By Jan Strupczewski BRUSSELS (Reuters) -The European Commission is likely to approve next week Hungary’s post-pandemic recovery plan to keep…
China banks pledge $162 billion in credit to developers, shares rally
By Xie Yu and Ziyi Tang HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion…
Euro area inflation likely near its peak, ECB’s De Guindos says
MILAN (Reuters) – Inflation in the euro area will hover around its current level over the next few months before…
ECB accounts show inflation fears justifying more rate hikes
FRANKFURT (Reuters) – European Central Bank policymakers feared that inflation may be getting entrenched at their last policy gathering so…
Canada house prices to tumble 17.5% peak to trough, say analysts: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their…
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…
Swedish central bank raises policy rate, more needed to tame inflation
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank raised its key interest rate by three-quarters of a percentage point on…
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)…
Slovak police renew bribery charge against central bank governor Kazimir – lawyer
(Reuters) -Slovak police have resurrected a bribery charge against Slovak central bank Governor and European Central Bank policymaker Peter Kazimir,…
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…