Most Read Today

Japan's jobless rate steady at 2.4% in February - govt

01h33 Japan's jobless rate held steady while the availability of jobs dropped in February, government data showed on Tuesday.. . .  Full story

S.Korea's Feb factory output contracts most in over 11 years

01h28 South Korea's factory output contracted at its sharpest pace in more than 11 years in February, official data showed on Tuesday, adding to evidence of a sharp economic blow from the coronavirus pandemic.. . .  Full story

Most Read Yesterday

EXCLUSIVE-India's Reliance seeks to sell Mideast crude cargoes in rare move

30/03 India's Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to cut crude processing after the coronavirus pandemic hit global fuel demand, four sources said on. . .  Full story

G20 trade ministers meet by video to tackle coronavirus disruptions

30/03 Trade ministers from the Group of 20 major economies agreed on Monday to keep their markets open and ensure the continued flow of vital medical supplies, equipment and other essential goods as the world battles. . .  Full story

South African rand touches all-time low after Moody's pulls the plug

30/03 South Africa's rand hit an all-time low on Monday after ratings firm Moody's removed the country's last investment grade credit rating and downgraded it to "junk" status - although the selloff. . .  Full story

Goldman, Morgan Stanley receive approvals for majority stakes in China ventures

27/03 Goldman Sachs and Morgan Stanley said on Friday they had received the final regulatory approvals to take majority stakes in their China securities joint ventures, as Beijing continues to open its financial sector to foreigners.. . .  Full story

Private equity readies for surge in China buyouts on virus, succession woes

27/03 Private equity groups are beefing up warchests and hiring investment professionals to tap an expected buyout boom in China following the coronavirus outbreak and as founders in some traditional businesses execute succession plans.. . .  Full story

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India's Yes Bank plunges 35% as central bank takes control

06/03 Shares in India's Yes Bank dropped nearly 35% on Friday to their lowest in more than a decade, after the central bank took control and set a limit on withdrawals because of a serious. . .  Full story

Indian shares tumble again as coronavirus fears grow

18/03 Indian shares skidded over 6% in the waning moments of trading on Wednesday, with financial stocks suffering the most, as fears of the economic damage from the coronavirus pandemic eclipsed sweeping stimulus moves from policymakers. . .  Full story

EXCLUSIVE-India's Reliance seeks to sell Mideast crude cargoes in rare move

30/03 India's Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to cut crude processing after the coronavirus pandemic hit global fuel demand, four sources said on. . .  Full story

Shoprite hit by challenges in Africa's frontier markets

26/02 Africa's largest supermarket group Shoprite reported on Tuesday its first half-year earnings decline in over a decade, hit by a currency devaluation in Angola, highlighting the challenges of doing business in frontier African markets.. . .  Full story

Indian shares rise in choppy trade; metals, Yes Bank jump

17/03 Indian shares rose in volatile trade on Tuesday, mirroring gains in U.S. stock futures amid hopes of further government support to combat the coronavirus outbreak, which has disrupted businesses and stoked fears of a global. . .  Full story

Banks, regulators move to protect customers from wave of coronavirus scams in UK, US

24/03 UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus government. . .  Full story

Indian shares plunge as Yes Bank woes hit banking stocks

06/03 Indian shares tumbled on Friday, as banking stocks came under pressure after the country's central bank placed troubled lender Yes Bank under a moratorium and took over its board.. . .  Full story

S.Africa pumps-up liquidity, mulls shorter trade hours to ease coronavirus strain

21/03 South Africa's central bank announced a raft of emergency liquidity measures on Friday to ease the stress on banks caused by the coronavirus outbreak, while the stock exchange regulator may take its own steps. . .  Full story

S.Africa's Investec profit to drop by up to 23% as coronavirus bites

20/03 South Africa's Investec warned on Friday that its full-year profits would drop by up to 23%, with coronavirus expected to deal a further blow to a company already struggling with tough. . .  Full story

Oil falls 7% after Trump surprises with travel curbs

12/03 Brent crude slid 7% on Thursday after President Donald Trump restricted travel to the United States from Europe as part of measures to try to halt the spread of coronavirus after the World Health. . .  Full story

India's Yes Bank administrator says deal with bondholders 'in process'

11/03 The administrator of India's Yes Bank told Reuters a deal with some bondholders who have opposed a state-led rescue was under discussion, possibly clearing the way for a restructuring of the stricken lender.. . .  Full story

India's embattled Yes Bank debt writedown to hit sector capital-raising

09/03 The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and. . .  Full story