China’s deflation pressure builds as consumer prices falter
BEIJING (Reuters) -China’s producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered…
Business
Take Five: Mind the curve
(Reuters) -Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next…
Westpac hires RBA assistant gov Luci Ellis as chief economist
SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader…
China’s state planner holds meeting with private firms, including Baidu
(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING (Reuters) – China’s state planner…
Analysis-U.S. military deals not enough to wean India off Russian arms yet
By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting…
Marketmind: China disinflation a mix of good and bad
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for…
What people are saying about Ant Group’s $984 million fine and share buyback
(Reuters) – China’s Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well…
Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are…
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial…