioning normally and did not show any crisis-like signs that raise concern. The won traded at 1,438.1 per dollar as of 0611 GMT, compared with its two-year …
Bank of Korea chief sees no crisis-like signs in forex market Read More »
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s anti-graft agency raided the headquarters of the central bank in Jakarta on Monday in relation to a probe into alleged mishandling of a corporate social responsibility programme, the agency and the central bank said. The office of central bank Governor Perry Warjiyo was among those raided, …
Indonesia anti-graft body searches central bank’s headquarters Read More »
By Karin Strohecker LONDON (Reuters) -Sri Lanka’s restructuring of $12.55 billion in international bond debt is set to lead to the launch of a series of new, as-yet-untested instruments linked to economic growth and governance. Observers say it is one of the most complex set of instruments ever arranged in a restructuring. The bonds aim …
Sri Lanka’s ambitious governance and macro-linked bonds Read More »
TOKYO (Reuters) – Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week’s policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on Tuesday. The survey was conducted on Dec. 12-16 targeting 150 banks, securities firms, insurers and other financial institutions, ahead of the …
Over 90% of market players expect BOJ to keep rates steady this week, survey shows Read More »
TAIPEI (Reuters) -The mayor of Taiwan’s capital told visiting Chinese officials on Tuesday he hoped for peace and wanted less of the “howls of ships and aircraft” around the island, saying dialogue trumps confrontation. China, which views democratically-governed Taiwan as its own territory, sends warplanes and warships near the island on an almost daily basis, …
Taipei mayor calls for reduced tensions during rare visit of Chinese officials Read More »
