By Xie Yu and Ziyi Tang HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion…
China and India easing away from Russian crude oil may be temporary: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -There are signs that China and India are pulling back from buying Russian crude…
Remy Cointreau cautiously optimistic on China amid lockdowns
By Dominique Vidalon PARIS (Reuters) -Shares in Remy Cointreau fell as much as 4% on Thursday after the French spirits…
China’s bank sector issued 2.64 trillion yuan in real estate development loans in Jan-Oct
BEIJING (Reuters) – China’s banking sector issued 2.64 trillion yuan ($369 billion) in real estate development loans and 4.84 trillion…
Postal Savings Bank of China to provide $39 billion of property sector financing
BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion)…
Deutsche Bank CEO warns of reliance on government aid packages
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the…
Abu Dhabi close to unveiling new economic strategy – economic development chairman
ABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman…
Huge Foxconn iPhone plant in China rocked by fresh worker unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) – Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in…
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,…
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,…