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…
Indonesia to use excess budget cash to rein in 2023 borrowing
JAKARTA (Reuters) – Indonesia will accumulate excess cash in this year’s budget and use it to help reduce borrowing in…
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…
Global risks to keep BOJ from adjusting yield cap next year – ex-central bank executive
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Growing risks of a global economic slowdown will likely prevent the…
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…
South Korean central bank slows rate hikes, sharply downgrades 2023 growth
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank on Thursday slowed the pace of rate…
Russia revives Soviet-era Moskvich brand with Chinese model
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich…
Mapfre offers one-time 400-euro bonus to employees to offset inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000…
Philippines to cut tariffs on electric vehicles, parts
MANILA (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric…