SEOUL, Oct 29 : South Korea's export growth likely accelerated to its fastest pace in more than 50 years in October, a Reuters poll showed on Thursday, driven by robust demand for AI investment-related semiconductors and higher memory chip prices. Exports from Asia's fourth-largest economy, a bellwether for gl
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HONG KONG, Oct 29 : The Hong Kong Monetary Authority left its base interest rate unchanged on Thursday at 4.25 per cent, following the US Federal Reserve's decision to hold rates steady. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a
TOKYO, Oct 29 : Japan's Ministry of Economy, Trade and Industry (METI) said on Thursday it had signed a memorandum of understanding with Siemens Energy to strengthen cooperation on floating offshore wind power and related industry development. Here are some details: • The two parties agreed to col
HANOI, Oct 29 : Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65 per cent by 2030, part of a broader programme to restructure state capital in major enterprises and banks. State holdings currently stand at 76.73 per cent in BIDV, 74.80 per cent in Vietcombank an
HANOI, Oct 29 : Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65 per cent by 2030, part of a broader programme to restructure state capital in major enterprises and banks. The restructuring plan, released late on Wednesday, covers 21 state-owned and state-backed
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