Singapore’s Temasek mulls three-way split, Bloomberg News reports

(Reuters) -Singapore’s Temasek is weighing a reorganisation into three investment vehicles, as the state owned investor looks to improve returns and efficiencies, Bloomberg News reported on Wednesday. One unit would focus on the biggest local holdings such as flag carrier Singapore Airlines while the other would largely look at foreign investments, the report added, citing …

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Taiwan’s July export orders rise for 6th month, warns on global trade risks

TAIPEI (Reuters) -Taiwan’s export orders rose for the sixth straight month in July, fuelled by demand for tech products such as those related to artificial intelligence, but global trade uncertainty continues to cloud the outlook. Export orders rose 15.2% in July on the year to $57.64 billion, the economic affairs ministry said on Wednesday, broadly …

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Kenya expects faster growth in 2025, signs yen-denominated loan with Japan

By George Obulutsa and Colleen Goko NAIROBI/JOHANNESBURG (Reuters) -Kenya’s economic growth this year is expected to exceed official forecasts despite higher U.S. tariffs and other challenges, President William Ruto said at a conference on Wednesday, where Kenya and Japan also signed a yen-denominated loan deal. The East African nation’s economy is forecast to grow by …

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Lagarde – EU-Handelsdeal mit den USA nahe an Grundannahmen der EZB

Frankfurt (Reuters) – Das Handelsabkommen zwischen den USA und der EU liegt nach den Worten von EZB-Präsidentin Christine Lagarde nahe an der Basisprognose der Europäischen Zentralbank. Jedoch bestünden in Schlüsselsektoren wie der Pharma- und Halbleiterindustrie weiterhin Unsicherheiten, sagte sie am Mittwoch auf einer Veranstaltung in Genf. Das Handelsabkommen sehe einen effektiven Durchschnittszoll von schätzungsweise zwölf …

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Wadephul warnt China: Keine Eskalation um Taiwan

Berlin/Jakarta (Reuters) – Bundesaußenminister Johann Wadephul hat bei einem Besuch in Indonesien vor den Folgen des chinesischen Vorgehens im Südchinesischen Meer und in der Taiwanstraße gewarnt. Die wachsende militärische Entschlossenheit Chinas im Südchinesischen Meer bedrohe nicht nur die Sicherheit Asiens, sondern untergrabe die gesamte internationale regelbasierte Ordnung, sagte Wadephul am Mittwoch in einer Rede in …

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North Korea dismisses South Korean president’s ‘gibberish’ ahead of US summit

By Joyce Lee and David Brunnstrom SEOUL/WASHINGTON (Reuters) -North Korea is stepping up criticism of South Korea’s new President Lee Jae Myung as he prepares for his first summit with U.S President Donald Trump, calling Lee’s efforts to engage with Pyongyang a “pipedream”. Since taking office in a snap election in June, the liberal Lee …

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Las bolsas europeas caen lastradas por el sector tecnológico y de la defensa

20 ago (Reuters) – La renta variable europea descendía el miércoles retrocediendo desde los máximos de cinco meses alcanzados en la sesión anterior, después de que los valores tecnológicos siguieran el desempeño de sus homólogos en Wall Street y de que el sector de la defensa sufriera presiones por segundo día consecutivo. El índice paneuropeo …

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Indo-Pacific tensions impact European interests, German minister warns

BERLIN (Reuters) -China’s assertiveness in the South China Sea and tensions in the Taiwan Strait pose threats to international security that also impact Europe, German foreign minister Johann Wadephul said during a visit to Indonesia on Wednesday. “China’s growing military assertiveness in the South China Sea not only threatens Asia’s security, but also undermines the …

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South Korean petrochemical companies to cut capacity, restructure, government says

By Heejin Kim SEOUL (Reuters) -Ten South Korean petrochemical companies have agreed to restructure their operations, including large cuts to their naphtha-cracking capacity, government officials said on Wednesday. South Korea’s government has been putting pressure on a petrochemical sector it says is in “crisis” to speed up restructuring to boost efficiency and raise flagging margins. …

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