SEOUL (Reuters) – South Korea’s annual consumer inflation accelerated to 3.4% in August while the month-on-month rate was the fastest since early 2017, which should keep policymakers on al[...]
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September 4, 2023
Brazil Congress proposes market regulations after Americanas scandal
BRASILIA (Reuters) – Federal lawmakers in Brazil suggested several measures to boost accountability in the financial market, a report showed on Monday, after retailer Americanas this year reveal[...]
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Marketmind: Aussie rate decision, Asian markets on a roll
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Australia’s central bank grabs the Asia-Pacific spotlight on Tuesda[...]
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Colombia government, business leaders call for interest rate cut
BOGOTA (Reuters) – Colombia’s government and industry associations called on the central bank to lower interest rates on Monday and urged business leaders to resume investment decisions, i[...]
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Europe’s carmakers fret over China’s EV prowess at Munich car show
By Victoria Waldersee MUNICH (Reuters) -Europe’s carmakers have a fight on their hands to produce lower-cost electric vehicles (EVs) and erase China’s lead in developing cheaper, more cons[...]
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Teardown of Huawei’s new phone shows China’s chip breakthrough
(Reuters) – Huawei Technologies and China’s top chipmaker SMIC have built an advanced 7-nanometer processor to power its latest smartphone, according to a teardown report by analysis firm[...]
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Oil edges up on prospect of extended OPEC+ supply cuts
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation that the U.S. Federal Reserve will cease its aggressive in[...]
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Ford pushes back Explorer series production in Europe
By Jan Schwartz MUNICH (Reuters) – Ford will push back series production of its long-awaited SUV Explorer model at its Cologne site by around six months to wait for a new generation of Volkswage[...]
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Volkswagen’s family ownership not behind share price trough – Wolfgang Porsche
By Jan Schwartz MUNICH (Reuters) – Volkswagen’s languishing share price, which is near a three-and-a-half year low, is not the result of ownership control by the Porsche and Piech families[...]
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