The final countdown? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) – Another quarter percentage-point rate hike from the European Central Bank looks like…
Business
Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg (Reuters) – Central bankers, who once considered obscurity central to…
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding…
Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
(Reuters) -Entities backed by Singapore’s Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion yuan…
Marketmind: Markets drift ahead of central bank extravaganza
A look at the day ahead in European and global markets from Ankur Banerjee After surprise interest rate hikes from…
Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at…
Marketmind: Central bank bonanza, stocks on a roll
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf. Asian markets will…
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING (Reuters) – Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their…
BOJ set to keep ultra-low rates, may signal inflation overshoot
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) is expected to maintain ultra-loose monetary policy this week and…
Morgan Stanley Infrastructure in lead to buy Sacyr waste management unit – sources
By Andres Gonzalez and Corina Pons LONDON/MADRID (Reuters) -Morgan Stanley Infrastructure Partners is poised to buy Sacyr’s Valoriza Servicios Medioambientales…