China’s slow consumer inflation, deepening factory gate deflation to test policy
By Liangping Gao and Kevin Yao BEIJING (Reuters) – China’s consumer prices rose at the slowest pace in more than…
Business
Philippine Q1 growth cools, but on track for 2023 target
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -Philippine economic growth cooled to its slowest in two years…
Analysis-Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
By Chen Aizhu SINGAPORE (Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the…
Cluster of Chinese vessels spotted near Russian rig off Vietnam – ship monitors
By Francesco Guarascio (Reuters) -A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered…
China and US debt woes may dominate G7 finance chiefs’ talks
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – China will be the elephant in the room at this week’s…
GM, VW face idled capacity risk in China without faster EV transition -Greenpeace
SHANGHAI/BERLIN (Reuters) – Automakers including Volkswagen and General Motors could have considerable unused production capacity for conventionally powered vehicles in…
BOJ debated progress in hitting price goal at Ueda’s debut meeting
By Leika Kihara (Reuters) -Bank of Japan policymakers debated the country’s progress towards achieving their inflation target and the pace…
Biden warns of recession unless Republicans back his debt ceiling plan
By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…
Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent
By Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion…
Grupo Mexico nearing $7 billion deal for Citi’s Banamex unit -source
By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for…