By Leika Kihara TOKYO (Reuters) – Japan’s weighted median inflation rate, which is closely watched as an indicator on whether price rises are broadening, hit a record 1.1% in October in a[...]
Read more
Economy
European companies are tapping bond markets again as investors return
By Chiara Elisei LONDON (Reuters) – European companies are again looking to sell bonds after months of turbulence in world markets as investors warm up to riskier debt, offering the final opport[...]
Read more
EBRD warns of rise in ‘zombie’ firms if pandemic measures continue
By Jorgelina do Rosario LONDON (Reuters) – The European Bank for Reconstruction and Development urged governments in its region to rethink COVID-19 support measures for companies, warning that p[...]
Read more
China’s key money rate hits near 2-year low, but softening seen fleeting
SHANGHAI (Reuters) – Liquidity conditions in China’s interbank money markets eased further on Tuesday, as cash supply far outpaced demand, despite a huge withdrawal of funds by the central[...]
Read more
Marketmind: COVID blues
A look at the day ahead in European and global markets from Anshuman Daga: A nationwide spike in COVID-19 cases in China is again the main talking point for weary global markets on Tuesday as Beijing[...]
Read more
German industry calls for more support to diversify beyond China
BERLIN (Reuters) -One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at red[...]
Read more
FTX had total cash balance of $1.24 billion as of Nov. 20
(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24 billion as of Nov. 20, according to a court filing on Monday. FTX[...]
Read more
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster
WASHINGTON (Reuters) -Penguin Random House, the world’s largest book publisher, and smaller U.S. rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann[...]
Read more
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than $160 billion of new capital spending by 2030, the Financial Times re[...]
Read more