By Kevin Buckland OTTAWA (Reuters) – Currency markets calmed on Monday in Asia after the initial shock of Omicron’s discovery sent investors scurrying for cover last week, but analysts warned of more volatility with little...
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Evergrande shares fall after chairman cuts stake; Fantasia suspends trading
HONG KONG (Reuters) – Shares in China Evergrande Group fell as much as 4.8% on Monday morning, after its chairman trimmed his stake in the cash-strapped property developer to raise about $344 million. The group’s electric...
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Japan October retail sales boosted by fuel-price spike, broad trend still soft
By Kantaro Komiya and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s retail sales rose for the first time in three months in October, though less than expected, and the underlying private consumption trend pointed to persistent...
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Amazon asks India antitrust body to revoke Reliance-Future deal approval
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) -Amazon has asked India’s antitrust regulator to revoke its approval for Future Retail’s $3.4 billion sale of retail assets to Reliance, saying it was “illegally...
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Even in tech hub Shenzhen, China’s property market succumbs to chills
By David Kirton SHENZHEN, China (Reuters) – Life used to be good for Jerry Tang, who left his rural hometown in 2014 to become a real estate agent in Shenzhen – China’s tech megacity and one of the world’s hottest...
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Australia’s economy likely contracted in Q3 but recovery expected soon: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – Australia’s economy likely contracted in the third quarter as fresh lockdowns weighed on consumer spending and investments, but the extent of the fall was milder than the historic...
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