BEIJING (Reuters) – China’s central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy easing steps. The benchmark seven-day reverse repurchase rate has been lowered by 20 basis …
China cenbank chief flags more interest rate cuts Read More »
By Samia Nakhoul (Reuters) -Hamas leader Yahya Sinwar remained unrepentant about the Oct. 7 attacks despite unleashing an Israeli invasion that has killed tens of thousands of Palestinians, laid waste to his Gaza homeland and rained destruction on ally Hezbollah, people in contact with him have said. The Israeli military said on Thursday that Sinwar, …
Yahya Sinwar: The Hamas leader committed to eradicating Israel is dead Read More »
HONG KONG (Reuters) -China has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday, as it looks to further open up the world’s second-largest insurance market to foreign companies. China’s National Financial Regulatory Administration (NFRA) has approved the creation of a joint venture between BNP …
China approves BNP Paribas, Prudential insurance ventures Read More »
By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she expected U.S. presidential candidates Donald Trump and Kamala Harris would both take a “very pragmatic” approach to the IMF and the World Bank. Georgieva told Reuters in an interview that it was up to the American people …
Trump, Harris would both take pragmatic approach to IMF, World Bank, Georgieva says Read More »
By Brad Brooks and Jonathan Allen (Reuters) -The Texas Supreme Court on Thursday temporarily halted the execution of a man scheduled to become the first person to be put to death in the United States for murder attributed to shaken baby syndrome, according to a court document. The Texas Supreme Court ruled in favor of …
Texas top court blocks execution of man in shaken baby syndrome case Read More »
By Kantaro Komiya TOKYO (Reuters) – Consumer inflation in Tokyo for October likely undershot the central bank’s price target for the first time in five months, a Reuters poll showed on Friday. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide price trends, was expected to have risen 1.7% from a …
Tokyo inflation likely to miss BOJ target for first time in five months: Reuters poll Read More »
DHAKA (Reuters) -Bangladesh’s International Crimes Tribunal on Thursday issued an arrest warrant for former Prime Minister Sheikh Hasina, currently in India, citing her alleged involvement in mass killings during violent protests that erupted earlier this year. The protests, which began as a student-led movement against public sector job quotas, escalated into some of the deadliest …
Bangladesh crimes tribunal issues arrest warrant for exiled former prime minister Read More »
By Makiko Yamazaki and Rocky Swift TOKYO (Reuters) -Japan’s top currency diplomat, Atsushi Mimura, said on Friday that recent currency moves are “somewhat one-sided and rapid,” in a fresh warning against speculative trading as the yen fell past the key 150 line against the dollar. “We as Japanese authorities are closely watching foreign exchange moves, …
Japan top FX diplomat says recent yen moves ‘one-sided’ in fresh warning Read More »
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s new home prices fell at the fastest pace since May 2015 in September, official data showed on Friday, despite increased efforts to revive the struggling property sector. In annual terms, new home prices were down 5.8% from a year earlier, deeper than a 5.3% slide in …
China’s new home prices fall at fastest pace since 2015 Read More »
(Reuters) -China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector remains a big challenge for Beijing as it tries to boost growth. Data released on Friday showed the world’s second-largest economy grew 4.6% year-on-year …
China’s Q3 GDP growth skids to slowest since early 2023 Read More »
