China holds lending benchmarks for 6th month, but more easing seen
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for a sixth straight month in February, as expected, …
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for a sixth straight month in February, as expected, …
SEOUL (Reuters) – South Korea’s finance minister reaffirmed on Friday his view that consumer prices would ease around the April-May months, a week after data …
By Kantaro Komiya TOKYO (Reuters) -Japan is considering relaxing controls on exports to South Korea as its president, Yoon Suk-yeol, seeks to improve ties amid …
By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. …
PARIS (Reuters) – France will have high inflation levels in the next few months, particularly regarding food items, before it will then likely ease in …
By Michael S. Derby NEW YORK (Reuters) – New data from the Cleveland Federal Reserve tracking housing sector inflation suggests one of the key drivers …
By Jason Lange WASHINGTON (Reuters) – U.S. lawmakers, both Republicans and Democrats, on Sunday pressed Democratic President Joe Biden to take action to manage an …
BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes projected on Thursday interest rates would start to fall by mid-2023 and the economy would expand by …
By Upasana Singh (Reuters) – Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine conflict broke out in February, …
(Reuters) – Travel website KAYAK, owned by Booking Holdings Inc, said domestic searches for hotels within China surged last week, after the country loosened its …
SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation …
By Sophie Yu and Martin Quin Pollard BEIJING (Reuters) – Searches on Chinese travel sites surged and social media platforms were flooded with delight and …
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors piling into China’s tourism, catering and beverage stocks as Beijing eases strict COVID-19 curbs …
MEXICO CITY (Reuters) – Mexico’s annual headline inflation is forecast to have eased in the first half of November but to have stayed well above …
By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150 basis points next week to …
SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was …
America’s Diner will also be open on Thanksgiving Day Spartanburg, SC (-) Denny’s is bringing back its annual festive family-style Turkey & Dressing Dinner Pack, …
By Julia Symmes Cobb BOGOTA (Reuters) – United States senators said on Wednesday they are skeptical of a potential easing of sanctions on Venezuela, amid …
(Reuters) – Russia on Monday told a top United Nations representative that the extension of a landmark Black Sea grain deal was dependent on the …
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy …
WASHINGTON (Reuters) – The U.S. services industry slowed modestly in September, while employment surged and a measure of prices paid by businesses for inputs fell …
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s finance minister Grant Robertson said on Tuesday that inflation is likely to moderate but it won’t be …
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate, heading towards 100% this year, likely eased in August versus a 20-year peak the month …
By Canan Sevgili GDANSK (Reuters) – Nearly 12 months ago, Turkey’s central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying …
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said that policymakers aren’t focusing on monetary easing at the moment as the priority remains …
WASHINGTON (Reuters) – President Joe Biden said on Friday that there are some signs that inflation may be easing, as he responded to the Labor …
By Leika Kihara TOKYO -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace …
(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester reiterated on Thursday that she will need to see several months of inflation coming back down …
MILAN – A slow but steady improvement in the chip supply situation over the next year will eventually limit automakers’ pricing power that has been …
By John Revill and Supantha Mukherjee ZURICH/STOCKHOLM – Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage …
SHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, …
By Julie Zhu HONG KONG – Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that …
BERLIN – Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to …
(Reuters) – Russian First Deputy Prime Minister Andrei Belousov says the rouble is overvalued and industry would be more comfortable if it fell to between …
By Scott Murdoch and Kane Wu HONG KONG – Buyout funds are set to extend a record spending spree in Asia to the rest of …
(Reuters) – U.S.-listed Chinese technology stocks rose on Monday after a report that regulators in China are concluding a probe into ride-hailing giant Didi Global …
BEIJING – China’s factory activity shrank less sharply in May as COVID-19 curbs eased and some production resumed, a private sector survey showed on Wednesday, …
BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. …
(Reuters) – Canadian retailer Loblaw Cos Ltd missed Wall Street estimates for first-quarter revenue on Wednesday, signaling that pandemic-led demand for groceries and drugs were …
MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although …
SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling …
By Mircely Guanipa and Marianna Parraga CARACAS/HOUSTON – Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a …
JOHANNESBURG – High shipping costs have posed a “challenge” for Democratic Republic of Congo-focused copper producer Ivanhoe Mines, but an alternative route to port via …
BEIJING – China’s land sales revenue slumped from a year earlier, official data for January-February showed on Friday, pointing to continued weakness in the country’s …
By Daniel Wiessner – U.S. immigration authorities released new policies on Monday that will make it easier for immigrant minors who are victims of parental …
By Rocky Swift and Elaine Lies TOKYO – Japanese Prime Minister Fumio Kishida’s plan to relax the strictest COVID-19 border controls among wealthy nations has …
FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from …
By Sruthi Shankar and Shashank Nayar -European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine …
By Maria Caspani -Washington, D.C. will no longer require people show proof of COVID-19 vaccination to enter many businesses beginning on Tuesday, its mayor said, …
BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da …