By Darya Korsunskaya MOSCOW (Reuters) -Russia’s budget deficit could be wider than a planned 2% of GDP in 2023 as…
German businesses expect only mild recession as disruptions ease
BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material…
ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban
MILAN (Reuters) – The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena…
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies…
China to step up financial support to COVID-hit catering, tourism sectors
BEIJING (Reuters) -China will step up financial support to small and private businesses in the catering and tourism sectors that…
Japan retail sales up for 9th month led by tourism help
By Yoshifumi Takemoto and Kentaro Sugiyama TOKYO (Reuters) – Japanese retail sales rose for a ninth straight month in November,…
Thai Nov exports drop 6.0% y/y, slightly worse than forecast
BANGKOK (Reuters) – Thailand’s exports dropped for a second straight month in November and by more than expected, due to…
Vietnam central bank buys dollars to shore up reserves after selloff
By Khanh Vu HANOI (Reuters) – Vietnam’s central bank said on Tuesday it was making efforts to shore up foreign…
Thailand keeps inflation target of 1-3% for next year
BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved the central bank’s headline inflation target of 1% to 3% for 2023,…
Apple Japan hit with $98 million in back taxes- Nikkei
TOKYO (Reuters) -Apple Inc’s Japan unit is being charged 13 billion yen ($98 million) in additional taxes for bulk sales…