By Liangping Gao, Ella Cao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Shanghai businesswoman Kate Ren might have hoped that after Chinese leaders removed the slogan “houses are for living, not for speculation” from the nation’s policymaking dogma last month, someone would bid for her properties. She hasn’t received a single phone call. “I no…
By Siddharth Cavale and Josephine Mason NEW YORK/LONDON (Reuters) – Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business…
By Lucy Craymer WELLINGTON (Reuters) – For the first time in decades, foreign and defence policy are in the electoral spotlight in New Zealand, as opinion surveys show public concern about the security environment and the major parties wrestle with how to respond to an assertive China. The first part of the country’s defence review,…
(Reuters) – Ecuador presidential candidate Fernando Villavicencio, a vocal critic of corruption and organized crime, was killed on Wednesday evening during a campaign event in northern Quito. Here are some other attacks on high-profile politicians from Latin America in recent years. CRISTINA FERNANDEZ DE KIRCHNER, ARGENTINA Argentina’s Vice President Cristina Fernandez de Kirchner survived an…
By Krishn Kaushik and Sunil Kataria MOIRANG/CHURACHANDPUR, India (Reuters) -In the sectarian violence that has ravaged India’s Manipur state, women have been victims of brutal attacks. Residents and security officials say they are also at the forefront of the conflict, picking up arms, blocking troops and according to police complaints, instigating sexual assaults. India’s northeastern…
By Angelo Amante and Valentina Za ROME (Reuters) -A drive to shore up its political base and appeal to the less well off lay behind the Italian government’s decision to impose a windfall tax on banks but its clumsy handling could do more harm than good by shaking investor confidence. A market rout prompted a…
A look at the day ahead in European and global markets from Ankur Banerjee Before investors get consumed by the U.S. inflation data, markets will likely focus on European banks in the wake of the Italian government announcing a windfall tax and then hastily easing its stance, unnerving fragile investor confidence. Italy’s government announced late…
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine economy grew at its slowest pace in nearly 12 years in the second quarter as high inflation and interest rates hurt consumer demand, reducing pressure on the central bank to tighten monetary policy further. Gross domestic product (GDP) rose 4.3% in the April-June…
