Beijing’s Drive For Looser Lending Raises Fears Of Bank Margin Squeeze
SHANGHAI (Reuters) – Beijing’s mandate to aid virus-hit sectors has left China’s banking sector lagging behind a broader market rally…
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Russia, Turkey back plan to export grains; Ukraine doubtful
ANKARA, Turkey (AP) — Russia and Turkey voiced support Wednesday for a safe corridor in the Black Sea to allow…
After Lockdown, Shanghai Tries To Mend Fences With Foreign Firms
SHANGHAI (Reuters) – Shanghai officials are seeking to revive confidence among multinational firms bruised and frustrated by the city’s COVID-19…
Asian shares fall as oil lingers above $120, yen sinks
TOKYO (AP) — Shares were mostly lower in Asia on Thursday as investors watched for fresh signs of inflation and…
Mercedes-Benz CEO Rules Out Possibility Of Chinese Blocking Minority -Handelsblatt
BERLIN (Reuters) – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes…
‘Only God can help’: Hundreds die as Somalia faces famine
MOGADISHU, Somalia (AP) — No mother should have to lose her child. Owliyo Hassan Salaad has watched four die this…
Pernod Ricard Banking On Digital Push To Boost Growth
PARIS (Reuters) -French spirits group Pernod Ricard said on Wednesday it was banking on digital initiatives, notably the use of…
S.Korea’s LG Energy Solution Launches Nickel Processing Plants In Indonesia
By Bernadette Christina and Gayatri Suroyo JAKARTA (Reuters) – South Korea’s LG Energy Solution (LGES) on Wednesday broke ground on…
China Will Ease Export Bottlenecks To Boost Foreign Trade – Official
BEIJING (Reuters) -China will make port operations more efficient and hold more online trade fairs as part of a suite…
Oil Prices Advance On Low Oil Inventories Expectation
By Florence Tan SINGAPORE (Reuters) – Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks,…