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03 Mar

Russia central bank increases capital of reinsurance firm specialising in sanctions risk

Russia's central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08 billion) from 71 billion roubles.

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03 Mar

Pricey Singapore rents go through the roof even as population dips

Home rents have risen to a seven-year high in Singapore, already one of the world's most expensive cities, even though the city-state's population has dipped in the past two years.

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03 Mar

Japan's JAL, ANA cancel all Europe flights on Thursday

TOKYO (Reuters) -Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing safety concerns following Russia's invasion of Ukraine.

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03 Mar

Merck KGaA predicts more earnings gains on lab supplies demand

Germany's Merck KGaA said it expected strong earnings growth this year, driven by its Life Science unit, which supplies materials and gear to COVID-19 vaccine makers and to a buoyant pharmaceuticals industry.

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03 Mar

Third time lucky? Why Banco BPM appeals to UniCredit CEO

MILAN (Reuters) -Italy's third-largest bank Banco BPM has occupied a special place on the wish list of Andrea Orcel since the veteran dealmaker took the reins at UniCredit last April, several sources have said.

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03 Mar

Macau government extends casino licences to December - media

Casino companies in Macau will have their licences extended by six months, public broadcaster TDM reported on Thursday, citing a city official, allowing more time for a highly anticipated rebidding process in the world's biggest casino hub.

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03 Mar

Japan to freeze assets of four more Russian banks from April 2

TOKYO (Reuters) -Japan will freeze the assets of four additional Russian banks, Finance Minister Shunichi Suzuki said on Thursday, taking to seven the total number to be slapped with such sanctions by Tokyo.

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