By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…
Marketmind: Hunkering down
A look at the day ahead in European and global markets from Anshuman Daga Just as China faces a testing…
Japan’s wholesale inflation near steady at 9.3% as commodity prices ease
By Leika Kihara TOKYO (Reuters) – Japan’s November wholesale prices rose 9.3% from a year earlier, data showed on Monday,…
U.S. inflation will be much lower by end of 2023 – Yellen
By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in…
Waning trust: China shadow banks pivot away from property to survive
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled…
Investors bet on greed and fear as China loosens COVID grip
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Investors caught off-guard by China’s dramatic COVID policy pivot are betting…
Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to…
Chinese consumers wary of splurging after COVID strictures fall
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but…
China regulators, state banks split staff as fears mount about new COVID outbreaks-sources
By Julie Zhu, Selena Li and Ziyi Tang HONG KONG/BEIJING (Reuters) -Chinese regulators and state-owned banks are taking steps to…
Marketmind: Last hurrahs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The finishing line…