BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion)…
Slovak police renew bribery charge against central bank governor Kazimir – lawyer
(Reuters) -Slovak police have resurrected a bribery charge against Slovak central bank Governor and European Central Bank policymaker Peter Kazimir,…
Deutsche Bank CEO warns of reliance on government aid packages
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the…
BoE’s Ramsden favours more rate hikes, but sees potential for cuts
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes…
UK factory orders weaken, outlook darkens: CBI survey
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the…
Abu Dhabi close to unveiling new economic strategy – economic development chairman
ABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman…
Huge Foxconn iPhone plant in China rocked by fresh worker unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) – Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in…
German car supplier Ruester GmbH files for insolvency in self-administration
FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of…
India says falling commodity prices to ease inflationary pressures
By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) – India’s inflation is likely to ease in the coming months,…
German financial system under strain but property correction not seen: Bundesbank
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles…