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Russia in talks with China on yuan loan
Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
Egypt’s strategic wheat reserves sufficient for 3.5 months – minister
Egypt’s strategic wheat reserves are sufficient for 3.5 months, Reuters reported citing Supply Minister Ali Moselhy…
Micron rises production for Nvidia’s AI semiconductors
Micron Technology has commenced mass production of its high-bandwidth memory semiconductors for use in Nvidia's…
Siemens Energy defends Gamesa deal – CEO
Siemens Energy performed extensive due diligence before fully acquiring its wind turbine subsidiary Siemens Gamesa,…
Hong Kong’s Oasis sues NEC over JAE sale
Oasis Management, a hedge fund in Hong Kong, filed an injunction to stop NEC from selling its shares in its public…
47 Chinese firms withdraw their IPO plans
The China Securities Regulatory Commission (CSRC) has tightened rules on share listings in a bearish market,…
China’s weak local borrowing raises hope for more central aid
China’s local governments are hesitant or unable to borrow more, despite pressure to boost growth, leading to…
S.Korea’s reform plan fails to impress traders
South Korea revealed on Monday a reform plan for public companies to increase shareholder returns and lower the…
Japan’s Jan business-to-business prices rise 2.1% YoY – BOJ
Japan’s business-to-business prices rose by 2.1 per cent YoY in January, slowing down from the 2.4 per cent annual…
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
Egypt's sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the UAE…