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UPDATE 2-South Korea's Shinsegae to set up joint venture with Alibaba International
Adds background, paragraphs 4-5By Joyce Lee and Hyunjoo Jin SEOUL, Dec 26 (Reuters) - South Korean retailer Shinsegae 004170.KS plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart 139480.KS said on Thursday.The joint venture will be formed partly by Shinsegae in...Reuters
Thu, Dec 26
UPDATE 1-Russian bank VTB says on track for record profit in 2024
Adds new information, VTB Deputy CEO quotes in paragraphs 4-10MOSCOW, Dec 25 (Reuters) - Russia's second largest lender VTB said it will make a record profit in 2024 after reporting a January-November net profit of 452.2 billion roubles ($4.54 billion) - more than its entire full-year profit for 202...Reuters
Thu, Dec 26
Russia's security must be guaranteed by any Ukraine peace deal, Lavrov says
MOSCOW, Dec 26 (Reuters) - Russia sees no point in a weak ceasefire to freeze the war in Ukraine but Moscow wants a legally binding deal for a lasting peace that would ensure the security of both Russia and its neighbours, Foreign Minister Sergei Lavrov said on Thursday. "A truce is a path to nowher...Reuters
Thu, Dec 26
Russia's Lavrov says new Syria's head called relations with Russia long standing and strategic
MOSCOW, Dec 26 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Thursday that the new ruler of Syria had called relations with Russia long standing and strategic and that Moscow shared this assessment. Kremlin foreign policy aide Yuri Ushakov said on Monday that Russia was in contact w...Reuters
Thu, Dec 26
Kazakhstan's senate chief: cause of Azerbaijan Airlines plane crash unknown for now
ASTANA, Dec 26 (Reuters) - Kazakhstan's senate chairman said on Thursday that the cause of the Azerbaijan Airlines plane crash was still unknown. "None of these countries - neither Azerbaijan, Russia nor Kazakhstan - is interested in hiding information. All information will be made available to the ...Reuters
Thu, Dec 26
UPDATE 2-South Korea opposition says it will vote to impeach acting President Han
Opposition says Han unqualified to protect constitutionHan says agreement is needed on court appointmentsYoon to face first impeachment trial hearing on FridayAdds details of Han impeachment bill in paragraph 5, new summons for Yoon in paragraph 13By Jack Kim SEOUL, Dec 26 (Reuters) - South Korea...Reuters
Thu, Dec 26
BRIEF-Ihuman Q3 Diluted Net Income Per ADS US$0.07
Dec 26 (Reuters) - Ihuman Inc IH.N:IHUMAN INC. ANNOUNCES THIRD QUARTER 2024 UNAUDITED FINANCIAL RESULTSIHUMAN INC: QTRLY BASIC AND DILUTED NET INCOME PER ADS WERE RMB0.48 (US$0.07) AND RMB0.47 (US$0.07)Source text: ID:nPn1xJTR6aFurther company coverage: IH.N ((reuters.briefs@thomsonreuters.com;))Reuters
Thu, Dec 26
UPDATE 3-Russia says it foils Ukrainian plots to kill senior officers with disguised bombs
FSB detains four Russian citizens Says bombs were to be disguised as portable chargers, document foldersUkraine recruited agents in Ukraine, according to FSB Top Russian general was killed in bombing on Dec. 17 Edits headline, adds details on the plotsBy Guy Faulconbridge MOSCOW, Dec 26 (Reuters)...Reuters
Thu, Dec 26
UPDATE 1-China urges Philippines to return to 'peaceful development'
Adds comments from Chinese foreign ministry throughout BEIJING, Dec 26 (Reuters) - China's foreign ministry on Thursday urged the Philippines to return to "peaceful development", saying Manila's decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks...Reuters
Thu, Dec 26
China Eastern to debut C919 on Shanghai-Hong Kong route in January
