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Argentine bills strain wallets (literally) amid inflation drain
BUENOS AIRES (Reuters) - Argentine peso bills, devalued by years of inflation now soaring near 60%, are starting to cause a literal strain on wallets - with the largest banknote in circulation worth under $5 in commonly used exchange markets.
Tennis-Medvedev cruises past Bagnis to begin Roland Garros campaign
PARIS (Reuters) - World number two Daniil Medvedev showed no signs of discomfort from his recent hernia operation, kicking off his French Open campaign with a comfortable 6-2 6-2 6-2 win over Argentine Facundo Bagnis on Tuesday.
Exclusive-Neumann-backed climate tech venture Flowcarbon raises $70 million
LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its chief executive told Reuters.
Marcos wants 'trade, not aid’ from US, open to economic pact
MANILA (Bloomberg): Philippine presumptive President Ferdinand 'Bongbong' Marcos Jr said he wants to boost trade ties with the US instead of a "dependence” on aid, and signaled openness to join an economic initiative pushed by President Joe Biden to counter China’s influence.
Asia stocks skid with U.S. futures, euro holds gains
SYDNEY: Asian shares slid on Tuesday as relief at a rally on Wall Street was punctured by a retreat in U.S. stock futures, while the euro held near one-month highs as odds narrowed on a July rate rise from the ECB.
Palantir, Trafigura aim to track carbon emissions for the oil, metals industry
DAVOS, Switzerland (Reuters) -Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals and concentrates sector.
Tight material supply impedes Vietnam textile exports
HANOI (Vietnam News/Asia News Network): Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.
Trading ideas: Boustead Plantations, Sarawak Oil Palms, Ta Ann Holdings, Innoprise Plantations, Hextar Global, SP Setia, KPower, Destini, SCIB
KUALA LUMPUR: Recent corporate announcements could see investors turn their sights on Boustead Plantations, Sarawak Oil Palms, Ta Ann Holdings, Innoprise Plantations, Hextar Global, SP Setia, KPower, Destini, SCIB, EUPE Corp, Serba Dinamik, Hock Seng Lee and Petron M Refining & Marketing, said JF Apex Research.
'Enormously risky': How NFTs lost their lustre
The number of NFTs traded in the first quarter of this year slumped by almost 50% compared to the previous quarter, according to analysis firm Non-Fungible.
Zoom raises full-year profit view on strong enterprise demand
(Reuters) -Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses in a hybrid work environment, sending shares of the company up 15% in extended trading.
