Spanish Socialists’ candidate elected speaker with support of Catalan groups
MADRID (Reuters) -Spain’s Socialists had their candidate appointed speaker of the lower house of congress on Thursday with support from…
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Chile’s Codelco at risk of insolvency as debt grows, CESCO report says
By Julian Luk LONDON (Reuters) – Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to…
The Golden Girls approach: Buying homes together amid high prices
By Chris Taylor NEW YORK (Reuters) – Maybe Dorothy, Blanche, Rose and Sophia had it right all along. We remember…
China’s sliding yuan could be next ‘black swan event’ for markets, hedge fund EDL says
By Nell Mackenzie LONDON (Reuters – Hedge fund EDL Capital is betting on further falls for China’s offshore currency and…
China cenbank says it will keep policy ‘precise, forceful’ to aid recovery
BEIJING (Reuters) – China’s central bank said on Thursday it would keep liquidity reasonably ample and keep its policy “precise…
Troops guard Pakistani Christians after mob torches churches
By Mubasher Bukhari and Asif Shahzad LAHORE, Pakistan (Reuters) -Paramilitary troops have cordoned off a Christian settlement in eastern Pakistan…
Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI (Reuters) – A liquidity crisis at one of China’s top asset managers Zhongzhi Enterprise Group has fuelled worries that…
Chinese banks should keep a ‘proper level’ of profit margins -central bank
BEIJING (Reuters) – Chinese commercial banks need to maintain a proper level of profit and net interest margins to ensure…
Nigerian court adjourns suspended central bank governor’s fraud hearing
ABUJA (Reuters) – A Nigerian court in the capital Abuja adjourned a hearing on Thursday for suspended central bank governor…
Lenovo Q1 revenue misses forecasts, hit by poor PC demand
By Josh Ye HONG KONG (Reuters) -China’s Lenovo Group on Thursday posted a worse-than-expected 24% fall in revenue for the…