Reuters was first to report that a merger between the Indian unit of Japan’s Sony and Zee Entertainment to create a $10 billion TV enterprise will potentially hurt competition by having “unparalleled bargaining power”. A confidential notice detailing the Indian…
Reuters was first to report that many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western sanctions over Russia’s invasion of Ukraine. Nayara per se has not…
Reuters was first to report China’s EVE Energy Co will supply BMW with large cylindrical batteries for its electric cars in Europe, as the German automaker follows Tesla in adopting the new technology. EVE has signed contracts to be BMW’s…
Reuters exclusively revealed China’s banking regulator is scrutinising property loan portfolios of some local and foreign lenders to assess systemic risks, as a crisis in the real estate sector worsens and weighs heavily on the economy. As part of their…
Reuters was first to report Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and India, to talks on bilateral debt restructuring as it seeks a way out of its worst economic crisis…
Reuters shed light into how, from $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such “aspirational” purchases. Executives are troubled in particular by…
Reuters was first to report Indian companies are using Asian currencies more often to pay for Russian coal imports, avoiding the U.S. dollar and cutting the risk of breaching Western sanctions against Moscow. India has aggressively stepped up purchases of…
Reuters provided insight into how Prime Minister Fumio Kishida’s search for the next Bank of Japan governor will intensify in coming months with a small but possible chance of a dark horse getting the job. Kishida gave some key posts…