By Chen Lin SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 5.1% in October, slightly less than forecast and marking the first easing in eight months, official data showed on Wedn[...]
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Economy
Russian rouble firms ahead of three OFZ bond auctions
MOSCOW (Reuters) – The Russian rouble strengthened on Wednesday ahead of three OFZ treasury bond auctions by the finance ministry, as the market awaited information on a price cap on Russian oil[...]
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Bundesbank warns banks against ‘careless’ payout pledges as economy cools
By Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – German banks should avoid making multi-year promises to their shareholders despite bumper profits this year as the outlook for the eco[...]
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Analysis-Investors warm to European corporate bonds after a brutal year
By Harry Robertson LONDON (Reuters) – Investors are moving back into the European corporate bond market after one of the most brutal years in history, lured by juicy yields and hopes that centra[...]
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South Korea looks to spur exports to overcome slump
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with the promotion of exports to key regions like Southeast Asia to co[...]
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Marketmind: On the fence
A look at the day ahead in European and global markets from Ankur Banerjee: Investors are holding back on big bets as COVID curbs in China keep risk appetite in check, while the focus is shifting firm[...]
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New Zealand delivers record rate hike, flags 2023 recession
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank on Wednesday hiked interest rates by a record amount and warned the economy might have to spend an entire year in recessio[...]
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Elon Musk names S. Korea among top candidates for EV investment – Yoon’s office
By Soo-hyang Choi and Heekyong Yang SEOUL (Reuters) – Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in[...]
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China approves 20 M&A deals, including INEOS stake buy in Shanghai SECCO Petrochem
BEIJING (Reuters) – China’s market regulator on Wednesday approved 20 merger and acquisition transactions without conditions, including INEOS Co.’s acquisition of Shanghai SECCO Petr[...]
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