Category Archives:
Analysis-Russia prepares to seize western firms looking to leave
By John O'Donnell (Reuters) - Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow's invasion of Ukraine, r...
May 26, 2022
China property market slumps on developers’ debt crisis, weak buyer sentiment
By Clare Jim and Vijdan Mohammad Kawoosa HONG KONG (Reuters) - China's property market, a key pillar of the world's second-largest economy, has weakened sharply in the past year as a result of a gover...
May 26, 2022
Global LNG markets brace for unknowns ahead of winter
By Joyce Lee and Florence Tan DAEGU, South Korea (Reuters) - Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook fro...
May 26, 2022
Analysis-Schroeder throws in towel as German industry clings on to Russian gas
By John O'Donnell and Christoph Steitz FRANKFURT (Reuters) - Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it see...
May 26, 2022
German house price inflation to slow as borrowing and living costs bite – Reuters poll
By Zuzanna Szymanska and Jonathan Cable BERLIN/LONDON (Reuters) - German home prices will rise faster this year than thought only three months ago, as a supply shortage outweighs a deepening cost of l...
May 26, 2022
China’s Lenovo posts 6.8% rise in Q4 revenue
By Josh Ye HONG KONG (Reuters) -China's Lenovo Group posted a 6.8% rise in fourth-quarter revenue, its slowest growth in seven quarters, as people shopped for fewer of its personal computers after mon...
May 25, 2022
Myanmar central bank orders state bodies not to use foreign currencies
(Reuters) - Myanmar's central bank has ordered ministries and local governments not to use foreign currencies for domestic transactions, to help relieve pressure on the kyat currency. The Southeast As...
May 25, 2022
South Korea steps up inflation fight with back-to-back rate hikes
By Cynthia Kim and Joori Roh SEOUL (Reuters) - South Korea's central bank on Thursday delivered back-to-back interest rate hikes and forecast further aggressive increases to wrestle consumer inflation...
May 25, 2022
China will give cash subsidies to airlines for two months
BEIJING (Reuters) - China's finance ministry said on Thursday that it would offer subsidies to Chinese airlines from May 21 to July 20, to help carriers weather the COVID-19 downturn. Cash support wil...
May 25, 2022
Philippines’ Marcos names new finance chief and central bank governor
MANILA (Reuters) - Philippine President-elect Ferdinand Marcos on Thursday announced the current central bank governor Benjamin Diokno would be his finance minister when he takes office next month. Di...
May 25, 2022
Peoria, IL, USA
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