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Page 702 - Bloomberg

Rupee gets cushion from stock flows, current account surplus amid pandemic

The currency has advanced more than 2% in the third quarter, outperforming the Indonesian rupiah

Rupee gets cushion from stock flows, current account surplus amid pandemic
Updated On : 06 Oct 2020 | 8:01 AM IST

Covid-19 impact: Japan struggles to fill bullet trains running empty

"I see more cleaning staff getting off trains than passengers," said Taro Aoki, who oversees 18 fast-food outlets in the capital's main inter-city rail terminal

Covid-19 impact: Japan struggles to fill bullet trains running empty
Updated On : 06 Oct 2020 | 12:15 AM IST

AirAsia ceases Japan operations, says recovery 'extremely challenging'

The low-cost airline has been under immense pressure this year as Covid-19 roils the aviation industry

AirAsia ceases Japan operations, says recovery 'extremely challenging'
Updated On : 05 Oct 2020 | 11:57 PM IST

Singapore to pay would-be parents for babies as coronavirus drags on

Singapore's fertility rate touched an eight-year low in 2018, government data show

Singapore to pay would-be parents for babies as coronavirus drags on
Updated On : 05 Oct 2020 | 11:13 PM IST

Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail

Toyota operates a plant in Derbyshire, central England, and produced roughly 8% of the 1.52 million cars made in Britain in 2018

Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail
Updated On : 05 Oct 2020 | 11:09 PM IST

NEC agrees to $2.2 billion takeover of bank software firm Avaloq

NEC was the winner of a competitive auction and completion of the deal is expected in early 2021, subject to regulatory approval.

NEC agrees to $2.2 billion takeover of bank software firm Avaloq
Updated On : 05 Oct 2020 | 11:06 PM IST

Alibaba Group Holding to buy up to 10% stake in duty-free retailer Dufry

Dufry employs about 31,000 people and said in June it plans to reduce personnel expenses by 20% to 35% as revenue plummets.

Alibaba Group Holding to buy up to 10% stake in duty-free retailer Dufry
Updated On : 05 Oct 2020 | 11:03 PM IST

Covid-19: 1MDB trial adjourned with Najib Razak in quarantine

The trial will resume Oct. 19 as Najib remains under two-week quarantine at his home after returning from a political campaign

Covid-19: 1MDB trial adjourned with Najib Razak in quarantine
Updated On : 05 Oct 2020 | 11:00 PM IST

After Wirecard, Germany's DAX index may be expanded to 40 companies

Weimer has since changed rules to allow for a quicker expulsion of companies in the wake of the scandal.

After Wirecard, Germany's DAX index may be expanded to 40 companies
Updated On : 05 Oct 2020 | 10:51 PM IST

Indonesia passes law to cut corporate tax, simplify labor rules

The bill's passage may help President Joko Widodo shore up an economy that's set to slip into another contraction this quarter

Indonesia passes law to cut corporate tax, simplify labor rules
Updated On : 05 Oct 2020 | 10:42 PM IST

Businesses back to growth in top three Arab economies after stumble

The recovery has been fragile in much of the Middle East and faces a further test in the UAE because of a sharp pick-up in new coronavirus cases

Businesses back to growth in top three Arab economies after stumble
Updated On : 05 Oct 2020 | 10:23 PM IST

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?
Updated On : 05 Oct 2020 | 9:48 PM IST

Govt's key reforms fail to gain traction as pandemic upends India's economy

Modi's administration has delayed payments it promised India's 28 states as compensation under the new consumption tax regime, increasing tension between the two tiers of government

Govt's key reforms fail to gain traction as pandemic upends India's economy
Updated On : 05 Oct 2020 | 2:42 PM IST

How one piece of hardware forced a full-day shutdown of Tokyo Stock Market

The full-day shutdown that ensued was the longest since the exchange switched to a fully electronic trading system in 1999

How one piece of hardware forced a full-day shutdown of Tokyo Stock Market
Updated On : 05 Oct 2020 | 7:49 AM IST

Almost everyone at SoftBank thinks going private is a bad idea, except Son

Preliminary work on a buyout got under way after a record drop in SoftBank shares in March, but the effort was later tabled as the stock price more than doubled with asset sales

Almost everyone at SoftBank thinks going private is a bad idea, except Son
Updated On : 05 Oct 2020 | 7:31 AM IST

SMIC says US is placing export additional restrictions on suppliers

The move could have "material adverse effects" on its production and operations, the company said

SMIC says US is placing export additional restrictions on suppliers
Updated On : 05 Oct 2020 | 1:26 AM IST

UK Prime Minister Boris Johnson warns angry public of 'tough' winter

The UK's Tories, in power for the past 10 years, are holding their annual conference online this year due to pandemic restrictions

UK Prime Minister Boris Johnson warns angry public of 'tough' winter
Updated On : 05 Oct 2020 | 1:22 AM IST

Saudi tax relief unleashed for home buyers to keep boom rolling

Property transactions will instead be subject to a new 5% real estate sales tax, according to state-run news agency SPA

Saudi tax relief unleashed for home buyers to keep boom rolling
Updated On : 05 Oct 2020 | 1:19 AM IST

Cineworld Group to close US, UK screens after James Bond movie delay

The move comes after Metro-Goldwyn-Mayer on Friday canceled the November debut of the new James Bond movie, pulling the plug on one of the few big films left on the 2020 release calendar

Cineworld Group to close US, UK screens after James Bond movie delay
Updated On : 05 Oct 2020 | 1:15 AM IST

Former Chinese diplomat worked on TikTok content policy, says report

Cai Zheng ran ByteDance's global content policy team in Beijing until early this year. He'd previously worked at China's embassy in Tehran, the FT said, citing a deleted LinkedIn profile

Former Chinese diplomat worked on TikTok content policy, says report
Updated On : 05 Oct 2020 | 12:58 AM IST