BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as…
Expert View: India cenbank hikes key policy rate by 35 basis points
BENGALURU (Reuters) – The Reserve Bank of India’s key repo rate was raised by 35 basis points (bps) on Wednesday…
U.S. lawmakers ease planned curbs on Chinese chips amid corporate pushback
By Alexandra Alper WASHINGTON (Reuters) -U.S. senators scaled back a proposal that placed new curbs on the use of Chinese-made…
Analysis-G7 Russian oil price cap evolves from revenue squeeze to market anchor
By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil…
Pace of Mexico rate hikes could start to slow, cenbanker says
By Valentine Hilaire and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s cycle of interest rate hikes is not…
U.S. watchdog levies $7.7 million in fines against KPMG entities
By Chris Prentice (Reuters) -A U.S. agency tasked with overseeing the audits of public companies on Tuesday said it imposed…
TSMC sees $10 billion in annual revenue from Arizona chip plants
By Jane Lanhee Lee and David Shepardson PHOENIX/WASHINGTON (Reuters) -Taiwan chipmaker TSMC plans to build a second chip plant in…
Russia oil price cap launch gives G7 leverage -U.S. Treasury official
By Timothy Gardner and David Lawder WASHINGTON (Reuters) – Western powers’ leverage over Russia has increased with their $60-a-barrel price…
Uruguay’s free-trade deal ambitions rattle South American trade bloc
By Fabian Werner MONTEVIDEO (Reuters) – South America’s major Mercosur trade bloc, which includes regional powerhouses Brazil and Argentina, has…
UAW calls on automakers to move supply chain out of Xinjiang region
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) union called on automakers to shift their entire supply…