Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Japan Q3 GDP seen contracting at slower pace on capex: Reuters poll
TOKYO (Reuters) - Japan's economy likely shrank slightly less than initially estimated in July-September, reflecting an expected upward revision in private sector capital investment, a Reuters poll sh...
Dec 04, 2023
China’s state banks seen swapping and selling dollars for yuan – sources
SHANGHAI (Reuters) - China's major state-owned banks were seen swapping yuan for U.S. dollars in the onshore swap market and selling those dollars in the spot market to support the yuan on Tuesday, tw...
Dec 04, 2023
Australia’s central bank holds rates steady but retains hiking bias
SYDNEY (Reuters) - Australia's central bank held interest rates steady on Tuesday as expected, buying it more time to assess the state of the economy and to determine whether further hikes might be ne...
Dec 04, 2023
Analysis-Asian power generation gets cleaner, even as coal emissions rise
By Sudarshan Varadhan SINGAPORE (Reuters) - Asia boosted clean electricity output and slashed its share of fossil fuels faster than North America and Europe from 2015, data shows, underscoring resista...
Dec 04, 2023
Asian stocks slide as focus turns to US jobs
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and wai...
Dec 04, 2023
As Japan emerges from deflation, banks get wake-up call on interest rate swing
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - After decades of deflation, Japan's economy looks poised to finally turn a corner. For its biggest banks, however, there's a hitch: a generatio...
Dec 04, 2023
China’s Nov services activity accelerates on boost from new orders – Caixin PMI
BEIJING (Reuters) - China's services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months ami...
Dec 04, 2023
Philippines inflation posts slowest rise in 20 months in November
By Neil Jerome Morales and Mikhail Flores MANILA(Reuters) - Philippine annual inflation rose at its slowest pace in 20 months in November, likely easing the pressure on the central bank to keep intere...
Dec 04, 2023
Australia trade drags on Q3 growth, government spending a boost
By Wayne Cole SYDNEY (Reuters) - Australia's current account slid into deficit in the September quarter as prices for some commodity exports fell and locals spent more money abroad, leaving trade as a...
Dec 04, 2023
Oil prices steady amid OPEC+ cut doubts, Mid-East tension
SINGAPORE (Reuters) - Oil prices held steady on Tuesday amid uncertainty over voluntary output cuts by OPEC+ and as continued tension in the Middle East spurred supply concern. Brent crude futures edg...
Dec 04, 2023
