MOGADISHU (Reuters) – Ten people were killed in an attack in Somalia’s capital claimed by the al Qaeda-linked al Shabaab group, which said it was targeting military officials and militia fighters involved in an offensive against it. The Tuesday attack began with a car bomb blast followed by a gun fight that went on for …
Al Shabaab attack kills 10 at officials’ house in Somalia – ministry Read More »
(Corrects earnings figure in paragraph 1) NAIROBI (Reuters) – Kenya’s earnings from tourism surged 83% in 2022 to 268 billion shillings ($2.13 billion) as the sector continued to recover from the COVID-19 pandemic slump, a senior tourism official said on Wednesday. Earnings are projected to rise to 425 billion shillings this year, David Gitonga, the …
Kenya’s tourism earnings surge 83% in 2022, official says Read More »
SHANGHAI (Reuters) – A sharp jump in short-term Chinese bond yields in response to a swift dropping of pandemic curbs may be premature, analysts say, pointing to the central bank’s policy intent and its attempts to douse speculation of early tightening. The yield on one-year Chinese government bonds has risen by about 50 basis points …
China’s bond markets price in policy tightening; analysts disagree Read More »
JAKARTA (Reuters) – Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy’s Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar and Bunga. Indonesia plans to offer 10 oil and gas working areas to contractors …
Indonesia picks consortia to explore three oil and gas blocks Read More »
AMSTERDAM (Reuters) – Brewer Heineken still plans to exit Russia and sell its business there at a loss this year, it said on Wednesday, after a Dutch media report questioned whether it had followed through on its March 2022 promise to leave the country. The story by investigative website Follow The Money reported that Heineken …
Heineken says it still plans to exit Russia, take 300 million euro loss Read More »
(Reuters) – Dutch insurer ASR Nederland NV on Wednesday reported annual operating earnings a touch above market expectations, helped by better-than-expected performance of its non-life business. ASR, which is set to close the acquisition of rival Aegon’s domestic operations in the second half of 2023 to become the country’s second largest insurer, also said the …
Dutch insurer ASR posts slight profit beat boosted by non-life products Read More »
By James Davey LONDON (Reuters) – Britain’s big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi and Lidl. And the discounters’ supermarket sweep still has a long way to run, industry executives say, with Aldi UK CEO Giles Hurley pledging Britain’s lowest …
British supermarkets confront their German discounting demons Read More »
SEOUL (Reuters) – South Korea’s fertility rate dropped last year to a record low, data showed on Wednesday, in yet another grim milestone for the country with the world’s lowest number of expected children for each woman. The average number of expected babies per South Korean woman over her reproductive life fell to 0.78 in …
South Korea’s world lowest fertility rate drops again Read More »
By Junko Fujita TOKYO (Reuters) -Japan’s 10-year government bond yield on Wednesday breached the top end of the Bank of Japan’s policy band for a second straight session, prompting the central bank to step into the market with emergency bond buying and offering of loans. Investors have renewed their attack on the BOJ’s ultra-loose interest …
Japan govt bond breaches yield cap, BOJ steps in with buying, loans Read More »
(Reuters) -Dutch chipmaking equipment supplier BE Semiconductor (BESI) said on Wednesday it expects its revenue in the first quarter of 2023 to fall again, as inflation and geopolitical tensions weigh on demand in the Asian market. BESI expects a fall in its quarterly revenue in the range of 0-10%. The assembly equipment maker said its …
BE Semiconductor sees Q1 revenue fall amid weakness in Asia Read More »
