[ad_1] BEIJING (Reuters) – China’s central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing a total of 900 billion
UK carmakers urge Brexit delay rather than no-deal exit
[ad_1] FILE PHOTO: Cars readied for export are parked next to a vehicle storage facility on the dockside at the ABP port in Southampton, Britain August 16, 2017. REUTERS/Peter Nicholls LONDON (Reuters) – Britain should
Asian shares see heavy foreign sell-off in August as trade war bites
[ad_1] (Reuters) – Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other. Overseas investors sold about
Asian shares see heavy foreign sell-off in Aug as trade war bites
[ad_1] (Reuters) – Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other. Overseas investors sold about
Japan second-quarter GDP seen revised down as external risks hit capex: Reuters poll
[ad_1] TOKYO (Reuters) – Japan’s gross domestic product likely grew at a slower rate than initially estimated in further signs the Sino-U.S. trade war is hurting manufacturing investment in the world’s third largest economy. The
BOJ’s Kuroda says deepening negative rates is among options: Nikkei
[ad_1] Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan July 30, 2019. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said cutting
Fitch downgrades Hong Kong as city braces for more protests
[ad_1] People take photos of general view of the city of Hong Kong from the Peak Tower, China September 5, 2019. REUTERS/Amr Abdallah Dalsh (Reuters) – Global credit rating agency Fitch Ratings on Friday downgraded
Merkel hopes China-U.S. trade problems will be over soon
[ad_1] BEIJING (Reuters) – German Chancellor Angela Merkel said on Friday that China-U.S. trade problems affect the whole world and that she hopes they will be resolved soon. FILE PHOTO: Chancellor Angela Merkel attends the
Alibaba to buy luxury e-commerce business from Netease for $2 billion
[ad_1] SHANGHAI (Reuters) – Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for $2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese
In China, P2P insiders say regulatory shortcomings have choked industry
[ad_1] BEIJING/SHANGHAI (Reuters) – Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the