BENGALURU, Dec 12- Indian rice export prices rebounded this week from three-year lows as exporters increased rates to compensate for a rising rupee, while low supply and an uptick in demand from Cuba, Iraq and Philippines pushed up Vietnamese rates. Top exporter India's 5% broken parboiled variety was quoted around $358- $363 per tonne this week, up from last...
BENGALURU, Dec 12- Indian rice export prices rebounded this week from three-year lows as exporters increased rates to compensate for a rising rupee, while low supply and an uptick in demand from Cuba, Iraq and Philippines pushed up Vietnamese rates. Top exporter India's 5% broken parboiled variety was quoted around $358- $363 per tonne this week, up from last...
BEIJING, Dec 12- China's aviation regulator said on Thursday it expected a decline in airline capacity and bookings to the United States and Australia over the Lunar New Year period for the first time in nearly four years due to a shift in tourist destinations. Japan, Thailand and South Korea will rank among the most popular destinations for Chinese travellers...
Overseas investors sold $4.3 billion worth of regional equities in the last month, after two successive months of buying, data from stock exchanges in South Korea, Taiwan, Thailand, Philippines, Indonesia and Vietnam showed. South Korea led the regional outflows with foreign sales of about $3 billion in November, the biggest in 13 months, mostly driven by its weak...
Vietnam banks have a rare combination high growth and returns, according to investment bank J.P. Morgan.
*FTSE 100, FTSE 250 down 0.1%. Dec 9- London's exporter-heavy FTSE 100 inched lower on Monday as oil majors and Asia- exposed financials fell on China growth worries and as the pound strengthened, while a 72% slump in Tullow Oil single-handedly dragged down midcaps. The FTSE 250 midcap index was also down by the same level, with Tullow Oil recording its steepest...
Dec 9- European stocks slipped on Monday, dragged down by a slump in shares of Tullow Oil Plc after the oil and gas explorer scrapped its dividend, while weak data out of China also weighed on sentiment. The latest data out of China showed exports in November shrank for the fourth straight month, in a sign the world's second largest economy continues to reel from the...
*FTSE 100 flat, FTSE 250 down 0.2%. Dec 9- London's FTSE 100 was little changed on Monday as a jump in Tesco partly offset losses in oil majors and Asia- exposed financials due to China growth worries, while a 60% slump in Tullow Oil weighed on midcaps. The FTSE 250 midcap index was down 0.2%, with Tullow Oil single-handedly accounting for the index's fall in early deals.
LONDON, Dec 9- Shares in Tesco jumped as much as 5.9% in early trading Monday after Britain's biggest retailer said it was reviewing its remaining Asian businesses, in Thailand and Malaysia, including examining a possible sale. The stock was up 12.3 pence at 244.4 pence at 0825 GMT. Tesco trades from 1,967 stores in Thailand and 74 in Malaysia.
*FTSE 100, FTSE 250 down 0.2%. *Oil companies, banks biggest drag on FTSE 100. The FTSE 100 was down 0.2% by 0808 GMT, with its exporter stocks also taking a hit from gains in sterling ahead of UK general election later this week.
LONDON, Dec 9- Shares in Tesco jumped as much as 4.6% in early trading Monday after Britain's biggest retailer said it was reviewing its remaining Asian businesses, in Thailand and Malaysia, including examining a possible sale. Tesco said on Sunday the review commenced following "inbound interest" in the businesses that generate about 8% of Tesco's total annual...
LONDON, Dec 8- Britain's biggest retailer, Tesco, has signalled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations. Celebrating its 100th anniversary, Tesco is five years into a UK- focused recovery plan launched by Chief Executive Dave...
LONDON, Dec 8- Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale. Tesco said in a statement that "following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a...
TESCO PLC SAYS IT HAS STARTED REVIEW OF STRATEGIC OPERATIONS FOR ITS BUSINESSES IN THAILAND AND MALAYSIA, INCLUDING POSSIBLE SALE, AFTER RECEIVING INTEREST- STATEMENT.
*Domestic prices in Bangladesh ease this week. *India's Oct rice exports fell 42% y-o-y: govt data. Rates for India's 5% broken parboiled variety were quoted around $356- $361 per tonne this week, the lowest since January 2017 and down from last week's $358- $362.
*Domestic prices in Bangladesh ease this week. *India's Oct rice exports fell 42% y-o-y: govt data. Rates for India's 5% broken parboiled variety were quoted around $356- $361 per tonne this week, the lowest since January 2017 and down from last week's $358- $362.
In day two of the "pedo guy" defamation trial, Tesla CEO Elon Musk testified he doesn't know his own net worth.
LOS ANGELES, Dec 4- Elon Musk wrapped up two days of testimony at his defamation trial on Wednesday, pressing a defense that his "pedo guy" Twitter message at the heart of the case was an "off-the-cuff" insult hurriedly written in anger and not meant to be taken seriously. The chief executive of electric carmaker Tesla Inc and founder of rocket company SpaceX...
LOS ANGELES, Dec 4- Elon Musk, wrapping up two days of testimony at his defamation trial on Wednesday, insisted his "pedo guy" Twitter message at the heart of the case was an "off-the-cuff" insult hurriedly written in anger and not meant to be taken literally. The chief executive of electric carmaker Tesla Inc and founder of rocket company SpaceX also acknowledged in a...
LOS ANGELES, Dec 4- Tesla Chief Executive Elon Musk was due to resume testifying in his own defense on Wednesday at the trial for a defamation lawsuit filed by a British diver whom the Silicon Valley billionaire called "pedo guy" on Twitter. Musk, the 48- year-old South African-born entrepreneur, apologized for the tweet during his first day on the witness stand in...
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