By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities…
China central bank promises more policy support for economy
BEIJING (Reuters) – China’s central bank said on Friday it will step up implementation of its “prudent” monetary policy to…
Southwest promises refunds as airline sees ‘certain’ financial impact
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -Southwest Airlines promised to reimburse passengers for expenses such as hotels and…
Indonesia issues emergency regulation to replace jobs law
By Ananda Teresia and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s President Joko Widodo signed an emergency regulation on Friday to replace…
Putin says Russia now one of China’s leading oil and gas suppliers
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday that Russia had become one of China’s leading suppliers of…
High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of…
Turkey cenbank targets 60% lira deposits in banks by mid-2023
By Nevzat Devranoglu and Ezgi Erkoyun ANKARA (Reuters) -Turkey’s central bank said on Friday it aims to lift the share…
Russian rouble surges as volatile year draws to a close
MOSCOW (Reuters) – The rouble strengthened sharply on Friday, nearing the 70 mark against the dollar as a highly volatile…
China funds with energy bets stand out in a bleak year
SHANGHAI (Reuters) – Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal…
China’s yuan looks set for biggest annual loss since 1994, down 8.6%
SHANGHAI (Reuters) – China’s yuan finished the domestic session at a two-week high against the dollar on Friday, but still…