LONDON (Reuters) – British manufacturing last month suffered its biggest contraction since the depths of the first COVID-19 lockdown in…
South Africa still has space to raise rates – central bank
By Bhargav Acharya and Alexander Winning JOHANNESBURG (Reuters) – South Africa still has space to raise interest rates, its central…
China encourages administrative bodies to tap idle state assets
BEIJING (Reuters) – China’s finance ministry encourages administrative bodies to revitalise idle state-owned assets, including by market-based leasing or selling…
China, HK stocks rebound sharply on unverified social media posts over COVID easing
SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on…
Australia’s central bank says ready to go faster or pause on rate hikes as needed
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates…
Sony hikes FY profit forecast by 4.5% on foreign exchange boost
By Sam Nussey TOKYO (Reuters) -Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16…
Broker TP ICAP third-quarter revenue jumps on market volatility
(Reuters) – TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world’s…
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report…
Google pauses enforcing proprietary billing system in India after antitrust order
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Alphabet Inc’s Google is pausing the enforcement of a policy that…
Bertelsmann: plans to appeal ruling on Penguin Random House book merger
BERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would…