Factbox: Five facts about China asset manager whose troubles fanned spillover fears

[ad_1] An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, March 21, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights BEIJING/SHANGHAI, Aug 17 (Reuters) – A…

Exclusive: Thailand’s KBank in talks to buy Vietnam lender in up to $1 bln deal – sources

[ad_1] The headquarters of Kasikorn Bank are pictured in Bangkok, Thailand, January 5, 2016. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing Rights HANOI/SINGAPORE, Aug 22 (Reuters) – Thailand’s second-biggest lender Kasikornbank (KBANK.BK)…

Reliance’s Jio Financial falls 5% in market debut, valued at $19 billion

[ad_1] BENGALURU, Aug 21 (Reuters) – Shares of India’s Jio Financial Services (JFS) (JIOF.NS), carved out of billionaire Mukesh Ambani-led Reliance Industries (RELI.NS), fell as much as 5% in their…

India’s Muthoot Finance posts first quarterly profit growth in six quarters

[ad_1] A female customer looks at gold bangles at a jewellery shop in Mumbai October 8, 2009. REUTERS/Arko Datta/File Photo BENGALURU, Aug 11 (Reuters) – India’s Muthoot Finance (MUTT.NS) reported…

India’s Tata Capital plans to raise 280 bln rupees via debt in FY24 – official

[ad_1] MUMBAI, Aug 9 (Reuters) – India’s Tata Capital plans to raise 280 billion rupees ($3.38 billion) mainly through debt instruments and bank lines in the current financial year to…

Australia’s CBA posts record FY profit, says arrears rising amid cost pressure

[ad_1] A man uses a Commonwealth Bank of Australia ATM in Sydney, Australia, April 19, 2018. REUTERS/Edgar Su/File Photo FY23 cash profit beats estimates Record FY23 total dividend of A$4.50/share…

Analysis: Sweden faces recession as housing market troubles take toll on economy

[ad_1] Swedish economy expected to shrink in 2023 Households cut spending as mortgage costs rise Housing starts seen collapsing Problems with housing market not easily fixed STOCKHOLM, March 15 (Reuters)…

Indian shares rise on auto, financials boost; CPI data awaited

[ad_1] People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas BENGALURU, July 12 (Reuters) – Auto and financial stocks boosted Indian shares…

SoFi shares hit 17-month high after Q2 results beat estimates

[ad_1] NEW YORK, July 31 (Reuters) – Shares of SoFi Technologies Inc (SOFI.O) rose by more than 22% on Monday, hitting highest level in more than a year, after the…

U.S. publishes list of Chinese and Russian firms with military ties

[ad_1] Dec 21 (Reuters) – The Trump administration on Monday published a list of Chinese and Russian companies with alleged military ties that restrict them from buying a wide range…