BEIJING, Dec 26 (Reuters) - China Eastern Airlines 600115.SS will launch the first commercial cross-border service operated by C919 between Shanghai and Hong Kong on January 1, state-owned China Central Television (CCTV) said on Thursday. Currently, the three big state-owned airlines in China all op...Reuters
Thu, Dec 26
UPDATE 1-South Korea's Shinsegae to set up joint venture with Alibaba International
Changes sourcing, adds detailsSEOUL, Dec 26 (Reuters) - South Korean retailer Shinsegae 004170.KS Group plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart 139480.KS said on Thursday.The joint venture will be formed partly by Shinsegae investing its 100% stake in S...Reuters
Thu, Dec 26
BRIEF-Kaken Pharmaceutical Co Ltd - To Sell 2.29 Million Treasury Shares To Johnson & Johnson Innovation For 9.9 Billion Yen
Dec 26 (Reuters) - Kaken Pharmaceutical Co Ltd 4521.T:KAKEN PHARMACEUTICAL CO LTD - TO SELL 2.29 MILLION TREASURY SHARES TO JOHNSON & JOHNSON INNOVATION FOR 9.9 BILLION YENSource text: ID:nTSxz85020Further company coverage: 4521.TJNJ.N (Reporting by Kiyoshi Takenaka) ((kiyoshi.takenaka@thomsonreuter...Reuters
Thu, Dec 26
UPDATE 1-Japan's Nippon Steel extends closing date for U.S. Steel acquisition
Adds Nippon steel quotes and background from paragraph 3 TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel 5401.T said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.The ...Reuters
Thu, Dec 26
South Korea's Shinsegae to set up joint venture with Alibaba International, Yonhap says
SEOUL, Dec 26 (Reuters) - South Korean retailer Shinsegae Group 004170.KS plans to set up a joint venture with Alibaba International, Yonhap reported on Thursday.AliExpress Korea and Shinsegae's e-commerce platform Gmarket will be incorporated into the joint venture, which will be set up in 2025. Bu...Reuters
Thu, Dec 26
China urges Philippines to return to 'peaceful development'
China's foreign ministry on Thursday urged the Philippines to return to "peaceful development", saying Manila's decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks of an arms race in the region.Reuters
Thu, Dec 26
Japan's Nippon Steel revises closing date for U.S. Steel acquisition
TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel 5401.T said on Thursday it revised the closing date for its purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.The estimated closing date was revised to the first quarter of 2025 from the third ...Reuters
Thu, Dec 26
BRIEF-Nippon Steel - Estimated Date Of Closing Is Now First Quarter Of Calendar 2025
Dec 26 (Reuters) - Nippon Steel Corp 5401.T:REVISED ESTIMATED CLOSING DATE OF ACQUISITION OF U.S. STEELWE REMAIN CONFIDENT THAT THE ACQUISITION WILL PROTECT AND GROW U. S. STEELESTIMATED DATE OF CLOSING IS NOW FIRST QUARTER OF CALENDAR 2025Source textFurther company coverage: 5401.TReuters
Thu, Dec 26
JGB yields rise tracking US Treasury yields higher
TOKYO, Dec 26 (Reuters) - Japanese government bond (JGB) yields rose on Thursday, tracking rises in U.S. Treasury yields, while market participants sold bonds to adjust their positions in year-end trade.The 10-year JGB yield JP10YTN=JBTC rose 2 basis points (bps) to 1.085%. The two-year JGB yield JP...Reuters
Thu, Dec 26
Russian bank VTB says on track for record profit in 2024
MOSCOW, Dec 25 (Reuters) - Russia's second largest lender VTB said it will make a record profit in 2024 after reporting a January-November net profit of 452.2 billion roubles ($4.54 billion) - more than its entire full-year profit for 2023.The bank said it was still on track to hit the profit target...Reuters
Thu, Dec 26
PRESS DIGEST- New York Times business news - Dec 26
Dec 26 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President-elect Donald Trump appointed Florida county commissioner Kevin Marino Cabrera as ambassador to Panama, days after a...Reuters
Thu, Dec 26
