J.P.Morgan, Citi upgrade China’s 2023 full-year GDP growth forecast
(Reuters) – J.P.Morgan and Citigroup upgraded China’s 2023 full-year gross domestic product growth forecast on Tuesday, citing that the country’s…
Economy
Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) – State-owned China Mobile Ltd is exploring a buyout of Hong…
UN predicts Afghan economy would contract if aid drops 30%
By Charlotte Greenfield (Reuters) – Afghanistan’s economy will contract, inflation will rise and liquidity will fall if there is a…
Average price of new Tokyo apartment passes 100 million yen for first time
TOKYO (Reuters) – The average sales price for newly-built apartment units in Japan’s metropolitan Tokyo area jumped to 143.6 million…
BOJ aims to meet 2% inflation goal by keeping easy policy – Ueda
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will stay the course to reach the central bank’s 2% inflation target by…
Adani Group debt increases 21% over past year – Bloomberg News
(Reuters) – Adani Group’s debt pile rose almost 21% over the past year and the proportion held by global banks…
Italy to allow ChatGPT to return if OpenAI takes ‘useful steps’
ROME (Reuters) -Italy’s data protection watchdog is ready to allow the return of the ChatGPT chatbot at the end of…
Chinese households turn to jewellery and gold in flight to safety
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewellery…
TotalEnergies’ variable cost margin for European refineries jumps in the first quarter
(Reuters) – French energy company TotalEnergies’ variable cost margin for European refineries jumped to $87.8 dollar per tonne in the…
Russia building reserves in assets the West can’t sanction – central bank chief
MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets…