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Chinese city of Chengdu to ensure cash-strapped developers get funds
By Liangping Gao BEIJING (Reuters) - Chengdu, in the south west of China, said it will move to ensure developers receive funds from presold properties and fresh loans, in the first such move by a Chin...
Syndicated Content Nov 24, 2021
VW CEO’s future still uncertain, with talks ‘on a knife edge’
BERLIN (Reuters) - Volkswagen's top committee did not make a decision on the future of Chief Executive Herbert Diess at a meeting on Tuesday, two sources with knowledge of the matter said on Wednesday...
Syndicated Content Nov 24, 2021
Italian street artist battles racism by turning swastikas into cupcakes
(Refiles, changing dateline to VERONA, Italy) By Emily Roe and Cristiano Corvino VERNONA, Italy (Reuters) - Swastikas on the wall become giant cupcakes with purple icing, and the words "my Hitler" are...
Syndicated Content Nov 24, 2021
Ifo economist expects German GDP to stagnate in Q4
BERLIN (Reuters) - The German economy, Europe's largest, is on track to stagnate in the final quarter of this year as supply chain bottlenecks show no sign of easing up, Ifo economist Klaus Wohlrabe t...
Syndicated Content Nov 24, 2021
China urges more banking support to self-reliant industries, supply chains
BEIJING (Reuters) - China's banking and insurance regulator said on Wednesday that lenders should step up support to advanced manufacturers, self-reliant industries and supply chains. "Banks should re...
Syndicated Content Nov 24, 2021
More investors turning sour on emerging markets – HSBC survey
LONDON (Reuters) - More than one in four investors feel 'bearish' about emerging markets, an HSBC survey showed on Wednesday, as slowing economic growth and the spectre of tighter monetary policy in t...
Syndicated Content Nov 24, 2021
ByteDance plans to spin off real estate listing business
SHANGHAI (Reuters) - China's ByteDance plans to spin off its real estate listing service to focus on its core businesses, a company representative said on Wednesday, as the TikTok owner undergoes a re...
Syndicated Content Nov 24, 2021
Bahrain’s $30 billion strategic projects plan includes offshore cities, metro
DUBAI (Reuters) - Bahrain said on Wednesday it intends to build five offshore cities, tourism projects and trade and transport infrastructure within an economic growth and fiscal balance plan announce...
Syndicated Content Nov 24, 2021
Austrian central bank sees growing risks from mortgages amid property boom
VIENNA (Reuters) - Risks from insufficiently cautious mortgage lending are increasing amid Austria's housing market boom, the central bank said on Wednesday, stressing that such loans need close scrut...
Syndicated Content Nov 24, 2021
Japan to spend $313 billion in extra budget as tax income overshoots – draft
TOKYO (Reuters) - Japan's government is set to compile an extra budget for this fiscal year featuring spending worth 36 trillion yen ($313 billion), with additional new bond issuance at 22.1 trillion ...
Syndicated Content Nov 24, 2021
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