Breaking Business news from across New Jersey.
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 …
Breaking Business news from across New Jersey.
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. …