HONG KONG (Reuters) -A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave…
Malaysia central bank delivers fourth straight rate rise as inflation risks persist
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank delivered a fourth consecutive rate hike on Thursday as it sought…
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL (Reuters) -Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday,…
VW’s SEAT says is optimistic in finding solutions on Spain’s subsidy offer
MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with…
ECB should hike interest rates further to combat inflation, Nagel says
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel…
Solvay raises cash flow target, announces battery materials JV with Orbia
By Elena Vardon (Reuters) – Belgian chemicals company Solvay on Thursday raised its full-year free cash flow guidance on better-than-expected…
UK watchdog tells companies to reveal more about meeting shareholders
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in…
Russian rouble slides past 62 vs dollar to over 2-week low
(Reuters) – The Russian rouble hit a more than two-week low against the dollar in early trade on Thursday, as…
ING Groep launches $1.5 billion buyback despite Q3 pre-tax profit slump
AMSTERDAM (Reuters) – ING Groep NV, the largest Dutch bank, on Thursday reported a quarterly pre-tax profit of 1.38 billion…
ECB’s Panetta warns against bigger-than-expected rate hikes
FRANKFURT (Reuters) – The European Central Bank should avoid raising interest rates too fast because that could excessively hurt economic…