StanChart unit to launch cryptocurrency trading platform
A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
Saudi Aramco in talks with banks for new bond sale – sources
Saudi Arabian oil group Aramco (2222.SE) is in talks with banks for a U.S. dollar-denominated bond issue, two sources said, seeking to raise money ahead of large commitments for its major shareholder, the Saudi government.
As unpredictable Games looms, Japan’s sponsors struggle to adapt
With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know whether fans will be allowed into stadiums to buy its beer.
Tesla to buy more than $1 bln of Australian battery minerals a year
Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices.
China holds economic talks with second top U.S. official in a week
Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration.
Australia’s economy booms to pre-pandemic levels as consumers, businesses spend
Australia’s economy raced ahead last quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into its first recession in three decades.
Stocks near highs on recovery bets as oil extends rally above $70
Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.
Activist fund asks French watchdog to probe Vivendi’s music spin-off
Activist fund Bluebell has asked France’s markets regulator to look into disclosures by media company Vivendi (VIV.PA) around its Universal Music Group spin-off, arguing the company did not reveal some steps around the transaction to shareholders.
Asian shares tick up U.S. data bolsters reopening hopes
Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy.
TSMC says has begun construction at its Arizona chip factory site
Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.
