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US dollar close to 7-week high after strongest week since 2022
[ad_1] THE US dollar was just off its highest level in seven weeks on Monday (Oct 7) after a rally sparked by Friday’s strong US jobs data and an escalation...
OUE Healthcare unit signs alliance agreement with Shanghai hospital
[ad_1] Under the accord, the two hospitals will have a ‘two-way green channel access’ for patientsCATALIST-LISTED OUE Healthcare, through its joint venture hospital in Changshu, China, has signed a healthcare...
AstraZeneca signs US$1.92 billion licensing deal with HK-listed CSPC
[ad_1] Hong Kong-based CSPC will also get an upfront payment of US$100 million as part of the dealAstraZeneca said on Monday (Oct 7) it would pay up to US$1.92 billion...
Samsung Electronics not interested in spinning off foundry business
[ad_1] Samsung Electronics is not interested in spinning off its contract chip manufacturing business as well as its logic chip designing operation, its chairperson Jay Y Lee told Reuters on...
BP drops oil output reduction target in strategy reset: sources
[ad_1] BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three...
Indonesia to impose anti-dumping duties on some flat-rolled iron products from China, South Korea, Taiwan
[ad_1] INDONESIA will impose anti-dumping duties on some flat-rolled iron products from China, South Korea and Taiwan starting next week, according to a finance ministry regulation released on Monday (Oct...
Tokyo Metro looks to raise up to US$2.4 billion in largest Japan IPO since 2018
[ad_1] TOKYO Metro has set a price range at 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on Monday (Oct 7).At...
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
[ad_1] COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer...
Bank Indonesia intervenes in FX markets after rupiah slump
[ad_1] Bank Indonesia is intervening in the spot, domestic non-deliverable forwards and bond markets to maintain the balance of currency supply and demandIndonesia’s central bank is stepping into the market...