BERLIN (Reuters) – Germany’s upper house of parliament blocked a landmark welfare reform on Monday that was meant to raise…
Czech wage growth below 5% needed to tame inflation, central bank governor says
PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and…
Indonesia, ADB launch first coal power plant retirement deal
By David Lawder NUSA DUA, Indonesia (Reuters) -Indonesia, the Asian Development Bank and a private power firm said on Monday…
India’s October WPI inflation eases to 8.39% y/y
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March…
Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement
By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting…
Turkey central bank firms grip on lira as election approaches
By Nevzat Devranoglu ANKARA (Reuters) -Turkey’s central bank has put the finishing touches to a reserve-management system that has stabilised…
Macau casinos expected to invest around $12 billion over next 10 years -media
HONG KONG (Reuters) – Macau casino operators, vying for a licence in the world’s biggest gambling hub, are expected to…
IMF says global economic outlook getting ‘gloomier’, risks abound
By Andrea Shalal WASHINGTON (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary…
France’s top priority is ending inflation, Le Maire tells Yellen at G20
NUSA DUA, Indonesia (Reuters) – French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying…
China regulators order more financing support for property firms -sources
BEIJING (Reuters) -Chinese regulators have told financial institutions to extend more support to property developers to shore up the country’s…