S.Korea state-run banks join liquidity support effort for credit union
By Jihoon Lee SEOUL (Reuters) -South Korean state-run banks are providing at least two trillion won ($1.54 billion) of liquidity…
Business
Mercedes sales rise in Q2 on top-end, electric vehicles
BERLIN (Reuters) – Mercedes-Benz Group sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles –…
Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts
SYDNEY (Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator…
Renault brand sales up 11% in first half
PARIS (Reuters) – French automaker Renault said on Tuesday worldwide sales of its flagship brand rose 11% in the first…
German inflation bucks downward trend in June
BERLIN (Reuters) – German inflation rose in June, interrupting a steady decline since the start of the year. German consumer…
Explainer-Credit Suisse crash investigated by Swiss lawmakers
By John Revill and Tomasz Janowski ZURICH (Reuters) – A rare Swiss parliamentary investigation due to start this week aims…
Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal mindset, spending…
China gallium curbs raise chip questions for future EV models
By Nick Carey LONDON (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can…
Marketmind: As yields and the yen go, so goes the dollar
A look at the day ahead in European and global markets from Tom Westbrook A day of calm after last…
China property shares rise on financial support policy
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers rose on Tuesday after regulators extended some policies in…