Business News

By Joe Cash, Liangping Gao and Ellen Zhang BEIJING (Reuters) – China released a mixed batch of economic data on Friday showing a slump in exports and imports was gradually …

By Dharamraj Dhutia MUMBAI (Reuters) – India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury officials from nine state lenders said. …

By Gergely Szakacs BUDAPEST (Reuters) – Central Europe’s central banks should maintain a tight monetary stance for a “considerable time” to ensure inflation is kept in check, and be ready …

MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture …

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia said on Friday it would introduce a capital gains tax and a tax on high-value goods and gradually cut subsidies …

MOSCOW (Reuters) – Russia’s central bank on Friday said it would consider a wide range of options regarding its benchmark interest rate at its Oct. 27 meeting, a slight softening …

By Leika Kihara MARRAKECH, Morroco (Reuters) – China’s weak recovery and the risk of a more protracted property crisis could further dent Asia’s economic prospects, the International Monetary Fund (IMF) …

By Christoph Steitz FRANKFURT (Reuters) -Volkswagen’s group deliveries rose 7.4% in the third quarter as strong demand in Europe and North America offset a decline in top market China, the …

LONDON (Reuters) -Investors sold stocks and bought bonds in the week to Wednesday, Bank of America Global Research said in a note on Friday, while investors continued to shun emerging …

By Alexandra Alper and Karen Freifeld (Reuters) – The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located …

By Laura Sanicola (Reuters) – As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from Chinese refineries to ease tight global …

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. Investors in U.S. Treasuries have good reason to feel on edge on a day (Friday 13) …

MARRAKECH (Reuters) – There is great concern among the world’s major economies about the fallout from the crisis in the Middle East after last week’s attack on Israel, Italy’s economy …

MARRAKECH, Morocco (Reuters) – Sri Lanka’s authorities can negotiate any proposals private creditors make, such as issuing GDP-linked bonds, a senior International Monetary Fund official said on Friday. Krishna Srinivasan, …

By Sarah Wu and Ben Blanchard TAIPEI (Reuters) -Taiwan’s TSMC said on Friday it expects to receive permission from the United States to supply its China plant with U.S. chipmaking …

BRUSSELS (Reuters) – Euro zone industrial production rose by more than expected in August, data showed on Friday, as factories made more consumer goods although overall output was down by …

(Reuters) – The Federal Reserve’s aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after the panic in March when …

BEIJING (Reuters) – China’s new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it strives to bolster a shaky …

By David Lawder MARRAKECH, Morocco (Reuters) – World Bank president Ajay Banga on Friday laid out ambitious plans to widen the development lender’s mission to include climate change and other …

By Joseph White, David Shepardson and Abhirup Roy DETROIT/WASHINGTON (Reuters) – A senior Ford executive said Thursday the automaker is “at the limit” of what it can spend on higher …

By David Shepardson and Joseph White DETROIT (Reuters) -United Auto Workers on Wednesday shut down Ford’s biggest plant globally, halting production of lucrative pickup trucks with little warning, in a …

HONG KONG (Reuters) – The founding family of Country Garden recently loaned the embattled Chinese property developer $300 million interest free, and the family was also trying to sell its …

KARACHI, Pakistan (Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with the IMF, and is comfortably placed to meet …

MARRAKESH (Reuters) – Inflation in Germany is on a downward trajectory, Bundesbank President Joachim Nagel said on Friday on the sidelines of an International Monetary Fund meeting in Marrakesh. “It …