Fewer UK firms expect to raise prices over the next month, ONS says
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price…
Economy
Central Asia forges ties with China as Xi touts ‘enduring’ friendship
By Andrew Hayley XIAN, China (Reuters) – Central Asian heads of state converged in China’s historic city of Xian on…
Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG (Reuters) – A shrinking land bank and sluggish property demand are likely…
China reopening, earnings rebound to boost North Asian equities -investors
By Anisha Sircar and Divya Chowdhury (Reuters) – Equity markets in North Asia will outperform the broader region this year,…
Biden, McCarthy push forward towards deal on US debt ceiling
By Susan Heavey, Doina Chiacu, Andrea Shalal WASHINGTON (Reuters) -President Joe Biden and top U.S. congressional Republican Kevin McCarthy on…
Analysis-As China’s yuan drops through 7 again, the dollar is in the driver’s seat
By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE (Reuters) – China’s heavily managed yuan has dropped to multi-month lows and breached…
Smaller consultancies eye opportunities as China crackdown hits sector leader
(This May 17 story has been corrected to rectify the name to Friberg, not Friburg, in paragraph 17) By Samuel…
Pension reform defiance brings new blood to French trade unions
By Leigh Thomas PARIS (Reuters) – France’s unions may have failed to derail President Emmanuel Macron’s push to raise the…
Analysis-Overexposed US regional banks could sell commercial property loans
By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at…
Six Pacific countries at high risk of debt distress – World Bank
WELLINGTON (Reuters) – Six Pacific countries are at a high risk of debt distress in part due to government spending…