Business News

BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and …

By Sophie Yu and Martin Quin Pollard BEIJING (Reuters) – Searches on Chinese travel sites surged and social media platforms were flooded with delight and relief on Wednesday as the …

By Roger Tung TAIPEI (Reuters) -Taiwan’s exports fell for the third straight month in November and more sharply than forecast due to the worsening state of theglobal economy and China’s …

FRANKFURT (Reuters) – Euro zone consumer expectations for inflation in the year ahead rose in October but predictions for three years out held steady at a rate still well above …

By Nikunj Ohri New Delhi (Reuters) – India’s spending on subsidised foodgrain to the poor may rise to 2.7 trillion rupees ($32.74 billion) this fiscal year, as the government continues …

By Leika Kihara TOKYO (Reuters) -It is premature for the Bank of Japan to tweak its ultra-loose monetary policy, board member Toyoaki Nakamura said on Wednesday, stressing the need to …

BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in November, central bank data showed on Wednesday, as the dollar weakened against other major currencies. The country’s foreign …

A look at the day ahead in European and global markets from Anshuman Daga While European shares ended lower for the third straight session on Tuesday, spooked by recession worries, …

By Susanna Twidale and Simon Jessop LONDON (Reuters) – The World Bank and partners including Singapore on Wednesday launched a global tracking system to clean up the opaque market for …

By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s economy remains firmly on the path to recovery despite global uncertainty, and further interest rate hikes will be gradual to …

By Vladimir Soldatkin MOSCOW (Reuters) -Russian largest oil producer Rosneft said on Wednesday its nine-month profit was hit by the transfer of assets in Germany which took control of a …

By Howard Schneider, Balazs Koranyi and Mark John WASHINGTON (Reuters) – Thomas Barkin, Richmond Federal Reserve President, was poring over the latest inflation-related data one morning this June after breakfast …

By Lewis Jackson SYDNEY (Reuters) -Key regional airlines said on Wednesday they expected to continue scheduled flights with New Zealand, which is beginning to ration jet fuel after a recent …

BERLIN (Reuters) – German industrial production fell less than expected in October, official data showed on Wednesday, in part dragged down by a decrease in production in energy-intensive industrial sectors. …

By Jamie McGeever ORLANDO, Fla. (Reuters) -As some banks publish their semi-serious market predictions for the year ahead, the utterly wild ride that blindsided everyone in 2022 suggests that, this …

By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV …

BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions and a …

BENGALURU (Reuters) – The Reserve Bank of India’s key repo rate was raised by 35 basis points (bps) on Wednesday as widely expected, the fifth straight increase as inflation remains …

By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) – Taiwan’s economy minister said on Wednesday that the island remains chipmaker TSMC’s most important production base after the company announced it …

By Chris Taylor NEW YORK (Reuters) – If you ever want to start a raging family debate over the holiday dinner table, forget religion or politics – just bring up …

SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company …

By Byron Kaye SYDNEY (Reuters) -An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimates on …

BANGKOK(Reuters) – Thailand’s headline consumer price index (CPI) rose by a less-than-expected 5.55% in November from a year earlier, the slowest pace in seven months, helped by lower food prices, …

DUBAI (Reuters) – The United Arab Emirates’ non-oil private sector grew in November at its slowest pace since January, as signs emerged that concern over a global slowdown weighed on …