Korea Zinc pulls $1.8 billion share sale, turns sights to board fight
By Jack Kim and Hyunjoo Jin SEOUL (Reuters) -Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal…
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Morning Bid: ‘Trump trades’ pause for breath before US CPI
A look at the day ahead in European and global markets from Kevin Buckland The wide-ranging market bets on big fiscal spending, lower taxes and higher tariffs under incoming U.S.…
Japan’s rising wholesale inflation heightens uncertainty on BOJ’s rate hike timing
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation accelerated in October at the fastest annual pace in more than a year as renewed yen falls pushed up import costs for…
Exclusive-Chinese giant CATL pushes beyond batteries into power grids, EV platforms
NINGDE, China (Reuters) – Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing…
Stocks slide on unease over jump in bond yields as US inflation eyed
By Kevin Buckland TOKYO (Reuters) – Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that could inform the…
Samsung Electronics shares hit lowest in more than four years
SEOUL (Reuters) – Shares in Samsung Electronics (KS:005930) extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years. Shares traded down 2.1%…
Sweden’s Klarna confidentially files for US IPO
(Reuters) -Swedish payments group Klarna said on Tuesday it had confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering. The number of shares to…
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
By Brigid Riley TOKYO (Reuters) – The U.S. dollar held near a 6-1/2-month peak against major peers and bitcoin was solidly poised just below record highs on Wednesday as markets…
UK outlines National Health Service overhaul after budget uplift
LONDON (Reuters) – Britain set out plans to overhaul its National Health Service (NHS) on Wednesday, aiming for better value for money and improved productivity, as it seeks to ensure…
Malaysia economy likely lost some steam in Q3: Reuters poll
By Pranoy Krishna BENGALURU (Reuters) – Malaysia’s economic growth likely slowed but only modestly in the third quarter compared to a year earlier as solid private consumption and construction activity…