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India's Shami keeps white-ball focus after ending test career
Asia

India's Shami keeps white-ball focus after ending test career

Nov 7 (Reuters) - India fast bowler Mohammed Shami said he would continue playing white-ball cricket and remain available for domestic multi-day matches after retiring from test cricket on Friday, bri

GFM News• 2 days ago
Coca-Cola's India bottler Hindustan Coca-Cola files for IPO
Asia

Coca-Cola's India bottler Hindustan Coca-Cola files for IPO

BENGALURU, Nov 7 (Reuters) - Hindustan Coca-Cola Holdings, India's largest Coca-Cola bottler, has filed for an initial public offering consisting entirely of a stake sale by its majority shareholder,

GFM News• 2 days ago
Egypt reopens embassy in Libya's Tripoli after 12-year closure
Asia

Egypt reopens embassy in Libya's Tripoli after 12-year closure

TRIPOLI, Nov 7 (Reuters) - Egypt reopened its embassy in Libya's capital Tripoli on Saturday after a 12-year absence, marking a rapprochement with the country's western-based administration, the forei

GFM News• 2 days ago
India probes Future Retail in alleged bank fraud case
Asia

India probes Future Retail in alleged bank fraud case

Nov 6 (Reuters) - India's federal crime fighting agency said on Friday it has registered a case against Future Retail and its founder Kishore Biyani over an alleged bank fraud involving 9.04 billion r

GFM News• 3 days ago
India's gold demand picks up as Diwali coincides with price dip
Asia

India's gold demand picks up as Diwali coincides with price dip

MUMBAI, Nov 6 (Reuters) - Gold demand in India picked up at the start of a key festival on Friday as prices slid to a seven-month low, drawing back bargain hunters who had stayed on the sidelines for

GFM News• 3 days ago
Japan's real wages rise for ninth month in September, backing BOJ rate hike
Asia

Japan's real wages rise for ninth month in September, backing BOJ rate hike

TOKYO, Nov 6 (Reuters) - Japan's real wages rose 2.2% in September from a year earlier, marking the ninth consecutive month of gains, government data showed on Friday, supporting the case for the Bank

GFM News• 4 days ago
Japanese savers have rediscovered interest rates and banks are feeling it
Asia

Japanese savers have rediscovered interest rates and banks are feeling it

TOKYO, Nov 6 (Reuters) - For years, Japanese savers left their cash in bank accounts that paid next to nothing because few things paid much more. With government bonds now yielding four times as much

GFM News• 4 days ago
India markets regulator reviews startup-listing platform rules
Asia

India markets regulator reviews startup-listing platform rules

Nov 4 (Reuters) - India's markets regulator on Wednesday said it had set up a working group to review a startup-listing platform that has seen little activity more than a decade after its launch. The

GFM News• 5 days ago
India's Aurobindo Pharma's quarterly profit rises by a third on strong US demand
Asia

India's Aurobindo Pharma's quarterly profit rises by a third on strong US demand

Nov 4 (Reuters) - Indian drugmaker Aurobindo Pharma (ARBN.NS), opens new tab reported a nearly 33% rise in second-quarter profit on Wednesday, led by strong demand and volume gains in its US market.

GFM News• 5 days ago
Singapore's DBS third-quarter net profit falls 5% on year, misses forecasts
Asia

Singapore's DBS third-quarter net profit falls 5% on year, misses forecasts

SINGAPORE, Nov 5 (Reuters) - DBS Group (DBSM.SI), opens new tab, Singapore's biggest bank, posted on Thursday a 5% fall ⁠in net profit in the third quarter from a year earlier, mainly on a decline in

GFM News• 5 days ago
India's Equitas Small Finance Bank appoints interim CEO after chief quits
Asia

India's Equitas Small Finance Bank appoints interim CEO after chief quits

BENGALURU, Nov 3 (Reuters) - India's Equitas Small Finance Bank (EQUI.NS), opens new tab named Balaji Nuthalapadi as interim chief executive officer on Tuesday, days after long-time CEO P N Vasudevan

GFM News• 6 days ago
China stock re-lending applications hit nearly $30 billion
Asia

China stock re-lending applications hit nearly $30 billion

BEIJING, Nov 4 (Reuters) - Applications to the People's Bank of China for share repurchase and re-lending has exceeded 200 billion yuan ($29.98 billion), the central bank ⁠said on Wednesday. The cent

GFM News• 6 days ago
India rupee's recovery may find fresh legs from equity flows, dollar weakness
Asia

India rupee's recovery may find fresh legs from equity flows, dollar weakness

MUMBAI, Nov 4 (Reuters) - The Indian rupee's ongoing recovery will draw support on Wednesday from a revival in equity inflows and a dip in the dollar amid US election results indicating momentum for t

GFM News• 6 days ago
Indian shares set to extend advance on softer oil, steady earnings
Asia

Indian shares set to extend advance on softer oil, steady earnings

Nov 3 (Reuters) - Indian shares are expected to open higher on Tuesday, building on three sessions of gains, as strong company earnings, easing crude oil prices and early signs of foreign investors re

GFM News• 7 days ago
South Korea October headline inflation moderates ahead of expected rate hike
Asia

South Korea October headline inflation moderates ahead of expected rate hike

SEOUL, Nov 3 (Reuters) - South Korea's headline inflation slowed in October, government data showed on Tuesday, providing a slight reprieve for central bankers but remaining firmly above target. Cons

GFM News• 7 days ago
Hong Kong telecom company agrees to halt US operations under pressure
Asia

Hong Kong telecom company agrees to halt US operations under pressure

WASHINGTON, Oct 30 (Reuters) - HKT, a leading Hong Kong telecom carrier and subsidiary of PCCW Ltd (0008.HK), opens new tab, on Friday agreed to halt its operations in the United States under pressure

GFM News• 9 days ago
India to meet liquor firms as domestic giants join foreign peers in Scotch dispute
Asia

India to meet liquor firms as domestic giants join foreign peers in Scotch dispute

NEW DELHI, Oct 31 (Reuters) - India's government will hold talks with liquor companies on Monday after domestic firms joined Diageo and Pernod in expressing alarm about a federal investigation into bu

GFM News• 9 days ago
CNBC's The China Connection newsletter: The 'cliff' beneath China's cities
Asia

CNBC's The China Connection newsletter: The 'cliff' beneath China's cities

* The IMF pressed the U.S. and Europe to rein in debt but says China needs to spend more. * Nomura described China's spending as a "fiscal cliff" that has dragged on growth. * Institutions want Beij

GFM News• 14 days ago
South Korea's economy grows faster than expected in third quarter
Asia

South Korea's economy grows faster than expected in third quarter

SEOUL, Oct 27 (Reuters) - South Korea's economy grew faster than expected in the third quarter on booming chip exports, advance central bank estimates showed on Tuesday. Gross domestic product expand

GFM News• 14 days ago