EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept. 25 (Reuters) – Grab, the largest taxi and food delivery company in Southeast Asia, is not planning to take mass layoffs like some rivals have done, and is hiring selectively … Read more

South Korea’s finance minister says more stabilizing foreign exchange measures are on the way

Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 25 (Reuters) – South Korea’s finance minister said the government would prepare more measures to stabilize the foreign exchange market while downplaying the need for a currency swap deal with the United States. The measures include using the government’s foreign exchange clearing fund to … Read more

Iran says US move to ease internet sanctions is part of its hostile stance

A national Iranian flag flutters in the wind above an Iranian embassy building amid Russia’s attack on Ukraine, in Kiev, Ukraine, Sept. 24, 2022. REUTERS/Valentyn Ogirenko Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept. 24 (Reuters) – Iran on Saturday criticized a US move to make exceptions to sanctions to help provide … Read more

Russia’s Lavrov accuses Washington of ‘playing with fire’ around Taiwan

Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept. 24 (Reuters) – Russia on Saturday accused the United States of “playing with fire” around Taiwan, while China said it will push for “peaceful reunification” with the democratically-ruled island and pledged to take strong steps to resist against any outside interference, a thinly … Read more

Ukraine 2022/23 solar oil output seen at 3.5 to 4.9 mln T – analyst

Register now for FREE unlimited access to Reuters.com Register KYIV, Sept. 24 (Reuters) – Ukraine’s sunflower oil production could reach between 3.5 and 4.9 million tons in the 2022/23 season, compared to 5 million tons in 2021/22, analyst APK-Inform said on Saturday. The consultancy said in a report that solar oil exports could be between … Read more

Musk says to activate Starlink, in response to Blinken about internet freedom in Iran

The Starlink logo can be seen on a smartphone in front of the Ukrainian flag displayed in this image, taken Feb. 27, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept. 23 (Reuters) – SpaceX CEO Elon Musk said Friday he would activate the company’s satellite internet service, Starlink, in response … Read more

US expands sanctions exceptions to provide internet to Iranians

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept. 23 (Reuters) – The US Treasury Department issued guidelines Friday to expand the reach of internet services for Iranians, despite US sanctions against the country, amid protests surrounding Iran after the death of a 22-year-old woman in custody . The finance ministry said … Read more

UK tax cuts deepen sell-off, dollar rises and bonds plummet

Register now for FREE unlimited access to Reuters.com Register MSCI All-World hits 2-year low Dollar hits new high in two decades Sterling and gilts sell off after ‘mini budget’ in UK Yen lower, but traders wary of more intervention Treasuries heading for 8th weekly loss LONDON, Sept. 23 (Reuters) – Shares hit their lowest level … Read more

Australian Optus says up to 10 million customers caught in cyber attack

A woman uses her cell phone as she walks past an Optus store in Sydney, Australia, Feb. 8, 2018. REUTERS/Daniel Munoz/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, Sept. 23 (Reuters) – Australian No. 2 telco Optus, owned by Singapore Telecommunications Ltd (STEL.SI), said it will contact up to 10 million … Read more

Funds flock to Southeast Asia startups as China loses luster

A man passes the city skyline during the coronavirus disease (COVID-19) outbreak, in Singapore, Sept. 29, 2021. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept. 23 (Reuters) – Southeast Asian startups are enjoying a massive surge in fundraising efforts by venture and buyout funds seeking greater returns and turning away … Read more