By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in…
Waning trust: China shadow banks pivot away from property to survive
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled…
Investors bet on greed and fear as China loosens COVID grip
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Investors caught off-guard by China’s dramatic COVID policy pivot are betting…
Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to…
Chinese consumers wary of splurging after COVID strictures fall
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but…
Marketmind: Last hurrahs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The finishing line…
Investor group launches campaign to help companies protect nature
MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten…
Volkswagen’s Skoda considers withdrawing from China – media report
BERLIN (Reuters) – Czech carmaker Skoda Auto, part of Volkswagen, is considering withdrawing from China and will make a final…
Investors eye Portuguese golden visas as authorities ponder programme’s end
By Catarina Demony LISBON (Reuters) – Investments through Portugal’s “golden visa”, which gives wealthy foreigners residence rights, jumped nearly 50%…
Saudi Arabia’s GDP grows 8.8% year-on-year in Q3 -statistics authority
DUBAI (Reuters) – Saudi Arabia’s economy grew by 8.8% in the third quarter of 2022 compared to the same period…