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CNA Economy Full text
SYDNEY, Oct 1 : Influential proxy adviser Institutional Shareholder Services has urged Australian Securities Exchange investors to vote against its pay plans, saying executive bonuses were "misaligned" with its recent performance.ISS said…
CNA Economy Full text
TOKYO, Oct 1 : Japanese Prime Minister Sanae Takaichi said the administration's efforts to boost the country's economic competitiveness will help ensure market confidence in the yen, according to a recorded interview aired by Nippon…
CNA Economy Full text
TOKYO: Some Bank of Japan policymakers saw the need to accelerate the pace of interest rate rises or bring them closer to the central bank's "goal" soon, a summary of opinions at its September meeting showed, heightening the chance of more…
CNA Economy Full text
Oct 1 : Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a supportive macroeconomic backdrop and a resumption of ETF inflows.The brokerage increased its target for bitcoin to $113,000 from…
CNA Economy Full text
SEOUL, Oct 1 : Round-up of South Korean financial markets:** South Korean shares recouped early losses to end nearly 2 per cent higher on Thursday, led by gains in chipmakers after domestic trade data smashed forecasts to hit a fresh…
CNA Economy Full text
OSLO, Oct 1 : Nokia and Iceye will develop satellite communications systems for governments and defence contractors, supporting missions from military and border security to emergency services and disaster response, the companies said on…
CNA Economy Full text
HANOI, Oct 1 : Vietnam will move all its listed stocks to the main Ho Chi Minh City Stock Exchange in late December, completing a long-planned market restructuring and ending equity trading on the Hanoi Stock Exchange. The announcement…
CNA Economy Full text
TOKYO, Oct 1 : Japan's biggest power generator JERA will partner with Dell Technologies and UK-based AI infrastructure developer RHAELM to accelerate the development of AI infrastructure in Japan, the three companies said on Thursday.They…
CNA Economy Full text
Oct 1 : Suncorp said on Thursday it was not in discussions regarding a takeover and had not received an offer, following a media article linking the Australian insurer with Japan's Tokio Marine. • In a response to a query from the…
CNA Economy Full text
KUALA LUMPUR, Oct 1 : Malaysia Aviation Group, the parent of national carrier Malaysia Airlines, said on Thursday it has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering.• The proposed acquisition…
CNA Economy Full text
Oct 1 : EU officials are questioning Binance over its use of a legal exemption to continue serving customers in the region despite an order to wind down its business in the bloc, the Financial Times reported on Thursday, citing people…
CNA Economy Full text
HO CHI MINH CITY, Oct 1 : Danish jewellery maker Pandora opened a $150 million factory in Ho Chi Minh City on Thursday, its largest manufacturing facility and its first production site outside Thailand as it bids to diversify its…
CNA Economy Full text
HANOI, Oct 1 : Vietnam is extending a package of fuel-tax relief measures to the end of 2026, after having introduced them earlier this year to help stabilise the domestic market amid supply concerns due to war in the Middle East.•…
CNA Economy Full text
Sept 30 : AI agents tried to hack into a Canadian government website, an AI research firm said on Wednesday.The agents attempted to access Library and Archives Canada on May 8 and on June 9, AI research firm Transluce said in a blog…
CNA Economy Full text
DFI Retail Group said on Wednesday (Sep 30) its unit will assume Maxim's Caterers' existing interests in the Starbucks -licensed business across seven Asian markets, as part of a reorganisation initiative.Maxim's will pay DFI US$340…
CNA Economy Full text
Oct 1 : Malaysian state energy firm Petronas said on Thursday that Trans Thai-Malaysia (Thailand), its joint venture with Thailand's PTT, had temporarily shut the Songkhla Export Pipeline after identifying an issue during a routine…
CNA Economy Full text
NEW DELHI/TOKYO, Oct 1 : Oil prices fell 1 per cent on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors weighed renewed US-Iran diplomatic efforts to end their…
CNA Economy Full text
TOKYO, Oct 1 : Oil prices were nearly flat in early Asia trade on Thursday, following the previous day's gains and steep monthly rises, as investors assessed the outcome of US-Iran peace talks and the outlook for Middle East crude…
CNA Economy Full text
SEOUL, Oct 1 : South Korea's factory activity grew in September at the strongest pace in four months, as export demand hit the fastest pace in 15-1/2 years led by the chip and auto sectors, a survey showed on Thursday. • The purchasing…
CNA Economy Full text
TOKYO, Oct 1 : Japan's manufacturing sector expanded at its weakest pace in six months in September as output and new order growth slowed, a business survey showed on Thursday.• The S&P Global Japan Manufacturing Purchasing Managers' Index…
CNA Economy Full text
SEOUL, Oct 1 : South Korea has been ordered to pay Elliott Investment Management about $48.49 million plus interest after an arbitration tribunal ruled the government's involvement in the 2015 merger of Samsung C&T and Cheil Industries was…
CNA Economy Full text
SEOUL, Oct 1 : South Korea has been ordered to pay US hedge fund Elliott about $48.49 million plus interest after a tribunal ruled the government's involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to…
CNA Economy Full text
SEOUL, Oct 1 : South Korea's exports jumped 83.5 per cent in September from a year earlier to post a record monthly high, customs data showed on Thursday. Semiconductor shipments, fuelled by global spending on artificial intelligence, also…
CNA Economy Full text
TOKYO, Oct 1 : Japanese manufacturers' confidence hit an eight-year high over July-September but non-manufacturers' mood soured, a central bank survey showed, painting a mixed picture of the economy that may soften the chance of a…
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