By John Revill and Michael Shields BERN (Reuters) – Swiss National Bank Chairman Thomas Jordan said it was too early…
Russian rouble recovers from five-month low against dollar
(Reuters) – The Russian rouble pared losses after tumbling to its weakest against the U.S. dollar in more than five…
J.P.Morgan raises China’s 2023 growth forecast
(Reuters) -Analysts at J.P.Morgan on Thursday raised their 2023 growth forecast for China’s gross domestic product by 30 basis points…
Russia’s Magnit races to open discount stores as living standards slump
MOSCOW (Reuters) – Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers…
Taiwan central bank signals end to rate hikes next year
By Liang-sa Loh and Sarah Wu TAIPEI (Reuters) -Taiwan’s central bank on Thursday said it expects inflation to drop below…
China’s BYD to launch a second new EV brand in 2023 -executive
SHANGHAI (Reuters) -China’s BYD Co will launch a new “professional and personal” electric car brand in 2023, a senior executive…
The year Russia turbocharged a global energy crisis
By David Gaffen (Reuters) – For the energy industry, 2022 will be remembered as the year Russia’s invasion of Ukraine…
German economy to grow slightly in 2023 – IfW forecast
BERLIN (Reuters) – Germany’s IfW became the latest economic institute to revise up its growth forecast for 2023 on Thursday…
Global house price fall underway won’t do much for affordability, say analysts
By Hari Kishan and Indradip Ghosh BENGALURU (Reuters) – House prices in most major property markets will fall in 2023,…
British American Tobacco closes Swiss plant, lays off 226
ZURICH (Reuters) – British American Tobacco (BAT) is to close a cigarette manufacturing plant in Switzerland next year, laying off…