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Austria’s WIFO slashes 2023 GDP forecast, warns of stagflation
BERLIN (Reuters) - Austria's WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the economy towards stagflation. Austrian ...
Syndicated Content Oct 07, 2022
Hong Kong forex reserves at $419.2 billion at end-Sept – HKMA
Oct 7 (Reuters) - Hong Kong's official foreign currency reserve assets stood at $419.2 billion at end-September, the Hong Kong Monetary Authority said on Friday, down 2.9 percent from $431.8 billion a...
Syndicated Content Oct 07, 2022
Indian bikemaker Hero MotoCorp launches first electric scooter worldwide
NEW DELHI (Reuters) - Indian bikemaker Hero MotoCorp launched its first electric scooter worldwide on Friday, as it looks to catch up with newer firms who have taken the lead in the country's clean mo...
Syndicated Content Oct 07, 2022
Google to invest $690 million in Japan, CEO Pichai tells Nikkei
(Reuters) - Alphabet Inc's Google plans to invest a total of 100 billion yen ($690.13 million) in Japan through 2024, its Chief Executive Officer Sundar Pichai told Nikkei in an interview on Friday. G...
Syndicated Content Oct 07, 2022
‘Borgen’ character drew inspiration from Danish PM
COPENHAGEN (Reuters) - The screenwriter of hit series "Borgen" says the main theme in the show's latest season - the darker side of holding power - drew inspiration from Denmark Prime Minister Mette F...
Syndicated Content Oct 07, 2022
World food price index falls for sixth month in Sept -FAO
ROME (Reuters) - The United Nations food agency's world price index fell for a sixth month in a row in September, receding from all-time highs posted earlier this year after Russia invaded Ukraine. Th...
Syndicated Content Oct 07, 2022
Italy retail sales fall 0.4% m/m in August
(Reuters) - Italian retail sales fell 0.4% in August from the month before, data showed on Friday, following a 1.3% rise in July. Sales rose 4.3% in unadjusted year-on-year terms in August, ISTAT said...
Syndicated Content Oct 07, 2022
Exclusive-Indian car makers propose tax cut on imports in trade deal with Britain
By Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) - Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain, sources told Reuters, an unpreced...
Syndicated Content Oct 07, 2022
Malaysia announces tighter 2023 budget as it warns of slowing growth
KUALA LUMPUR (Reuters) - Malaysia on Friday unveiled a smaller budget for 2023, prioritising fiscal discipline over expectations of populist measures, as it warned of a slowdown in the economy from ri...
Syndicated Content Oct 07, 2022
Take Five: China’s challenges
(Reuters) - Markets are shifting their focus east, with Chinese data and policies in the spotlight as Beijing's once-in-five years leadership reshuffle looks set to see President Xi Jinping break with...
Syndicated Content Oct 07, 2022
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