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ZURICH: Siemens does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy, according to a source close to the company.
CAPE TOWN: South Africa is forecast to set an unwelcome world record this week when its statistics agency is predicted to report unemployment rose to a record 34.8% in the second quarter, which would be the highest of 83 countries tracked by Bloomberg.
JAKARTA Sept 28 (Reuters): South Korean and Taiwanese stocks each closed over 1% higher on Monday as investors priced in a boost for their tech-focussed economies from tighter US curbs on China's biggest chipmaker, adding to a bright start to the week for most Asian markets.
ZURICH: Siemens does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy on Monday, a source close to the company said.
BANGKOK, Sept 27 (The Nation/ANN) - The resignation of top Pheu Thai leaders in the last couple of days has bred speculation among some observers of a secret political deal to facilitate the return of former prime ministers Thaksin Shinawatra and Yingluck Shinawatra who are living abroad in exile.
A judge on late Sept 27 stopped the United States from banning downloads of TikTok, freeing the video snippet-sharing mobile app to keep winning new users here – for now.
HONG KONG, Sept 28 (AFP): Shares in China's biggest chip maker plunged on Monday following weekend media reports that Washington has imposed export controls on the company, the latest salvo in the battle for technological dominance over Beijing.
KUALA LUMPUR: It could be an exciting year ahead for Gamuda Bhd's construction segment as it vies for its first major Australian project, says Kenanga Investment Bank Research.
BENGALURU: Real yields on major sovereign bonds are deeply negative and expectations for positive returns anytime soon have disappeared as aggressive monetary easing and asset purchase programmes have much further to run, a Reuters poll showed.
BUCHAREST (Reuters) - Romania's ruling centrist Liberals emerged as the leading party in a municipal ballot on Sunday, including in the capital, exit polls showed, bolstering their chances of forming the next government after a Dec. 6 parliamentary election.