By Marc Jones LONDON (Reuters) – European Central Bank interest rates will go up again but are now “very near”…
Toronto home prices fall 1% in November; down roughly 19% from peak
TORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) fell in November as rapidly rising interest rates weighed…
UK construction growth ebbs away as economy falters: PMI
LONDON (Reuters) – Growth in Britain’s construction industry slowed to a crawl in November as high borrowing costs and the…
Samsung, LG plan multi-billion-dollar additional investment in Vietnam
HANOI (Reuters) – South Korean electronics giants Samsung and LG plan to pour billions of dollars of additional investment into…
Indonesia govt to create a mechanism for rollout of B35 biodiesel policy
JAKARTA (Reuters) – Indonesia’s president has asked the government to create a mechanism next year to ensure the rollout of…
Foreign equity funds pile into Indian financials as credit cycle picks up
(Corrects fund manager’s surname in last paragraph) By Anushka Trivedi MUMBAI (Reuters) – Foreign investors are buying into Indian financial…
Australia’s Big Four banks pass central bank rate hike to home loan customers
(Reuters) – All of Australia’s “big four” banks said on Tuesday they will raise their home loan rates by a…
Norway companies see weaker outlook, central bank survey shows
OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank…
Swedish prices have not risen more than motivated by costs, think tank says
STOCKHOLM (Reuters) – Swedish companies have not raised consumer prices by more than is motivated by the growing costs they…
Mercedes to double electric motor output at Untertuerkheim – WiWo
BERLIN (Reuters) – Mercedes-Benz is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant,…