TOKYO (Reuters) – Japan’s manufacturing activity contracted at the fastest pace in two years in November as demand worsened due…
South Korea producer inflation hits 16-month low in Oct
SEOUL (Reuters) – South Korea’s annual producer inflation slowed for a fourth straight month in October to a 16-month low,…
China’s Country Garden gets new credit line of up to $7 billion – Securities Times
HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China…
China will use timely RRR cuts to keep liquidity ample -state media cites cabinet
BEIJING (Reuters) -China will use timely cuts in banks’ reserve requirement ratio (RRR), alongside other monetary policy tools, to keep…
Shares rise, U.S. Treasury yields drop as Fed minutes suggest slower rate hikes
By Chibuike Oguh NEW YORK (Reuters) -World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the…
RBNZ Governor says central bank policy now officially contractionary
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank governor said on Thursday benchmark interest rates needed to go…
Marketmind: The Fed’s Thanksgiving tonic
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed gave…
Uber, delivery apps propose offering Mexico drivers social security
MEXICO CITY (Reuters) -Tech giant Uber and delivery apps DiDi and Rappi have proposed offering social security benefits to workers…
New Zealand house prices forecast to drop 18% from peak: Reuters Poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall more than previously thought this year…
Dollar down as Fed minutes, U.S. data weighs
By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday,…