Category Archives:
Australia’s central bank tapers QE but affirms lower-for-longer rates
By Swati Pandey SYDNEY (Reuters) -Australia's central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than expected though actual rate hike...
Jul 06, 2021
With an eye on elections, Japan’s ruling party considers cash payouts in stimulus plan
By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) - Japan will consider a one-off cash payout of 100,000 yen ($901.55) to its low-income citizens to ease growing social disparity caused by the ...
Jul 06, 2021
Danish fintech Pleo raises $150 million at valuation of $1.7 billion
STOCKHOLM (Reuters) - Danish fintech Pleo, which offers expense management tool and smart company cards, on Tuesday raised $150 million at a valuation of about $1.7 billion from U.S. investment firms ...
Jul 06, 2021
Gojek-backed Bank Jago aims to leverage tech giant’s data
By Tabita Diela JAKARTA (Reuters) - Indonesia's Bank Jago aims to crunch transaction data supplied by local technology giants to create customer profiles and market financial products, as the digital ...
Jul 05, 2021
Russia backs ASEAN position on Myanmar crisis – foreign minister
JAKARTA (Reuters) - Russia strongly supports the Association of Southeast Asian Nations' (ASEAN) five-point position on resolving the crisis in Myanmar and conveyed a similar message to the country's ...
Jul 05, 2021
Hong Kong police arrest nine suspected of terrorist activities
HONG KONG (Reuters) - Hong Kong police said on Tuesday they had arrested nine people, including six secondary students, on suspicion of terrorist activities, the latest to be targeted under a sweeping...
Jul 05, 2021
NHL-Montreal beat Tampa Bay to keep alive Stanley Cup hopes
By Frank Pingue (Reuters) -Montreal netminder Carey Price kept alive his team's slim hopes of winning the Stanley Cup as the Canadiens emerged with a 3-2 overtime victory over the defending champion T...
Jul 05, 2021
Smart foam material gives robotic hand the ability to self-repair
By Travis Teo and Lee Ying Shan SINGAPORE (Reuters) - Singapore researchers have developed a smart foam material that allows robots to sense nearby objects, and repairs itself when damaged, just like ...
Jul 05, 2021
Deutsche Bank launches indexes to track 21 emerging market currencies
(Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market (EM) currencies, indicating a growing relevance and importanc...
Jul 05, 2021
NZ business outlook rebounds sharply, triggering rate hike speculation
By Praveen Menon WELLINGTON (Reuters) - New Zealand's business confidence improved sharply in the second quarter as the COVID-free economy surged, prompting the New Zealand dollar to surge as investor...
Jul 05, 2021
