By Jorgelina do Rosario LONDON (Reuters) – The European Bank for Reconstruction and Development urged governments in its region to…
China’s key money rate hits near 2-year low, but softening seen fleeting
SHANGHAI (Reuters) – Liquidity conditions in China’s interbank money markets eased further on Tuesday, as cash supply far outpaced demand,…
Marketmind: COVID blues
A look at the day ahead in European and global markets from Anshuman Daga: A nationwide spike in COVID-19 cases…
German industry calls for more support to diversify beyond China
BERLIN (Reuters) -One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade…
ECB’s Holzmann backs 0.75 percentage point increase in December -FT
(Reuters) – European Central Bank policymaker Robert Holzmann backed a third straight 0.75 percentage point rise in the deposit rate…
FTX had total cash balance of $1.24 billion as of Nov. 20
(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24…
S. Korea household credit grows at slowest annual rate in at least 20 years
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the…
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster
WASHINGTON (Reuters) -Penguin Random House, the world’s largest book publisher, and smaller U.S. rival Simon & Schuster have scrapped a…
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than…
Debt-laden China Evergrande gives back land sites to Wuhan city
HONG KONG (Reuters) – A Chinese municipal district said it had taken back 134,500 hectares (332.4 acres) of land formerly…