Reuters

(Reuters) – Fitch Ratings affirmed China’s ratings at ‘A+’ with a stable outlook on Thursday. Fitch forecasted China’s economy to grow by 4.1% in 2023, up from 2.8% in 2022, …

By Andy Bruce MANCHESTER, England (Reuters) – A ninth interest rate hike in a row by the Bank of England looks to be a foregone conclusion on Thursday and investors …

SINGAPORE (Reuters) – Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement …

ISLAMABAD (Reuters) – Pakistan has signed a $475 million loan agreement for flood relief with the Asian Development Bank (ADB), the country’s economic affairs minister said on Thursday, taking the …

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The Biden administration plans to remove some Chinese entities from a red flag trade list, a U.S. official told Reuters on Wednesday …

By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk …

NEW DELHI (Reuters) – Wheat stocks in India’s government warehouses will fall by about 13% by early next month from current levels but will be sufficient for welfare schemes of …

By Upasana Singh (Reuters) – Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine conflict broke out in February, as China easing its strict …

BERLIN (Reuters) – Germany’s wholesale price index eased in November compared to the previous month, as signs mounted that inflation could peak in Europe’s largest economy, according to data released …

(Reuters) – Foreign investors were net buyers of Japanese stocks last week, as worries about the U.S. Federal Reserve’s interest rate hikes eased and sentiment improved after China eased its …

ZURICH (Reuters) – British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the 226 employees working there, the Tages-Anzeiger paper and other Swiss …

By Jamie McGeever ORLANDO, Fla. (Reuters) -The comfort blanket of juicy illiquidity premiums that private debt investors enjoy in return for locking in to an opaque and illiquid market is …

By Victoria Klesty OSLO (Reuters) – Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury carmaker …

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday it would raise its base rate charged through the overnight discount window by 50 basis points to 4.75%, …

By Laura Sanicola (Reuters) – U.S. oil refiner PBF Energy is closing out one of the best financial years in its history, a wild bounce back from the brink in …

By Davide Barbuscia and David Randall (Reuters) – Some investors believe an expected recession will force the Federal Reserve to loosen monetary policy next year, even as the central bank …

By Christoph Steitz FRANKFURT (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an …

By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s property sector shrank further in November, with falls in prices, sales and investment, partly as COVID-19 restrictions hit demand, although recent …

A look at the day ahead in European and global markets from Ankur Banerjee With the market on edge after hawkish rhetoric from the Fed, the stage is set for …

By Ellen Zhang and Joe Cash BEIJING (Reuters) – China’s economy lost more steam in November as factory output slowed and retail sales extended declines, both missing forecasts and clocking …

JAKARTA (Reuters) – Indonesia posted a larger-than-expected trade surplus last month, as imports unexpectedly contracted on a yearly basis while exports slowed, official data showed on Thursday. November imports were …

(Reuters) – Ford Motor Co and China’s Contemporary Amperex Technology Co Ltd (CATL) are considering building a battery plant in Michigan or Virginia to reap tax benefits without treading on …

By Tetsushi Kajimoto and Mariko Katsumura TOKYO (Reuters) -Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth …

By Francesco Guarascio HANOI (Reuters) -U.S. defence firms have discussed supplying military gear, including helicopters and drones, to Vietnam in talks with top government officials, two sources with knowledge of …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep ultra-low interest rates and dovish guidance next week, signalling its resolve to hold off on withdrawing …