By Julie Zhu and Kane Wu HONG KONG (Reuters) – Debt-laden Chinese conglomerate Fosun International is seeking to offload a…
Germany to emerge from crisis stronger with new trade, energy policies – Scholz
BERLIN (Reuters) – Germany is strong enough to weather the crisis caused by Russia’s invasion of Ukraine and emerge stronger…
IMF urges China to boost COVID vaccinations, restore property sector confidence
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund urged China on Wednesday to boost COVID-19 vaccination rates and…
Singapore core inflation eases for first time in eight months
By Chen Lin SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 5.1% in October, slightly less than forecast and marking…
South Korea looks to spur exports to overcome slump
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with…
Marketmind: On the fence
A look at the day ahead in European and global markets from Ankur Banerjee: Investors are holding back on big…
New Zealand delivers record rate hike, flags 2023 recession
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank on Wednesday hiked interest rates by a record amount and…
China approves 20 M&A deals, including INEOS stake buy in Shanghai SECCO Petrochem
BEIJING (Reuters) – China’s market regulator on Wednesday approved 20 merger and acquisition transactions without conditions, including INEOS Co.’s acquisition of…
Berkshire Hathaway sells shares worth $80.7 million in China’s BYD
HONG KONG (Reuters) -Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 3.23 million Hong Kong-listed shares of…
China automaker BYD says raises prices for some EV models
BEIJING (Reuters) – Chinese automaker BYD Co Ltd said on Wednesday it raised prices for three of its electric vehicle…
