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SEOUL (Reuters) – Bank of Korea (BOK) monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs have intensified between external and…
AMSTERDAM (Reuters) – The Dutch economy shrank 0.2% on a quarterly basis in the third quarter as rising interest rates slowed down the housing market and surging inflation put a…
LONDON (Reuters) – Investment bank JPMorgan cut its forecasts for economic growth in China on Tuesday due to the country’s ongoing COVID-19 restrictions. JPMorgan has lowered its projections a number…
(Reuters) – Spanish consumer prices rose 7.3% year-on-year in October, down from 8.9% in the period through September, final data released by the National Statistics Institute showed on Tuesday. Analysts…
TAIPEI (Reuters) – China is no longer a place to invest and has left “the free market” under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor…
By James Davey LONDON (Reuters) – More Britons began their Christmas shopping early this year as they navigate a worsening cost-of-living squeeze by budgeting their spending, market research group NielsenIQ…
BERLIN (Reuters) -Germany’s wholesale prices grew in October at their slowest rate since the start of the war in Ukraine, rising 17.4% year on year, although the cost of many…
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate eased to 3% in October from 3.1% in September, with higher food prices driving the latest price rise, the General Authority for…
PARIS (Reuters) -Unemployment in France eased back to its lowest in 14 years in the third quarter, official data showed on Tuesday, a figure that should be welcomed by the…
By Isla Binnie NEW YORK (Reuters) – Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push…
By Amanda Cooper, Samuel Indyk and Harry Robertson LONDON (Reuters) – The moment of truth is almost here for Britain’s new prime minister Rishi Sunak and finance minister Jeremy Hunt.…
By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) – Japan’s economy unexpectedly shrank for the first time in a year in the third quarter, stoking further uncertainty about the outlook…
By Julie Zhu, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – The fintech arm of Chinese e-commerce firm JD.Com aims to win Beijing regulators’ approval to list in Hong…
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy…
By Tom Sims, Marta Orosz and John O’Donnell FRANKFURT (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy…
By David Lawder NUSA DUA, Indonesia (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva warned G20 leaders on Tuesday against allowing trade protectionism to “take root” and said fragmentation of…
By Sonali Paul MELBOURNE (Reuters) – Shareholders in AGL Energy, Australia’s largest power producer, on Tuesday defied their board and approved all four directors proposed by the company’s top shareholder,…
By Rocky Swift and Mayu Sakoda TOKYO (Reuters) – Japanese medical equipment maker Olympus Corp has largely completed a slew of asset sales and is now keen to do deals,…
SHANGHAI (Reuters) -China’s central bank partially rolled over maturing medium-term policy loans and kept the interest rate unchanged for a third straight month on Tuesday, suggesting policymakers remain wary of…
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Tuesday highlighted the importance of sustainable finance to address climate change and achieve decarbonisation. “Sustainable finance has a crucial role…
TOKYO (Reuters) – Nothing is blocking discussions between Nissan and Renault over the future of their alliance and the two companies will have “important talks” on Tuesday and Wednesday, the…
By Jeffrey Dastin (Reuters) -Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on…
By Shaloo Shrivastava BENGALURU (Reuters) – The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat soaring inflation and limit weakening…
By David Shepardson and Tim Hepher WASHINGTON/PARIS (Reuters) -Boeing Co said on Monday that operators of its 787 Dreamliner jetliners have experienced paint peeling issues on wing and horizontal stabilizer…
BEIJING (Reuters) – China’s property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year.…