BEIJING (Reuters) -China’s central bank and the banking and insurance regulator have established a dynamic adjustment mechanism on mortgage rates…
China expects passenger traffic during Lunar New Year to double from 2022
BEIJING (Reuters) – China expects the total number of passenger trips made by travellers by road, rail, water and flight…
China’s central bank makes record weekly cash withdrawal
SHANGHAI (Reuters) – China’s central bank has made its biggest weekly cash withdrawal on record through a short-term bond instrument,…
Japan Dec service-sector activity rebounded on tourist boom
TOKYO (Reuters) – Japan’s service sector activity rebounded in December thanks to a boom in international and domestic tourism as…
With few entry tests, Southeast Asia may gain most from China’s travel revival
By Xinghui Kok SINGAPORE (Reuters) – Southeast Asia’s tourist economies are set to be leading beneficiaries of China’s scrapping of…
Dollar’s vice grip on FX markets to loosen this year – analysts
By Hari Kishan BENGALURU (Reuters) – The dollar’s vice grip on FX markets will loosen a bit this year, according…
Southwest to carry out thorough review of disruption -CEO
CHICAGO (Reuters) – Southwest Airlines Chief Executive Bob Jordan said on Thursday the company will carry out a thorough review…
Wall St drops more than 1% with jobs data feeding fears of more Fed tightening
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes lost more than 1% on Thursday, with Nasdaq…
Bed Bath & Beyond’s road to potential bankruptcy
(Reuters) – From a failed merchandising strategy to activist investor pressure over overpayed executives, Bed Bath & Beyond Inc has…
U.S. plans to seek ‘higher penalties’ for airlines violating consumer protections
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) said it planned to seek higher penalties for airlines…