Page 121 - Bkr News Today

The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate on promoting the use of their currencies for bilateral transactions, such as current account transactions and direct investment.

Asia's imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries.

South Korea's finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy stands at an inflection point.

Metis Global Partners LLC lifted its position in Baker Hughes (NASDAQ:BKR – Get Rating) by 179.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 41,918 shares of the company’s stock after acquiring an additional 26,939 shares during the period. Metis Global Partners LLC’s holdings in Baker Hughes were worth $1,238,000 as of […]

Japan and South Korea held their first bilateral finance leaders' meeting in seven years on Tuesday, a sign relations between the two are thawing as they confront shared challenges from geopolitical tensions and slowing economic growth.

Asian shares wobbled in cautious trade on Tuesday ahead of a series of data releases and central bank meetings, which began with a surprise rate hike in Australia that boosted the local dollar.

The alternative investment manager wants to provide global institutional investors access to private credit opportunities in Australia.

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