EU aims to be ‘partner of choice’ for Latam, Caribbean in pivot from China, Russia
(This July 16 story has been corrected to state that China is CELAC’s second-largest trading partner, not its largest, in…
Economy
Evergrande’s liabilities, depleted coffers raise business viability concerns
By Clare Jim HONG KONG (Reuters) – China Evergrande Group’s huge liabilities and diminishing cash disclosed in its long-overdue reports…
Ghosn says Nissan, Renault are going for mini alliance with rebalancing deal
TOKYO (Reuters) – Former Nissan Motor chairman Carlos Ghosn said on Tuesday the Japanese automaker and Renault are trying to…
Deutsche Bank cuts China’s 2023 growth forecast to 5.3%
(Reuters) – Deutsche Bank lowered its forecast for China’s economic growth forecast this year to 5.3%, from 6% earlier, citing…
World Bank chief Banga unveils new plans to boost lending ‘firepower’
By Andrea Shalal (Reuters) – World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance…
TSMC Q2 earnings seen down 27% y/y, Q3 looks better
By Faith Hung and Ben Blanchard TAIPEI (Reuters) – Taiwanese chipmaker TSMC is expected to report a 27% fall in…
Factbox-Corporate debt woes are on the rise
LONDON (Reuters) – From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation…
Marketmind: China worries keep investors jittery
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s…
Exclusive-China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
By Selena Li and Xie Yu HONG KONG (Reuters) – China’s CITIC Securities plans to move dozens of bankers from…
China’s NDRC vows to roll out consumption support policies without delay
BEIJING (Reuters) – China’s top economic planner pledged on Tuesday that it would roll out policies to “restore and expand”…