Italy open to selling down MPS stake on market if terms, buyers are right – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei…
Economy
Chinese scour Thailand for homes, looking to offset risks after pandemic
By Angie Teo, Chayut Setboonsarng and Devjyot Ghoshal BANGKOK (Reuters) -Shanghai resident Daniel Bian drank in the sweeping views over…
China’s exports seen rising in April but at slower pace, outlook challenging
By Joe Cash BEIJING (Reuters) -China’s exports were expected to have risen again in April, albeit at a less robust…
Citi appoints new North Africa, Levant and Central Asia head
DUBAI (Reuters) – Banking group Citi has appointed Omar Hafeez as head of its North Africa, Levant and Central Asia…
Marketmind: Markets await US banks’ take on credit squeeze
A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to…
Westpac ditches cost-cutting target, says profit margins to thin
By Byron Kaye and Roushni Nair (Reuters) -Australia’s Westpac Banking Corp on Monday threw out a cost-cutting target citing inflation…
Japan’s service activity grows at record pace in April – PMI
TOKYO – Japan’s services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by…
Australia business activity robust in April, cost pressures still a challenge
SYDNEY (Reuters) – Australian business conditions remained sturdy in April, supported by robust sales and labour market strength despite high…
Bank of Japan debated risk of inflation overshoot in March
By Leika Kihara TOKYO (Reuters) – Several Bank of Japan (BOJ) board members said the central bank must be vigilant…
Australian govt pledges $10 billion in budget to ease cost of living
SYDNEY (Reuters) – Australia’s centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years…