Business News

PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as …

By David Lawder NUSA DUA, Indonesia (Reuters) -Indonesia, the Asian Development Bank and a private power firm said on Monday they are teaming up to refinance and prematurely retire a …

LONDON (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ructions unleashed by September’s mini-budget, markets are paying close attention. Chaos reigns in cryptoland as trouble …

TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to …

NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March 2021, helped by a fall in commodity prices, government data …

By Leika Kihara NUSA DUA, Indonesia (Reuters) -Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked …

By Nevzat Devranoglu ANKARA (Reuters) -Turkey’s central bank has put the finishing touches to a reserve-management system that has stabilised the lira currency ahead of elections in 2023, thanks to …

JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday. …

TOKYO (Reuters) – Mizuho Financial Group, Japan’s third-largest lender by assets, on Monday reported a 29.3% increase in second-quarter net profit. Mizuho posted a profit of 174.67 billion yen ($1.25 …

By Tetsushi Kajimoto TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would stick to monetary easing to support the economy for the present …

By Karl Plume SPIRITWOOD, North Dakota (Reuters) – North Dakota’s soybean industry is at the forefront of what could be a once-in-a-generation transformation in coming years, with two new processing …

BERLIN (Reuters) – Airbus Chief Executive Guillaume Faury believes China and the West will reduce their mutual dependency in the long term but there is no question of them breaking …

By Yoruk Bahceli (Reuters) – As the most volatile period in years for traders draws to a close, the year-end dash for cash and high-quality assets will likely prove more …

By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during …

A look at the day ahead in European and global markets from Anshuman Daga Markets have got all excited after last week’s rip-roaring rally in global equities, a big tumble …

PARIS (Reuters) – The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union to finance green …

By Kevin Buckland TOKYO (Reuters) – Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a …

BANGKOK (Reuters) – Thailand’s monetary policy would be “measured and gradual” to support economic recovery, Bank of Thailand governor Sethaput Suthiwartnarueput told a seminar on Monday. The economy was recovering …

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka unveils a budget on Monday attempting to put the South Asian government’s finances in order, with reforms to advance a $2.9 global …

(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd said on Monday it expected to operate 70% of its pre-pandemic passenger flight capacity by the end of 2023, up from a planned …

(Reuters) -Three of Australia’s ‘big four’ banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon, who took the banks to court two years ago …

HONG KONG (Reuters) – Macau casino operators, vying for a licence in the world’s biggest gambling hub, are expected to invest a total of around 100 billion patacas ($12.4 billion) …

By Andrea Shalal WASHINGTON (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing …

NUSA DUA, Indonesia (Reuters) – Indonesia’s economy is expected to grow 5.4% in 2022 on a yearly basis, its chief economic minister told a business conference ahead of the G20 …

NEW YORK (Reuters) – Visa Inc, the world’s largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX. “The situation with …