Euro zone lending slows further as rate hikes bite
FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher…
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Indonesia to make it less painful for exporters to keep earnings onshore -official
JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their…
Japan to maintain accommodative policy – govt official quotes BOJ’s Ueda
TOKYO (Reuters) – The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted…
Aston Martin races past second quarter expectations
By Yadarisa Shabong (Reuters) -British luxury carmaker Aston Martin’s second-quarter results beat market expectations on Wednesday, powered by higher prices…
Exclusive-US Coast Guard seeks bigger role to search, board vessels in Pacific
By Kirsty Needham SYDNEY (Reuters) – The United States Coast Guard is in talks with Pacific Island countries to expand…
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end…
Deutsche Bank flags cost cuts as investment bank slump lowers profit
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as…
LG Display flags Q4 turnaround after 5th straight quarterly loss
By Joyce Lee and Ju-min Park SEOUL (Reuters) -South Korea’s LG Display reported a fifth consecutive quarterly loss on Wednesday…
Thailand trims GDP growth outlook as exports soften
BANGKOK (Reuters) -Thailand’s finance ministry has lowered the country’s 2023 economic growth outlook to 3.5% from 3.6% projected earlier, as…
Taiwan’s economy seen returning to growth in Q2: Reuters poll
TAIPEI (Reuters) – Taiwan’s export-dependent economy likely returned to growth in the second quarter thanks to resilient domestic consumption although…