Author: admin

SEOUL, Dec 3 : South Korea’s economy expanded by 1.3 per cent in the third quarter, revised central bank data showed on Wednesday, faster than the bank’s earlier estimate of 1.2 per cent.

It was the fastest quarterly growth since the fourth…

(Changes order of companies in paragraph 10)

By Milana Vinn and Dawn Chmielewski

NEW YORK, Dec 2 : Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling…

SINGAPORE: While working for American reinsurance firm Guy Carpenter, two brokers lured a big client away to a new reinsurer that they helped to set up in Singapore, and which was to be their future employer.

Guy Carpenter estimated that the loss…

Dec 3 : Two stories both headlined “Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say”, carried on Dec 2 and updated on Dec 3 are wrong and have been withdrawn. There will be no replacement story at this…

MANILA, Dec 3 : A slower growth outlook for the Philippines raises the chances of another policy rate cut at a policy review next week, the central bank governor said on Wednesday. 

Bangko Sentral ng Pilipinas Governor Eli Remolona said growth…

HANOI, Dec 3 : Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox gaming devices and other electronic parts, according to a company document sent to Bac…

SAN FRANCISCO, Dec 2 : Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish forecast for its next fiscal year.

Marvell’s shares were up about 13 per cent in…

DUBAI, Dec 3 : World Liberty Financial, a crypto venture backed by U.S. President Donald Trump’s family, will launch its suite of real-world asset products at the beginning of the first quarter in January, co-founder Zach Witkoff announced on…

BANGKOK, Dec 3 : Thailand’s annual headline inflation rate was negative for an eighth month in November, driven by falling energy prices and government support measures, but the commerce ministry said on Wednesday it expected consumer prices to…

HOUSTON, Dec 3 : Oil prices settled higher on Wednesday after the U.S. and Russia failed to reach a deal to end the war in Ukraine that could have eased sanctions on Moscow’s oil sector, though gains were held back by fears of oversupply.

Brent…