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 …
By Kate Abnett BRUSSELS (Reuters) – The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch …
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 …
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 …
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”. …
(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) – The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the …
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Fund managers are cutting their holdings in Chinese property bonds by half or even more as the …
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 …
LONDON (Reuters) – Ryanair is continuing to experience a very strong recovery but it remains fragile and could be knocked off course by external developments, …
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 …
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 …
(Reuters) – The world nuclear watchdog has said fighting around the Zaporizhia nuclear power plant in Ukraine is “very alarming” and that it urgently needs …
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 …
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 …
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 …
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 …
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 …
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 …
By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said …
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 …
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign …
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 …
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 …
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 …
NUSA DUA, Indonesia – Indonesian Finance Minister Sri Mulyani Indrawati said on Friday failure by G20 finance chiefs meeting in Bali to reach consensus could …
(Reuters) – The U.S. Treasury said on Thursday it had delivered “a framework” to President Joe Biden for international engagement and an inter-agency approach to …
By Jamie McGeever ORLANDO, Fla. – It may just boil down to semantics, and in good times when inflation is low it’s not an issue …
By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean …
BEIJING – China will roll out tools in its policy reserve in a timely way to cope with more economic challenges, as COVID-19 outbreaks and …
By Dhara Ranasinghe, Sujata Rao and Yoruk Bahceli LONDON – The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market …
TOKYO – Close attention is needed to downside risks that price inflation will carry, a Japanese government spokesperson said on Friday. Japan’s annual core consumer …
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Indonesia’s central bank left interest rates at a record low on Thursday, saying it was monitoring risks …
BEIJING – Risks in China’s medium-sized and small banks are generally under control despite some individual banks having engaged in criminal activities, the vice chairman …
(Reuters) – The idea of cutting oil production in Russia to further increase prices has risks and would require calculation, Deputy Finance Minister Alexei Sazanov …
(Reuters) – Global investors withdrew big money out of equity and bond funds in the week ended June 15, on elevated concerns over rising inflation …
By Kylie Madry and Brendan O’Boyle MEXICO CITY – Mexico’s financial system is resilient and solid despite international economic and geopolitical volatility, the central bank …
BERLIN – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory …
By Clara Denina and Pratima Desai LONDON – Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal …
By Gavin Jones ROME – Italy’s economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made …
(Reuters) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to coordinate measures to stabilise the economic situation, Russian …
By Selena Li HONG KONG – China’s proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data …
JOHANNESBURG – Africa risks sliding into stagflation – a cycle of slow growth and high inflation – as it battles the lingering effects of the …
By Francesco Canepa and Tom Wilson FRANKFURT -Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the …
WASHINGTON -The United States issued an advisory on Monday warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled firms …
By Leika Kihara and Francesco Canepa KOENIGSWINTER, Germany – Having long trod a similar path in tackling low inflation, Japan and Europe now appear to …
BONN, Germany -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering …
LONDON – Automakers are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment …
By Karen Braun NAPERVILLE, Ill. – Despite global wheat prices trading at record highs for the time of year, market participants may have been too …
By Tetsushi Kajimoto TOKYO -East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain committed to market stability …
By David Stanway and Jennifer Rigby SHANGHAI/LONDON – China risks just over 1.5 million COVID deaths if it drops its tough zero-COVID policy without any …