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China cbank fully rolls over medium-term policy loans, rate unchanged
SHANGHAI (Reuters) - China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month on Monday, matching market expectations. The People...
Syndicated Content Oct 16, 2022
Oil bounces higher as U.S. dollar’s strength eases
By Florence Tan SINGAPORE (Reuters) - Oil prices rose in thin trade in early Asian hours on Monday as the U.S. dollar's strength eased while investors awaited data from China to gauge demand at the wo...
Syndicated Content Oct 16, 2022
Asia shares slip, make or break day for UK bonds
By Wayne Cole SYDNEY (Reuters) - Asian share markets slipped on Monday following another drubbing for Wall Street as investors brace for further drastic tightening in global financial conditions, with...
Syndicated Content Oct 16, 2022
Analysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks
By Ellen Zhang and Ryan Woo BEIJING (Reuters) - By any account, $1 trillion seems huge. That's the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastr...
Syndicated Content Oct 16, 2022
Analysis-Indonesia’s defences start crumbling against relentless dollar
By Rae Wee and Summer Zhen SINGAPORE (Reuters) - Indonesia's currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia's largest economy is...
Syndicated Content Oct 16, 2022
Kakao says service outage’s financial effect expected to be limited
SEOUL (Reuters) -Kakao Corp, South Korea's dominant chat app operator, said on Monday the financial effect of a widespread service outage was expected to be limited on Kakao and its key units. A fire ...
Syndicated Content Oct 16, 2022
Japan top currency diplomat: would respond firmly to excessive FX moves
TOKYO (Reuters) - Japan would firmly respond to any excessive currency fluctuations, its top currency diplomat Masato Kanda said, following the yen's sharp fall to a 32-year low to the dollar. Each co...
Syndicated Content Oct 16, 2022
UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) - Britain's housing market lost momentum this month after Prime Minister Liz Truss's economic plans upset financial markets and triggered a repricing of the mortgage market, data from...
Syndicated Content Oct 16, 2022
UK CFOs say credit is expensive, hit by “mini-budget” – Deloitte survey
By William Schomberg LONDON (Reuters) - More large British companies view borrowing as expensive than at any time in the past decade, due partly to financial market turmoil caused by the government's ...
Syndicated Content Oct 16, 2022
New UK finance minister faces market verdict after gutting Truss’s plans
By William Schomberg LONDON (Reuters) - Britain's new finance minister Jeremy Hunt faces an early test of his attempt to stem the crisis of confidence in Prime Minister Liz Truss on Monday when the bo...
Syndicated Content Oct 16, 2022

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