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…
German business morale rebound fuels recovery hopes
By Rachel More BERLIN (Reuters) -Europe’s biggest economy showed signs of brushing off its energy crisis with Russia and supply…
Lebanon’s economy still contracting but at slower pace, World Bank says
BEIRUT (Reuters) – Lebanon’s economy, hit by one of the world’s most severe crises, continues to contract although the pace…
Japan says economy picking up moderately, while govt staying vigilant to risks
TOKYO (Reuters) – Japan’s government left the overall assessment of the nation’s economy unchanged in its monthly report for November,…
Hungary’s banks stable, profits and lending to fall – central bank
BUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary…
Indonesia to use excess budget cash to rein in 2023 borrowing
JAKARTA (Reuters) – Indonesia will accumulate excess cash in this year’s budget and use it to help reduce borrowing in…
Evergrande creditors ask chairman for $2 billion fund infusion -Bloomberg
(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as…
Global risks to keep BOJ from adjusting yield cap next year – ex-central bank executive
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Growing risks of a global economic slowdown will likely prevent the…