By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England will not accept interference with the system of…
EU to approve Hungary’s recovery plan, hold cash until conditions met
By Jan Strupczewski BRUSSELS (Reuters) -The European Commission is likely to approve next week Hungary’s post-pandemic recovery plan to keep…
China banks pledge $162 billion in credit to developers, shares rally
By Xie Yu and Ziyi Tang HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion…
Euro area inflation likely near its peak, ECB’s De Guindos says
MILAN (Reuters) – Inflation in the euro area will hover around its current level over the next few months before…
ECB accounts show inflation fears justifying more rate hikes
FRANKFURT (Reuters) – European Central Bank policymakers feared that inflation may be getting entrenched at their last policy gathering so…
Canada house prices to tumble 17.5% peak to trough, say analysts: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their…
China and India easing away from Russian crude oil may be temporary: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -There are signs that China and India are pulling back from buying Russian crude…
Remy Cointreau cautiously optimistic on China amid lockdowns
By Dominique Vidalon PARIS (Reuters) -Shares in Remy Cointreau fell as much as 4% on Thursday after the French spirits…
Swedish central bank raises policy rate, more needed to tame inflation
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank raised its key interest rate by three-quarters of a percentage point on…
China’s bank sector issued 2.64 trillion yuan in real estate development loans in Jan-Oct
BEIJING (Reuters) – China’s banking sector issued 2.64 trillion yuan ($369 billion) in real estate development loans and 4.84 trillion…