Business News

By Gabriel Burin (Reuters) – Brazil likely registered mild deflation in June in monthly terms from lower fuel costs and cheaper foodstuffs, adding to the case for a potential start …

BEIJING (Reuters) – China’s central bank on Monday extended until the end of 2024 some policies in a November rescue package to shore up the real estate sector, with current …

(Reuters) -Citigroup on Monday downgraded U.S. stocks in anticipation of a pullback in growth stocks and a recession in the fourth quarter of the year, while betting on beaten-down counterparts …

By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle (SUV) in India aimed at young car buyers, a move …

By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on Monday as China’s $984 million fine for Ant Group was …

BEIJING (Reuters) – The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant’s woes and given hope to …

By Seunggyu Lim SEOUL (Reuters) -South Korea’s financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer …

By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – The cost of serving up a sandwich with a cup of coffee has hit the roof across Australia’s vaunted cafes, squeezing …

By Clare Jim HONG KONG (Reuters) – Hong Kong’s move to raise the maximum mortgages available to some homebuyers, its first relaxation in curbs on home purchases adopted in 2009, …

By Curtis Williams and Nia Williams HOUSTON (Reuters) – A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the …

By Michelle Price WASHINGTON (Reuters) – Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support …

By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed …

A look at the day ahead in U.S. and global markets from Mike Dolan Last week’s bond market storm calmed somewhat on Monday, but the interest rate horizon now relies …

By Hilary Russ NEW YORK (Reuters) – Pro-union baristas at Starbucks are taking their campaign on the road on Monday and trying a new tactic along the way: asking the …

By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online, framing it in sharp distinction to the …

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a …

BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer …

SHANGHAI (Reuters) – China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates. Chinese …

By Leika Kihara TOKYO (Reuters) -Many regional areas of Japan saw small and mid-sized firms aggressively raise wages, reflecting intensifying labour shortages, the Bank of Japan (BOJ) said on Monday, …

BERLIN (Reuters) – Investor morale in the euro zone sank more than expected in July, hitting a low not seen since Europe’s energy crisis last November, as the currency union …

MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at …

By Clare Jim HONG KONG (Reuters) -For most young adults, moving out of home is a rite of passage but in Hong Kong – notorious for its chronic lack of …

BEIJING (Reuters) -China’s producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation, adding to the case for …

(Reuters) -Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next move and rate setters in New Zealand and Canada meet. …

SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader shake-up that could soon see its chief replaced. Westpac announced …