By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Massive earthquakes in Turkey will add billions of dollars of spending…
China’s Jan new yuan loans seen hitting record high on policy support- Reuters poll
BEIJING (Reuters) – Yuan loans extended by Chinese banks likely surged to a record high in January as the central…
Iceland’s central bank raises key rate as inflation outlook worsens
COPENHAGEN (Reuters) – Iceland’s central bank raised its key policy interest rate by half a percentage point to 6.5% on…
Malaysia Q4 GDP growth expected to have slowed to 6.6% – Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Malaysia’s economic growth likely slowed by more than half to 6.6% in…
India cenbank hikes rates 25 bps as expected, hints more could come
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) – The Reserve Bank of India hiked its key repo rate by…
Pick n Pay sales grow but warns on extra costs from power cuts
JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like…
Japan’s Subaru cuts annual output target as chip shortage drags on
TOKYO (Reuters) – Japan’s Subaru Corp slashed its annual output target by nearly 10% on Wednesday amid ongoing fallout from…
TotalEnergies net profits double to record $36.2 billion in 2022
PARIS (Reuters) -French oil major TotalEnergies posted a record net profit of $36.2 billion in 2022, double the previous year,…
Shoppers to face fresh price hikes as stores, suppliers pass on costs
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they…
Fitch raises China’s growth forecast to 5% for 2023
(Reuters) – Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0% from 4.1% previously…