By Angeliki Koutantou and Lefteris Papadimas ATHENS (Reuters) – Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more about money now than she did during the worst years of the country’s economic meltdown. Ahead of an election on May 21, a…
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s April trade surplus came in slightly bigger than expected, even as exports and imports plunged amid declining prices of its main commodities like palm oil, coal and nickel. The recovery of Southeast Asia’s largest economy from pandemic lows has been fuelled by a global commodity boom,…
SEOUL (Reuters) – South Korean house prices weakened for an 11th consecutive month in April – its longest streak of declines in 11 years – but the pace of falls continued to slow, data showed on Monday. The nationwide house price index fell 0.47% in April from the previous month, according to data from the…
By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) -Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday’s election but fell short of an outright majority to extend his 20-year rule of the NATO-member country. Neither Erdogan nor Kilicdaroglu cleared the 50% threshold needed…
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) – Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world’s No. 2 and No. 4 players….
By Paritosh Bansal (Reuters) – Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really wanted to do, like letting the largest U.S. bank get even bigger. Their hand may be forced again. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main…
A look at the day ahead in European and global markets from Kevin Buckland. Politics has the spotlight at the start of a new week, falling chiefly – still – on the U.S. debt ceiling standoff. Talks between President Joe Biden and lawmakers look likely to resume on Tuesday, after getting postponed on Friday. Despite…
A look at the day ahead in European and global markets from Kevin Buckland. Politics has the spotlight at the start of a new week, falling chiefly – still – on the U.S. debt ceiling standoff. Talks between President Joe Biden and lawmakers look likely to resume on Tuesday, after getting postponed on Friday. Despite…
BANGKOK (Reuters) – Thailand’s economy expanded faster than expected in the first quarter, official data showed on Monday, helped by a rebound in private consumption and tourism which will help counter a slowdown in exports. Southeast Asia’s second-largest economy grew 2.7% in the January-March period from a year earlier, data from the National Economic and…
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left signs the world’s second-largest economy will loom large at this week’s summit in Hiroshima. Efforts to grapple with China’s growing global presence…
