SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on…
Australia’s central bank says ready to go faster or pause on rate hikes as needed
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates…
Broker TP ICAP third-quarter revenue jumps on market volatility
(Reuters) – TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world’s…
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report…
Bertelsmann: plans to appeal ruling on Penguin Random House book merger
BERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would…
Russian rouble edges lower as month-end tax support passes
MOSCOW (Reuters) – The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began…
ECB must keep raising rates even if recession risks rise, Lagarde says
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability…
China’s yuan bounces from 15-year low as dollar bulls retreat
SHANGHAI (Reuters) – China’s yuan bounced off a near 15-year low against the dollar and into the black in late…
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
By Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer…
Explainer-India central bank’s policy committee meets to discuss first inflation target miss
By Swati Bhat MUMBAI (Reuters) – Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its…