Breaking Business news from across New Jersey.
By Donny Kwok and Scott Murdoch HONG KONG/SYDNEY (Reuters) – Another obstacle to embattled developer China Evergrande Group’s long-pending debt restructuring plan rekindled fears for China’s crisis-hit property sector on…
By Ann Saphir (Reuters) – It’s a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Financial markets respond with bets to…
By Leika Kihara OSAKA (Reuters) -Bank of Japan Governor Kazuo Ueda said there was “very high uncertainty” over whether companies would continue raising prices and wages, stressing anew the bank’s…
HONG KONG (Reuters) – Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the mainland, two sources with knowledge…
KYIV (Reuters) – An International Monetary Fund monitoring mission started work on Monday on the second review of a $15.6 billion multi-year loan program for Ukraine. Vahram Stepanyan, IMF’s resident…
By Scott Murdoch (Reuters) -Australian casino operator Star Entertainment Group is tapping the capital markets for a second time in 2023 as it aims to raise A$750 million ($481.43 million)…
By Byron Kaye and Himanshi Akhand SYDNEY (Reuters) -Australia’s biggest airline Qantas Airways said on Monday it will spend more than previously planned to improve “customer pain points” but warned…
PARIS (Reuters) – The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should try to avoid a hard…
(Reuters) – Spanish industrial prices fell a record 10% in the 12 months through August, from a revised 8.6% decrease in the 12 months through July, the National Statistics Institute…
(Reuters) -The moment investors have been waiting for seems to finally have arrived, as major central banks have indicated they are nearing the end of their string of interest-rate rises.…
By Jamie McGeever ORLANDO, Florida (Reuters) -The Federal Reserve’s hawkish stance on interest rates, and determination to reduce its balance sheet, may inadvertently be stoking financial stability risks by encouraging…
By Nick Carey and Alistair Smout LONDON (Reuters) – Britain’s decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a…
By Elena Fabrichnaya MOSCOW (Reuters) – A U.S. sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for departing foreign firms when…
By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.4% in August, almost matching economists’ forecasts, and easing compared with July’s figures due to lower inflation for…
By Vuyani Ndaba JOHANNESBURG (Reuters) – The Bank of Ghana is expected to complete its hiking cycle later on Monday as its economy shows signs of falling inflation after 1,650…
A look at the day ahead in European and global markets from Brigid Riley Investors head into the final week of the quarter still digesting last week’s surprising and at…
BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the…
By Francesco Guarascio and Khanh Vu HANOI (Reuters) – Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world’s largest, according…
By Divya Chowdhury and Savio Shetty MUMBAI (Reuters) -Indian bond markets won’t see a jump in volatility in the near-term after JPMorgan announced India’s inclusion in its widely tracked emerging…
By Anant Chandak and Susobhan Sarkar BENGALURU (Reuters) – Thailand’s central bank will leave its key policy rate unchanged at 2.25% on Wednesday and likely through 2024, marking an end…
By Nick Carey (Reuters) – The European Union and Britain need to take urgent action to postpone rules for electric vehicles traded between the bloc and the UK that will…
By Christian Kraemer BERLIN (Reuters) – The German government will put on indefinite hold plans to require more stringent building insulation standards, environment minister Robert Habeck told Reuters, an effort…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia kicks off the last week of the quarter on…
By Hadeel Al Sayegh (Reuters) – Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the…
By Nathan Gomes and Mrinmay Dey (Reuters) -Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the…