Category Archives:
China says U.S.-led chip alliance should not harm global market
BEIJING (Reuters) - The U.S.-led chip alliance, called "Chip 4", should promote the stability of the global supply chains, rather than harming or causing market fragmentation, China's commerce ministr...
Jul 21, 2022
Zara founder Ortega’s real estate assets worth $15.5 billion in 2021
MADRID (Reuters) - The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on Thursday its real estate assets' market value rose by ove...
Jul 21, 2022
China commercial banks’ bad loan ratio declines at end-June, regulator says
BEIJING (Reuters) - China's commercial banks saw their bad loan ratio decline 0.06 percentage points to 1.67% at end-June versus three months earlier, the sector's regulator said on Thursday. Outstand...
Jul 21, 2022
Chinese district regulator inspects Pizza Hut stores over food safety issues
BEIJING (Reuters) - A Chinese district regulator said it is carrying out inspections of 45 Pizza Hut stores in Beijing after one was accused by media of food safety breaches. The market regulator of B...
Jul 21, 2022
China’s BYD to start selling electric vehicles in Japan next year
BEIJING (Reuters) - Chinese electric vehicle maker BYD will start selling battery electric cars in Japan next year, marking its entry into Japan's passenger car market, the company said in a statement...
Jul 21, 2022
Russian gas flows to Europe resume via Nord Stream 1, eastbound Yamal flows rise
LONDON (Reuters) - Physical flows of Russian gas through its biggest pipeline to Germany resumed on Thursday after a 10-day outage, and eastbound gas flows via the Yamal-Europe pipeline to Poland from...
Jul 21, 2022
Marketmind: ECB’s time to hike, Italy’s time for more instability
A look at the day ahead in markets from Tommy Wilkes. If the European Central Bank's inflation headache wasn't bad enough, its first interest rate rise since 2011 will land on the day the government o...
Jul 21, 2022
China approves projects worth $50 billion after easing environment rules
SHANGHAI (Reuters) - China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, but will still sh...
Jul 21, 2022
S.Korea to cut taxes for companies, workers and retail investors
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) - South Korea on Thursday proposed a series of tax cuts for companies, workers and retail investors in stocks to support private-sector led economic growt...
Jul 21, 2022
Uzbekistan’s central bank cuts policy rate to 15%
TASHKENT (Reuters) - Uzbekistan's central bank cut its policy rate by 100 basis points to 15% on Thursday, it said in a statement. (Reporting by Mukhammadsharif Mamatkulov; Writing by Olzhas Auyezov; ...
Jul 21, 2022
Peoria, IL, USA
38 °F Partly cloudy
