Business News

LONDON (Reuters) – British manufacturing activity fell for a fourth month in a row in November, as businesses faced the weakest overseas demand in two-and-a-half years, leading to job cuts …

HONG KONG (Reuters) – Hong Kong’s retail sales rose in October helped by improved tourism from eased pandemic restrictions and disbursement of a new batch of consumption vouchers,but the government …

BEIJING (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard …

By Harish Sridharan (Reuters) – Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see …

FRANKFURT (Reuters) – Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors will need to force them to be …

LONDON (Reuters) – The downturn in manufacturing activity across the euro zone eased in November, according to a survey which suggests while the bloc’s factories still face a harsh winter …

By Carolina Mandl NEW YORK (Reuters) -Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public …

SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to …

By Simon Jessop LONDON (Reuters) – More than 220 investors managing $30 trillion have signed up to a plan to push companies over social issues and human rights, with an …

(Reuters) – The head of Meta Platforms’ business group said on Wednesday that the holiday shopping season started earlier than usual this year and produced a Black Friday sales weekend …

By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll found, while bearish positions …

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon adorn U.S. dollars in order to avoid the illegible scrawls …

ZURICH (Reuters) – Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank’s 0-2% target range for the 10th month in a row, …

By Harry Robertson LONDON (Reuters) – The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by …

By Siyi Liu and Dominique Patton BEIJING (Reuters) – The head of China’s Zijin Mining Group Co Ltd said lithium prices now at record levels could halve by end-2025, telling …

By Vladimir Soldatkin and Olesya Astakhova MOSCOW (Reuters) -President Vladimir Putin’s plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with …

By Davide Barbuscia and David Randall (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday, but some …

By Kevin Yao BEIJING (Reuters) – China’s $17 trillion economy is headed for one of its worst showings this year in almost half a century, but its central bank has …

By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s inflation rate eased in November but stayed above the central bank’s target range for the sixth consecutive month amid rising food prices and …

MOSCOW (Reuters) – Russia’s manufacturing sector expanded at its fastest pace in almost six years in November thanks to an increase in output and new orders, a business survey showed …

By Leika Kihara AKITA, Japan (Reuters) -Bank of Japan board member Asahi Noguchi said on Thursday the central bank could “pre-emptively” withdraw monetary stimulus if trend inflation, which takes into …

BEIJING (Reuters) – Prices for new homes in China fell for a fifth straight month in November, increasing the government’s challenge in stabilising the property development industry, a private survey …

By Shaloo Shrivastava BENGALURU (Reuters) – The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December, according to economists polled by …

By Rachel Savage and Bhargav Acharya JOHANNESBURG (Reuters) -Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and …

A look at the day ahead in European and global markets from Ankur Banerjee: With a Fed pivot coming in to view, thanks to Jerome Powell, and optimism about China’s …