By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes…
UK factory orders weaken, outlook darkens: CBI survey
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the…
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…
German car supplier Ruester GmbH files for insolvency in self-administration
FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of…
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,…
German financial system under strain but property correction not seen: Bundesbank
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles…
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,…
Hungary’s banks stable, profits and lending to fall – central bank
BUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary…
Evergrande creditors ask chairman for $2 billion fund infusion -Bloomberg
(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as…
Singapore’s gig workers to get work injury, pension coverage
By Chen Lin SINGAPORE (Reuters) – Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing…