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 …