BERLIN (Reuters) -Volkswagen said it was sticking to its financing timeline for battery unit PowerCo to seek a strategic investor this year, after Bloomberg reported that it was pushing back its plans.…
By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.50% on Thursday, as unanimously expected by analysts, and said the cost of…
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the central bank surprised markets by holding a…
WELLINGTON (Reuters) – New Zealand house prices were unchanged in December, but more broadly activity is improving with sales increasing and houses selling more quickly, the Real Estate Institute of New Zealand…
WASHINGTON (Reuters) – U.S. import prices were unexpectedly unchanged in December after two straight monthly decreases, but the trend in imported inflation remained subdued. The unchanged reading in import prices last month…
SHANGHAI/SINGAPORE (Reuters) – China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rate steady earlier last week.…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market expectations. Despite the steady policy…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters…
LONDON (Reuters) – The European Central Bank’s interest rates have reached a plateau where they will likely remain for the next few quarters, ECB policymaker Francois Villeroy de Galhau said on Monday,…
SHANGHAI/SINGAPORE (Reuters) – China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further monetary easing and policymakers waited to see…
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, after the central bank kept medium-term interbank rates steady and amid wider concerns…
NEW YORK (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to keep borrowing costs unchanged but ramp up liquidity support when it rolls over 500 billion yuan ($68.44 billion) worth of medium-term policy loans…
SHANGHAI (Reuters) – U.S. automaker Tesla on Sunday released an updated version of its Model Y in China, with minor changes to the vehicle’s exterior and interior. The changes include a new…
LONDON (Reuters) – In a big day for central banks across Europe on Thursday, Switzerland shocked markets by leaving its interest rates unchanged, while Sweden and Norway met expectations with a quarter-point…
WASHINGTON (Reuters) – U.S. business inventories were unchanged in July as companies continued to carefully manage stocks in anticipation of weak demand because of higher interest rates. The unchanged reading in business…
KARACHI (Reuters) -Pakistan’s central bank kept its key interest rate unchanged at 22% on Thursday, surprising analysts who had been expecting it to try to tame inflation and support the rupee with…
By Pavel Polityuk KYIV (Reuters) – Ukrainian farmers are not expected to reduce the area of winter wheat they sow for the 2024 harvest despite higher logistics costs due to the wartime…
WASHINGTON (Reuters) – U.S. business inventories were unchanged for a second straight month in June as companies continued to carefully manage stocks in anticipation of weak demand because of higher interest rates.…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a Reuters survey showed, despite fresh signs the economic recovery is losing momentum.…
LONDON (Reuters) – A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Friday, two OPEC+ sources said. The panel, called the Joint Ministerial Monitoring Committee,…
SHANGHAI/SINGAPORE (Reuters) -China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as signs of a faltering economic recovery…
BRASILIA/SAO PAULO (Reuters) – Brazilian economists have reduced their long-term inflation expectations, putting an end to months of unchanged projections that the central bank had cited as a cause for concern. According…
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data showed on Friday, matching its earlier estimate in April. The expansion in…
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes were unchanged in April amid tight inventory, which could delay a recovery in the housing market. The National Association of Realtors (NAR)…
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing loans on Monday, despite a slew of recent data pointing to faltering…