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News
Ares names James Garforth principal for Asia direct lending
12+ hour, 18+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
China’s Ligent Technologies seeks $723 million in Hong Kong IPO
17+ hour, 27+ min ago (139+ words) Sept 14 (Reuters) – China’s Ligent Technologies is looking to raise HK$5.67 billion ($723.02 million) through an initial public offering in Hong Kong, according to a filing with the exchange on Monday. The optical communications equipment maker is offering 172 million shares at an…...
Nepal tunnel survivor finds solace in village homecoming
23+ hour, 44+ min ago (447+ words) TILATHI KOILADI, Nepal, Sept 13 (Reuters) – After nine days trapped in a hydropower tunnel and a week of hospital care following his dramatic rescue, Sanjay Sah, a rare survivor of last month’s devastating glacier collapse in Nepal, finally returned to his…...
Japan’s wholesale inflation stays elevated in August, boosts case for rate hike
3+ day, 16+ hour ago (311+ words) TOKYO, Sept 11 (Reuters) – Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the…...
US slaps new sanctions on networks aiding Iran’s proxies in Middle East
3+ day, 18+ hour ago (630+ words) WASHINGTON, Sept 10 (Reuters) – The U.S. government announced new sanctions on Thursday against firms and individuals that it says are aiding Hezbollah and other Iranian proxies in the Middle East as it intensified its campaign to isolate Iran economically. The latest…...
Factbox-Sweden election: what you need to know
4+ day, 7+ hour ago (565+ words) Sept 10 (Reuters) – Sweden will hold a parliamentary election on September 13 with the centre-left opposition holding a slim lead in opinion polls over Prime Minister Ulf Kristersson’s ruling right-wing bloc. Kristersson is seeking to form a majority government with his existing…...
Explainer-What’s happened to al Qaeda in the 25 years since 9/11?
3+ day, 22+ hour ago (1068+ words) Sept 10 (Reuters) – In the 25 years since al Qaeda militants hijacked passenger jets and flew them into New York’s World Trade Center towers and the Pentagon, the group founded by Osama bin Laden has spawned affiliates and inspired attacks around the…...
German August inflation confirmed at 2.9%
4+ day, 10+ hour ago (62+ words) 1470 & 100.3 WMBD German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to compare with other European Union countries, stood at 2.8% year on…...
OpenAI pushes for mandatory national AI safety requirements
4+ day, 15+ hour ago (201+ words) Sept 9 (Reuters) – OpenAI said on Wednesday it is pushing for mandatory national AI safety requirements, as increasingly powerful models fan concerns about the risk posed by autonomous AI agents. Several incidents in which AI models from developers including OpenAI, Anthropic…...
Citi Private Bank hires Radzinski from Bank of America
4+ day, 19+ hour ago (117+ words) 1470 & 100.3 WMBD Citi Private Bank hires Radzinski from Bank of America NEW YORK, Sept 9 (Reuters) – Citigroup’s Private Bank announced the hiring of Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients, according to an internal memo seen by…...