By Rocky Swift TOKYO (Reuters) – Second-quarter results from Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a window into how rapidly demand in China…
ZURICH (Reuters) – Credit Suisse took a hefty chunk of liquidity from the Swiss National Bank last week, sight deposit data published by the central bank indicated on Monday. Total…
By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to a record 10.75% on Thursday, amid a forecast increase in…
‘Rise Of Illiberalism’: Professor Rails Against DEI, ‘False’ Climate Narratives To Explain Exit From Major University Alexa Schwerha on January 23, 2023 An earth science professor took to Twitter Monday…
EDINBURG, Texas – Rio Grande Valley Sector (RGV) Border Patrol agents, along with state and local law enforcement departments, interdicted seven smuggling events leading to 36 arrests, including four rescues…
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine…
LONDON (Reuters) – Eastbound gas flows via the Yamal-Europe pipeline from Germany to Poland rose on Wednesday while Russian supplies to Europe via Ukraine remained stable. Exit flows at the…
BERLIN (Reuters) – Germans’ tourism bookings for the 2022/23 winter were down 33% as of the end of August compared with the pre-COVID winter of 2018/19, but sales are up…
LONDON (Reuters) – The cost of insuring the debt of Credit Suisse against default rose on Wednesday, while its bonds and shares fell, after reports that the Swiss lender may…
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic growth threaten to trigger a selloff in Britain’s…
MADRID (Reuters) – The Spanish government will offer civil servants a 3.5% pay rise in 2023 to partly offset the effects of soaring inflation, El Pais newspaper reported on Wednesday,…
LONDON (Reuters) – Asking prices for British homes advertised rose solidly this month and last week’s cut to property purchase tax announced by finance minister Kwasi Kwarteng could fuel demand…
LUXEMBOURG (Reuters) – Euro zone inflation is set to go higher and price growth is likely to be more persistent than earlier thought, European Central Bank board member Isabel Schnabel…
BRUSSELS (Reuters) – Euro zone retail sales rose in July, but by less than expected because of a continued slump in demand for non-food products, data form the EU’s statistics…
BEIJING – China’s export growth is expected to have slowed in July, adding to signs of weakening global demand, while imports likely picked up slightly, a Reuters poll showed on…
LONDON – British house prices rose in July at the slowest monthly pace in a year and the market is likely to slow further as the cost-of-living squeeze tightens and…
(Reuters) – Portuguese consumer prices jumped 9.1% year-on-year in July, the fastest pace since November 1992, up from 8.7% in June, flash data from the National Statistics Institute (INE) showed…
SINGAPORE – Singapore’s smallest listed lender, United Overseas Bank (UOB), reported a rise of 11% in second-quarter profit, supported by a strong improvement in net interest income amid increasing interest…
By Chibuike Oguh (Reuters) – Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedived.…
By Rajendra Jadhav MUMBAI – India’s gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second half could be lower than…
HONG KONG – Hong Kong Monetary Authority (HKMA) chief Eddie Yue said on Thursday he expects the city’s overnight and one-month interbank rate to continue to rise, but at a…
By Nigel Hunt LONDON – Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will…
TOKYO – The Bank of Japan’s new board member Naoki Tamura said on Monday an exit from the central bank’s ultra-easy monetary policy will become a focus of discussion once…
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains.…