Business News

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda will receive a meagre 0.4% pay rise in 2022 after two years of cuts, the central bank said on Friday, even …

By Suban Abdulla LONDON (Reuters) – Demand for rental homes in Britain rose in October as prospective first-time buyers put off purchases amid the surge in mortgage rates, property website …

By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the value of the Milan bourse and bring to 12 the …

BERLIN (Reuters) – The German economy grew slightly more in the third quarter than suggested by preliminary figures on the back of consumer spending, adding to signs that a coming …

LONDON (Reuters) – Britain’s Office for National Statistics on Friday revised up its producer price inflation figures because of an error, meaning factory gate inflation this year has been higher …

By Mimosa Spencer PARIS (Reuters) – The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, increases pressure on …

FRANKFURT (Reuters) -Euro zone wage growth could keep pushing up inflation for years but this does not signal a permanent shift in wage dynamics and current indicators underlying inflation may …

MOSCOW (Reuters) – The Russian rouble strengthened on Friday, trading in a narrow range between 60 and 61 to the dollar as it has for much of the week, supported …

BERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is just above a record low …

A look at the day ahead in European and global markets from Tom Westbrook Treasuries emerged from Thanksgiving in fine fettle, but other assets were a little slower off the …

By Jonathan Cable LONDON (Reuters) – British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost …

TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a person with …

By Xinghui Kok SINGAPORE (Reuters) – Singaporean households, corporates and banks have seen an increase in financial vulnerability this year, the city-state’s central bank said on Friday, warning people to …

By David Randall NEW YORK (Reuters) – Investors hoping for the year-end to bring stock market gains after a punishing year have history on their side as U.S. equities traditionally …

By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of …

By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) -International Holding Company plans to sell 20% of its technology unit in an initial public offering next year, its CEO told …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s factory output likely fell for a second straight month in October, while retail sales probably grew at the fastest pace since May 2021, …

KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) rose 4% from a year earlier in October, government data showed on Friday. The rise was slightly faster than the 3.9% …

(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd is in talks with aircraft manufacturers about orders for medium-haul aircraft and dedicated freighters, a senior executive said on Friday. “Overall we have …

By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose at their fastest annual pace in 40 years …

(Reuters) – Debt-laden developer China Evergrande Group is communicating with a Chinese municipal district in Wuhan City that repossessed 134,500 hectares (332,356.7 acres) of land formerly held by a unit …

By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next year, according to a Reuters poll of analysts who forecast …

By Valentine Hilaire MEXICO CITY (Reuters) – Mexican cryptocurrency exchange unicorn Bitso laid out a transparency roadmap, as pressure from users mounted following the high-profile collapse of crypto exchange FTX, …

MADRID (Reuters) – An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing …