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HONG KONG (Reuters) - HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city's central bank raising the base rate. The Hong Kong Monetary Auth...

By Davide Barbuscia NEW YORK (Reuters) - Investors' faith in a soft landing for the U.S. economy is being heavily tested, as a jumbo-sized interest rate hike from the Federal Reserve stirs worries ove...

By Helen Reid JOHANNESBURG (Reuters) - Russia has torpedoed a Western-backed proposal to discuss whether its diamonds are funding war ahead of an international conflict diamond meeting in Botswana, le...

(Reuters) -Abbott Laboratories said on Wednesday it has stopped production of its EleCare specialty formula after severe storms in southwestern Michigan flooded areas of its plant in Sturgis, Michigan...

By Shashwat Awasthi and Savyata Mishra (Reuters) - Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, while repeated COVID-...

By Anshuman Daga SINGAPORE (Reuters) - Deals to take private Singapore's real estate investment trusts (REITs) are expected to gain momentum as the companies reel under rising interest rates and fierc...

By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's May new home prices fell for the second month this year, official data showed on Thursday, depressed by still fragile demand as widespread COV...

SEOUL (Reuters) - South Korean President Yoon Suk-yeol promised on Thursday to remove outdated regulations hindering new businesses while calling for an immediate start to reforming labour practices, ...

By Jeslyn Lerh SINGAPORE (Reuters) - Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers...

By Andrew Galbraith SHANGHAI (Reuters) - Asian stocks rose on Thursday, while longer-dated U.S. government bond yields fell and the dollar was down from two-decade highs after the U.S. Federal Reserve...