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Cathay Pacific Airways expects loss to narrow in second half
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Friday its fiscal 2022 second-half results are expected to improve over the first half, helped by an uptick in travel and air cargo demand bu...
Syndicated Content Nov 18, 2022
China issues rules to lure foreign investors into bond market
BEIJING (Reuters) - China's central bank issued rules on Friday to lure foreign institutional investors into the country's bond market, expanding currency hedging channels and making it easier for for...
Syndicated Content Nov 18, 2022
Japanese electric motor maker Nidec to invest $715 million in new Mexican plant
TOKYO (Reuters) - Japanese electric motor maker Nidec Corp is planning to invest around $715 million to build a plant in Mexico to make electric car motors, its chief executive said in an interview wi...
Syndicated Content Nov 18, 2022
Take Five: Black Friday test
(Reuters) - The most important day for U.S. retailers is here and questions are rife on whether king dollar is set to lose its crown. Global purchasing managers data will shine a light on the health o...
Syndicated Content Nov 18, 2022
China’s property prices to rise in 2023, sales to fall more slowly: Reuters poll
BEIJING (Reuters) - China's property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs t...
Syndicated Content Nov 18, 2022
Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks
FRANKFURT (Reuters) - Deutsche Bank Chief Executive Christian Sewing on Friday warned of the "danger" of European reliance on foreign banks, equating the threat to the region's dependence on outsiders...
Syndicated Content Nov 18, 2022
ECB may need to restrict growth to tame inflation, Lagarde says
FRANKFURT (Reuters) - The European Central Bank will keep raising interest rates and may even need to restrict economic activity to tame inflation ECB President Christine Lagarde said on Friday, singl...
Syndicated Content Nov 18, 2022
Australia proposes to require cleaner gasoline by 2025, with aid to refiners
By Sonali Paul MELBOURNE (Reuters) - Australia proposed on Friday to tighten gasoline quality requirements by 2025 in line with most rich countries, while offering more aid to its two refiners, Ampol ...
Syndicated Content Nov 18, 2022
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) - A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issues at o...
Syndicated Content Nov 18, 2022
European shares open higher as battered miners rise
(Reuters) - European shares opened higher on Friday after two straight days of declines, as investors snapped up beaten-down miners, though gains were limited by hawkish comments from more U.S. Federa...
Syndicated Content Nov 18, 2022
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