TOMS RIVER, NJ – New Jersey’s political figures are edging into an realm that ignores, if not, supports political violence from the left against anyone who doesn’t agree with them. A recent…
(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 Chinese joint…
(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” with 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 sector lurches from crisis to crisis and…
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 to OPEC+,…
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 said on…
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 in first…
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 revision to…
(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 the risks.…
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 limited export…
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 on Tuesday,…
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 a challenge…
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 of the…
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 most detailed…
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 sector has…
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 businesses fret…
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 the U.S.…
(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 central bank…
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 and consumer…
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 growing doubts…
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 of Korea…
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 amid soaring…
(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 address the risks and benefits of digital…
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 at all. But the Fed has a…
By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters poll…
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 risks from the Ukraine crisis pose a…