By Shivangi Acharya NEW DELHI (Reuters) – British officials are likely to visit India in December with the aim of…
VW South Africa looks to Asia, Latam as Europe shifts to EVs
By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its…
Investors gobble up bonds as worst of inflation may be over -BofA
By Lucy Raitano LONDON (Reuters) -Investors bought more bonds than at any time in the last four months in the…
China yuan’s long-term strengthening trend will not change – state media
SHANGHAI (Reuters) – China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening trend will…
SoftBank reports Q2 profit but announces more Vision Fund pain with FTX writedown
By Kiyoshi Takenaka TOKYO (Reuters) -Japan’s SoftBank Group Corp reported its first quarterly profit in three quarters, buoyed by paring…
India’s Sept industrial output rose 3.1% y/y – govt
NEW DELHI (Reuters) – India’s annual industrial output rose 3.1% year-on-year in September, government data showed on Friday. Analysts polled…
China proposes new rules on banking sector bankruptcy
BEIJING (Reuters) – China’s banking institutions could apply to a court to be declared bankrupt under rule amendments proposed by…
Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on…
Chinese refiners seek less Saudi crude as demand weak
By Muyu Xu SINGAPORE (Reuters) – Several Chinese refiners have asked Saudi Aramco to reduce December-loading crude oil volumes, two…
China supports central SOEs to issue tech innovation bonds
SHANGHAI (Reuters) – China’s securities regulator on Friday it will support bond issuance by central state-owned enterprises (SOEs) to fund…