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1 week ago | 
gurutrade.com | Jihoon Lee |Muralikumar Anantharaman |Joe Bavier
SEOUL, June 17 (Reuters) - Board members of South Korea's central bank said it was necessary to continue easing monetary policy to support economic growth, but with caution over associated risks, minutes of their May 29 policy meeting showed on Tuesday.
One member "emphasised the importance of assessing the risks associated with further rate cuts and calibrating the pace accordingly," citing instability in housing prices.
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2 weeks ago | 
today.westlaw.com | Anandita Mehrotra |Sherry Jacob-Phillips |Tasim Zahid |Muralikumar Anantharaman
(Reuters) -Canada's Dundee Precious Metals will acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said on Friday, marking the latest in a string of foreign takeovers of UK firms.
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4 weeks ago | 
hydrogen-central.com | Sam Li |Shri Navaratnam |Muralikumar Anantharaman
Sinopec sets up $690 million hydrogen-energy-focused venture capital fundMay 29 (Reuters) - China's state oil and gas major Sinopec (600028.SS), has established a venture capital fund focused on hydrogen energy, with an initial size of 5 billion yuan ($690 million), the company said in a statement on Thursday.
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1 month ago | 
gurutrade.com | Muralikumar Anantharaman |Edwina Gibbs
TOKYO, May 28 (Reuters) - Japan's struggling Nissan is considering raising more than 1 trillion yen ($7 billion) from debt and asset sales which would include a syndicated loan guaranteed by the UK government, Bloomberg News said on Wednesday.
The country's third-biggest automaker plans to issue as much as 630 billion yen worth of convertible securities and bonds, including high-yielding U.S. dollar and euro notes, Bloomberg News said, citing documents it had seen.
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1 month ago | 
gurutrade.com | Yantoultra Ngui |Muralikumar Anantharaman
SINGAPORE, May 26 (Reuters) - Citigroup has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo.
The appointment as head of Asia South Corporate Bank is effective immediately, the memo seen by Reuters on Monday showed. Citi's Asia South markets comprise India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh and Sri Lanka.
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1 month ago | 
gurutrade.com | Scott Murdoch |Muralikumar Anantharaman |Stephen Coates
SYDNEY, May 16 (Reuters) - China's Foshan Haitian Flavouring and Food Company has received approval from the Hong Kong Stock Exchange to list in the city and it aims to raise about $1 billion, according to two sources with direct knowledge of the matter.
The Shanghai-listed company's proposed deal was approved by the exchange's listing committee on Thursday, the sources said.
Foshan Haitian did not immediately respond to a request for comment from Reuters.
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1 month ago | 
today.westlaw.com | Bill Berkrot |Jonathan Stempel |Muralikumar Anantharaman
(Reuters) - Harvard University has settled a high-profile lawsuit by an Orthodox Jewish student who accused the Ivy League school of ignoring antisemitism on campus. Alexander Kestenbaum, who is known as Shabbos, and Harvard jointly agreed to end the...
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1 month ago | 
today.westlaw.com | Anna Tong |Muralikumar Anantharaman
SAN FRANCISCO (Reuters) -A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan still does not go far enough to safeguard the ChatGPT creator from generating dangerous artificial...
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1 month ago | 
gurutrade.com | Muralikumar Anantharaman |Clarence Fernandez
BEIJING, May 14 (Reuters) - China and Colombia have signed a joint cooperation plan on the Belt and Road Initiative, state media said on Wednesday after their leaders met in Beijing.
Burgeoning commerce in recent years has helped grow Beijing's influence in Latin America and the Caribbean, a region of strategic significance for the United States.
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1 month ago | 
gurutrade.com | Scott Murdoch |Kane Wu |Muralikumar Anantharaman |Stephen Coates
SYDNEY, May 14 (Reuters) - Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company's Hong Kong listing, according to two sources with direct knowledge of the matter, raising about $4.6 billion.
It would be the largest listing globally in 2025, according to LSEG data.
Prospective investors have been told orders for CATL stock made below HK$263 per share risk missing out on allocations, the sources added.
