Category Archives:
Investment banks rush to cut yuan forecasts, 7 per dollar at risk
By Tom Westbrook SINGAPORE (Reuters) - Major investment houses have cut their yuan forecasts as its fall against the dollar accelerates, with some expecting a breach of the 7-per-dollar milestone befo...
Syndicated Content Sep 05, 2022
China’s 2022 property sector outlook worsens, home prices seen falling
BEIJING (Reuters) - Woes in China's residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on...
Syndicated Content Sep 05, 2022
Thai headline CPI meets forecast in August, may have peaked
By Kitiphong Thaichareon and Satawasin Staporncharnchai BANGKOK (Reuters) - Thailand's headline inflation rate in August rose slightly from the previous month to a 14-year high, in line with forecast ...
Syndicated Content Sep 05, 2022
Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) - Hong Kong's High Court approved on Monday an application by China Evergrande Group and its major offshore credit group to adjourn a winding-up petition against it to Nov. 7. An i...
Syndicated Content Sep 05, 2022
Porsche IPO plans progressing, no decision yet – VW CFO
BERLIN (Reuters) - Preparations for a possible listing of Volkswagen's sports car brand Porsche are going according to plan but no decision has been taken yet, Volkswagen chief financial officer Arno ...
Syndicated Content Sep 05, 2022
Aston Martin confirms $660 million rights issue
LONDON (Reuters) -British luxury carmaker Aston Martin confirmed on Monday a 575.8 million pound ($659.75 million) rights issue, with backing from investors including Saudi Arabia's sovereign wealth f...
Syndicated Content Sep 05, 2022
Russian services sector slips back into contraction in August -PMI
MOSCOW (Reuters) - Russia's service sector inched back into contraction in August, with broadly unchanged levels of output, a business survey showed on Monday, as consumer demand waned and firms reduc...
Syndicated Content Sep 05, 2022
IMF calls for EU fiscal capacity, rules to be linked to risk
By Jan Strupczewski BRUSSELS (Reuters) - The European Union should set up a fiscal capacity to pay for EU public goods, link the pace of debt cuts to individual country risk and let independent fiscal...
Syndicated Content Sep 05, 2022
India’s August trade deficit eases from record levels
MUMBAI (Reuters) - India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion in the previous month. Here are the views of some anal...
Syndicated Content Sep 05, 2022
Marketmind: Paused stream
A look at the day ahead in European and global markets from Tom Westbrook As far as first days go, Monday is shaping as a doozy for Britain's new Prime Minster. That's widely expected to be Liz Truss,...
Syndicated Content Sep 05, 2022
Peoria, IL, USA
60 °F Partly cloudy
