Page 61 - Christopher Cushing News Today

China is likely to implement proactive fiscal policy next year as there is still a need for the worlds second-biggest economy to realise stable growth, a former central banker was cited as saying... -December 03, 2023 at 03:07 am EST - MarketScreener

NEW DELHI (Reuters) -India's ruling nationalist Bharatiya Janata Party (BJP) on Sunday appeared set to win three of four states in key regional polls, in a big boost for Prime Minister Narendra Modi ahead of general elections in six months.

KOBE, Japan (Reuters) -Bank of Japan board member Toyoaki Nakamura said on Thursday the central bank must be cautious about phasing out its massive stimulus, playing down the chance of a near-term end to its negative interest rate policy. The BOJ must take time to gauge whether Japan's companies and economic structure are changing from three decades of subdued inflation and wage growth, he said. "It would be risky to change policy on the assumption that things will improve ahead in J...

CVS Health announced plans to acquire health insurer Aetna for $69 billion in the largest-ever healthcare merger. The companies said they would save administrative and patient care costs, in part by steering Aetna customers to walk-in clinics in CVS stores for less expensive medical services. October 2017: Anthem announced that it would not renew its pharmacy benefit management relationship with Express Scripts and subsequently entered into a new contract with CVS Health.

Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over. Singapore regained the top of the rankings for the ninth time in the past eleven years due to high price levels across several categories. Zurich's rise reflected the strength of the Swiss franc and high prices for groceries, household goods an...

A $10.6 billion takeover saga in Australia has put the spotlight on the countrys largest pension fund and its rare shareholder activism which, dealmakers said, could spur peers to play king makers...

JERUSALEM (Reuters) -Two Palestinian attackers opened fire at a bus stop during the morning rush hour on Thursday at the entrance to Jerusalem, killing at least three people and wounding eight others, Israeli police said. The shooters came from East Jerusalem and were stopped by off-duty soldiers and another civilian who was nearby, police said. Security camera footage aired by Israel's Channel 12 television showed the moments of the attack.

HONG KONG/SYDNEY (Reuters) -Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with direct knowledge of the matter.

Huawei Technologies new smart car software and components firm is set for a valuation of up to 250 billion yuan after it sells stakes to investors including Changan Auto, three...

Lotus Technology, the luxury electric vehicle arm of sports car brand Lotus, said on Tuesday it has secured $870 million in financing ahead of the completion of its merger with blank check company L Catterton Asia Acquisition (LCAA). All of the financing was secured based on a $5.5 billion valuation, China-headquartered Lotus Technology said in a statement. Investors will be issued public shares upon closing of the business combination with LCAA, and result in Lotus Technology having a free fl...