Category Archives:
IMF warns of unbalanced China recovery, policy uncertainty
BEIJING (Reuters) - The International Monetary Fund said that China's economic recovery is well advanced but imbalanced due to weak consumption, and also warned of uncertainty brought by regulatory cr...
Jan 28, 2022
Renault to produce new Alpine model at Dieppe site
PARIS (Reuters) - French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday. "There was uncer...
Jan 28, 2022
China’s Xiamen city paves way for long-discussed property tax pilot
BEIJING (Reuters) - The Chinese city of Xiamen is preparing for the launch of a pilot real estate tax as part of efforts to guard against major market fluctuations, in the latest sign China is moving ...
Jan 28, 2022
LVMH shares rise after luxury giant’s Q4 sales growth accelerated
PARIS (Reuters) - Shares in LVMH rose on Friday after the world's largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth. LVMH shares were up 3.9 percent in earl...
Jan 28, 2022
Russian authorities draw up ‘road map’ to regulate cryptocurrencies -document
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russian authorities have drawn up a 'road map' that envisages restrictions on cryptocurrencies but not a complete ban as advocated by the c...
Jan 28, 2022
Britain’s Cineworld hit by appeal in Cineplex legal battle
(Reuters) - Cineworld Group said on Friday Canada's Cineplex Inc filed an appeal against its plea challenging an order the British cinema operator pay C$1.23 billion ($965.92 million) in damages to Ci...
Jan 28, 2022
Marketmind: Transatlantic split
A look at the day ahead from Sujata Rao. After U.S. Q4 GDP came in at an annualised 6.9%, the highest since 1983, could Europe go one better? Yes and no. France just posted data showing the economy in...
Jan 28, 2022
BOJ’s Kuroda says targeting shorter yield under YCC among future options
TOKYO (Reuters) - The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield as an option when the time comes to exit its ultra-easy policy, the central bank's g...
Jan 28, 2022
China regulator issues draft rules for cyberspace content providers
(Reuters) - China's cyberspace regulator issued draft rules on Friday for content providers that use deep learning and virtual reality technology, the latest measure to mould a cyberspace that promote...
Jan 28, 2022
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean steelmaker POSCO's operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher pri...
Jan 28, 2022
Peoria, IL, USA
46 °F Overcast
