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Category: Business

Business

Ghana delivers biggest rate hike ever at emergency meeting

August 30, 2022
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Ghana’s central bank on Wednesday delivered its biggest rate hike ever, a 300 basis point increase to 22% (GHCBIR=ECI), at […]

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Business

S.Korea’s Hyundai Mobis aims to separate key businesses into new units

August 29, 2022
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South Korean auto parts maker Hyundai Mobis Co Ltd (012330.KS) said on Thursday it was considering separating its modules and […]

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Business

S.Korea to attend preliminary meeting of U.S.-led chipmaker group

August 28, 2022
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South Korea is expected to attend a preliminary meeting for a U.S.-led group of major microchip manufacturers including Taiwan and […]

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Business

Mubadala-backed AI firm G42 sets up $10 bln tech fund

August 27, 2022
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Emirati artificial intelligence firm G42, chaired by the Gulf state’s national security advisor, on Thursday launched a $10 billion fund […]

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Business

China opposes U.S. chip act, to take measures to safeguard rights

August 26, 2022
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China opposes a new chips act passed by the United States and will take forceful measures to safeguard its legitimate […]

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Business

South Korea’s Kakao drops plan to sell stake in taxi-hailing unit

August 25, 2022
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South Korean tech conglomerate Kakao Corp (035720.KS) said on Thursday it is no longer exploring plans to sell about 10% […]

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Business

China’s first publicly traded rental property REITs snapped up by investors

August 24, 2022
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China’s first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen […]

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