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Factbox-Spies, lies and chairman’s exit: Credit Suisse’s scandals
(Reuters) - Credit Suisse Chairman Antonio Horta-Osorio has resigned https://www.reuters.com/business/finance/credit-suisse-group-appoints-axel-lehmann-new-chairman-2022-01-16 after flouting COVID-19 ...
Syndicated Content Jan 16, 2022
China 2021 crude steel output retreats 3% from record high on stringent production curbs
By Min Zhang and Dominique Patton BEIJING (Reuters) -China's annual crude steel production fell for the first time in six years in 2021, retreating from record levels it logged in 2020 as the country ...
Syndicated Content Jan 16, 2022
China’s Q4 and 2021 GDP grow faster than expected
BEIJING (Reuters) -China's economy grew 4.0% in the fourth quarter from a year earlier, faster than expected but its weakest expansion in one-and-half years, National Bureau of Statistics data showed ...
Syndicated Content Jan 16, 2022
Dollar finds a footing as traders brace for hawkish Fed
By Tom Westbrook SYDNEY (Reuters) - The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding s...
Syndicated Content Jan 16, 2022
China cuts rates on policy loans for first time since April 2020
SHANGHAI (Reuters) - China's central bank on Monday cut the borrowing costs of its medium-term loans for the first time since April 2020, defying market expectations, to cushion any economic slowdown....
Syndicated Content Jan 16, 2022
Oil extends rally on supply tightness, Brent at more than 3-year high
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output by ma...
Syndicated Content Jan 16, 2022
Japan machinery orders rise more than expected, govt welcomes pick-up signs
By Daniel Leussink TOKYO (Reuters) - Japan's core machinery orders rose for a second straight month in November, government data showed on Monday, a sign that corporate appetite for capital spending r...
Syndicated Content Jan 16, 2022
Asia braces for China data, oil nears 2021 highs
By Wayne Cole SYDNEY (Reuters) - Asian share markets got off to a cautious start on Monday as the U.S. earnings season loomed large and a slew of Chinese economic data were expected to show the deaden...
Syndicated Content Jan 16, 2022
Moody’s places all Citibanamex ratings, assessments on review for downgrade
MEXICO CITY (Reuters) - Ratings agency Moody's Investors Service on Sunday placed all ratings and assessments of the consumer banking arm of Citigroup in Mexico on review for downgrade. In a statement...
Syndicated Content Jan 16, 2022
Asking prices for UK homes rise by most since 2016 – Rightmove
LONDON (Reuters) - Asking prices for British homes rose by the most in annual terms in nearly six years in early 2022, according to a survey that showed how a severe shortage of properties for sale is...
Syndicated Content Jan 16, 2022
Peoria, IL, USA
53 °F Partly cloudy
