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Alarmed by Evergrande, China’s lenders hold back on new credit for property developers
By Engen Tham SHANGHAI/BEIJING (Reuters) - As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new cred...
Syndicated Content Sep 24, 2021
Taiwan export orders growth underwhelms on smartphones
TAIPEI (Reuters) - Taiwan's export orders grew less than forecast in August on unexpectedly weaker demand for new smartphones, though the government said the demand outlook for the island's tech goods...
Syndicated Content Sep 24, 2021
Global equity funds see their first outflows in 2021 – BofA
By Saikat Chatterjee LONDON (Reuters) -Global equity funds saw their first outflows in 2021 as rising pessimism about U.S. President Joe Biden's spending plans triggered large outflows, while cash, go...
Syndicated Content Sep 24, 2021
French fashion company Kering says it will be going entirely fur free
PARIS (Reuters) -France's Kering said it had decided to stop using animal fur across all of its brands, in the fashion industry's latest response to concerns over animal treatment and the environment....
Syndicated Content Sep 24, 2021
Kakao Pay pushes back planned $1.3 billion IPO to November
SEOUL (Reuters) -South Korean financial technology firm Kakao Pay Corp said on Friday it had decided to push back its planned initial public offering, worth as much as 1.5 trillion won ($1.28 billion)...
Syndicated Content Sep 24, 2021
Italy business confidence slips in Sept but consumer morale hits record high
ROME (Reuters) - - Morale amongst Italian businesses slipped for a second month running in September but consumer confidence jumped to its highest level for more than 23 years, data showed on Friday. ...
Syndicated Content Sep 24, 2021
German business morale falls on manufacturing ‘bottleneck recession’
BERLIN (Reuters) - German business morale fell for the third month running in September, hit by supply chain problems that are causing a "bottleneck recession" for manufacturers in Europe's largest ec...
Syndicated Content Sep 24, 2021
Explainer-How China Evergrande’s debt troubles pose a systemic risk
By Clare Jim HONG KONG (Reuters) - China Evergrande Group has missed a dollar bond interest payment deadline, moving closer to a potential default and fuelling worries about a collapse that could send...
Syndicated Content Sep 24, 2021
New York, London keep top spots in global financial centres index
By Huw Jones LONDON (Reuters) - New York easily kept the top spot in the latest Global Financial Centres Index (GFCI), while London held on to second place as Chinese cities slipped, according to the ...
Syndicated Content Sep 24, 2021
Take Five: “Auf Wiedersehen Merkel, hallo…?”
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/GERMANY'S 'MUTTI' BOWS OUT Sunday's ...
Syndicated Content Sep 24, 2021
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