TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au…
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…
By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could…
ROCKLAND COUNTY , NY – Rockland County authorities have revealed a concerning situation where 31 migrants, who had arrived from Ecuador and Guatemala, were discovered residing in tightly packed and…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…