MOSCOW (Reuters) – Russia’s economy shrank 4% year-on-year in the third quarter of 2022, data from the Rosstat federal statistics…
Tencent to hand $20 billion Meituan stake to shareholders as sales slip
By Josh Ye HONG KONG (Reuters) – China’s Tencent Holdings said on Wednesday it would return capital to shareholders through…
China to step up prudent monetary policy, expand upward economic trend -central bank
BEIJING (Reuters) -China will step up implementation of its prudent monetary policy and stabilise employment and prices in an effort…
Yellen, China central bank head hold broad talks at G20 summit
By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen met China’s central bank Governor Yi Gang…
IMF’s Georgieva says Biden-Xi meeting ‘constructive’ signal for trade
By David Lawder NUSA DUA, Indonesia (Reuters) -President Joe Biden’s meeting with Chinese President Xi Jinping was a “very constructive”…
Special Report-FTX’s Bankman-Fried begged for a rescue even as he revealed huge holes in firm’s books
By Angus Berwick, Anirban Sen, Elizabeth Howcroft and Lawrence Delevingne (Reuters) – As customers withdrew billions of dollars from crypto…
Exclusive-China advisers say they’ll recommend modest growth target for 2023
By Kevin Yao BEIJING (Reuters) – Chinese government advisers say they will recommend modest economic growth targets for next year…
Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from…
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to…