By Wayne Cole SYDNEY (Reuters) -Australia’s Labor government on Tuesday used its first budget in a decade to emphasise sense…
China seeks to promote development of private businesses with more loans
BEIJING (Reuters) – China’s cabinet issued rules on Tuesday to promote private businesses, including incentives for financial institutions to lend…
Philippines must be a “little aggressive” in raising rates – central bank chief
By Neil Jerome Morales MANILA (Reuters) – The Philippine central bank must be a “little aggressive” in tightening policy to…
China’s fiscal revenue growth speeds up, but land sales earnings slide
BEIJING (Reuters) – China’s fiscal revenue growth picked up pace in September from a month earlier, according to Reuters calculations…
Japan sees BOJ easing and govt FX intervention not contradictory
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Tuesday there was no policy contradiction between…
S&P says improved fiscal outcomes for Australia underpin AAA rating
SYDNEY (Reuters) – Australia’s improved fiscal outcomes from a strong economy and high commodity prices underpin its AAA sovereign rating,…
Infrastructure bottlenecks hamper Russia’s booming coal exports to China
By Muyu Xu and Maxim Nazarov SINGAPORE/MOSCOW (Reuters) – Russian coal exports to energy-hungry China have jumped by about a…
Marketmind: Tech tonic and Sunak salve
A look at the day ahead in U.S. and global markets from Mike Dolan. A massive week for top technology…
Fed’s Bullard, Evans, show two paths to the same policy rate
By Howard Schneider WASHINGTON (Reuters) – Charles Evans and James Bullard are the U.S. Federal Reserve’s longest-serving monetary policymakers, a…
China’s yuan extends slide, stock rebound peters out
SHANGHAI (Reuters) -China’s yuan extended its decline on Tuesday to a near 15-year low, following Monday’s sell-off in Chinese assets…