EU tells countries gas price cap would come with risks
By Kate Abnett BRUSSELS (Reuters) – The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch and pose risks to energy…
By Kate Abnett BRUSSELS (Reuters) – The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch and pose risks to energy…
NEW YORK (Reuters) – The recent rally in the U.S. dollar is creating an “untenable situation” for riskier assets that could end in a financial or economic crisis, strategists at…
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to rein in inflation after the…
ZURICH (Reuters) -The Swiss government significantly cut its economic growth forecasts on Tuesday, citing growing risks from a “tense energy situation and sharp price increases”. It now expects the country’s…
(Corrects 10th paragraph to show company plans to increase holding in joint venture, not that it has no such plans) By Selena Li HONG KONG (Reuters) -U.S. asset manager Invesco’s…
(Reuters) – The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the Federal Reserve might have “over-reacted”…
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to…
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) – The oil market will have a small surplus of just 0.4 million bpd in 2022, much less than forecast earlier, according…
LONDON (Reuters) – Ryanair is continuing to experience a very strong recovery but it remains fragile and could be knocked off course by external developments, Group Chief Executive Michael O’Leary…
By Ziyi Tang and Engen Tham BEIJING/SHANGHAI (Reuters) -China’s Bank of Communications (BoCom) on Friday warned of liquidity risks in the property sector after it posted an almost 5% rise…
TOKYO (Reuters) – Japan’s government described its economy as “moderately picking up” in its monthly economic report, keeping the overall assessment unchanged from the previous month, while noting an upward…
(Reuters) – The world nuclear watchdog has said fighting around the Zaporizhia nuclear power plant in Ukraine is “very alarming” and that it urgently needs to send inspectors to assess…
SEOUL (Reuters) – South Korea’s finance ministry on Friday warned economic growth could slow on increasing downside risks for exports. “It is concerning that economic growth may slow due to…
PARIS (Reuters) – French President Emmanuel Macron underlined to Ukraine President Volodymyr Zelenskiy his concerns over risks to the country’s nuclear facilities, during a phone call between the two leaders…
By Yew Lun Tian BEIJING – As the dust settles from China’s military exercises around Taiwan, the message is clear: the military will uphold China’s claim on the island in…
By Anthony Boadle BRASILIA – Efforts by Brazilian President Jair Bolsonaro to turn an Independence Day military parade into a political event for his re-election campaign has become a test…
LONDON/SINGAPORE – HSBC said on Monday a demerger or spinoff of its Asian business risks huge one-off execution costs, higher taxes and ongoing running costs for the bank, in its…
BEIJING – The assets and risks of China’s “shadow” banking sector have declined significantly through continuous regulation, the state-run Securities Times on Saturday quoted a top regulator as saying. The…
By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said on Friday, as consumers and…
MANILA – Philippine’s central bank is ready use the “full force of available measures” and take all necessary monetary policy actions to combat inflation, its governor said on Thursday, after…
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign currency and payment headaches, the…
SEOUL – A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since downside risks to both exports…
By Walter Bianchi BUENOS AIRES – Argentina’s debt sank deeper into distressed territory on Friday, in just the latest week of sour financial news led by a battered currency, highlighting…
SEOUL – South Korea’s central bank said on Monday it will step up monitoring of the impact of higher interest rates on the stability of the financial system. The Bank…
NUSA DUA, Indonesia – Indonesian Finance Minister Sri Mulyani Indrawati said on Friday failure by G20 finance chiefs meeting in Bali to reach consensus could be catastrophic for low-income countries…