Some Chinese institutions borrow at 50% rate as liquidity squeezed
SHANGHAI (Reuters) – Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets. In…
Japan’s factory activity shrinks, squeezed by costs – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation and rising…
Analysis-China-linked assets squeezed as slowdown ripples across markets
By Tom Westbrook and Dhara Ranasinghe SINGAPORE/LONDON (Reuters) – Investors looking for clues about the state of China’s economy beyond official data are seeing red warnings flash across a range of informal…
Copper miners squeezed by lower prices, higher labor costs
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal and labor…
Smaller Chinese banks cut deposit rates on squeezed margins
BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid rising economic…
CERAWEEK-Renewable energy investors squeezed by higher interest rates, costs
By Isla Binnie and David French NEW YORK/HOUSTON (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious…
Squeezed mining companies face growth dilemma
By Clara Denina and Helen Reid JOHANNESBURG (Reuters) – High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to…
Analysis-Unilever leads pack on price rises as consumer goods industry squeezed
By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during the 2007-09…
U.S. growth funds squeezed by rate hike worries
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve’s resolve to keep hiking to tame…
Firms in India’s ancient shoe capital squeezed by costs, fading demand
By Manoj Kumar AGRA, India – In his small shoe factory in the Indian city of Agra, Rajesh Kumar, his two brothers and three workers have been sitting idle for a week,…
UK house prices keep on rising despite squeezed budgets: RICS
By Andy Bruce LONDON – House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of losing momentum amid a growing cost-of-living squeeze,…
Penny pinching and power cuts; Lebanon’s middle class squeezed by crisis
By Edmund Blair and Laila Bassam BEIRUT – Lebanese school teacher Sara Wissam and her husband were comfortably off before a run on the local currency decimated the value of their salaries…
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