Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China central bank boosts liquidity offering via policy loans, rate unchanged
SHANGHAI/SINGAPORE (Reuters) - China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market ex...
Dec 14, 2023
Indonesia trade surplus narrows to $2.41 billion in November, misses expectations
JAKARTA (Reuters) -Indonesia's trade surplus narrowed in November to $2.41 billion as imports increased more than expected, while exports continued their weakening trend, data from the statistics bure...
Dec 14, 2023
China’s weak property sector, retail sales keep stimulus calls alive
BEIJING (Reuters) -China's property sector worsened in November as negative home buyer sentiment and indebted developers drove down sales and investment, while broader retail sector activity missed fo...
Dec 14, 2023
Australia central bank to get power to take over distressed clearing and settlement providers
By Lewis Jackson SYDNEY (Reuters) - Australia will give its central bank new powers to take over and if necessary, wind up, clearing and settlement providers at risk of failure, according to draft leg...
Dec 14, 2023
Asian shares hit four-month peak as Fed pivot rally rolls on
By Stella Qiu SYDNEY (Reuters) -Asian shares hit a four-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on rate cuts from central bank...
Dec 14, 2023
Dollar feels the heat as Fed’s dovish pivot weighs
By Ankur Banerjee SINGAPORE (Reuters) - The dollar languished near four-month lows on Friday, weighed by growing prospects of U.S. interest rate cuts next year, while the euro and pound found support ...
Dec 14, 2023
Oil prices on track for first weekly rise in two months
By Laura Sanicola (Reuters) - Oil prices rose in early Asian trade on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the International En...
Dec 14, 2023
China’s Nov new home prices fall for fifth straight month
BEIJING (Reuters) - China's new home prices fell for the fifth straight month in November, official data showed on Friday, as the sector still struggles to elbow its way out of a weak market in the fa...
Dec 14, 2023
Citi’s Mexico unit set to split off by late 2024 -local media
MEXICO CITY (Reuters) -Citigroup's Mexican retail unit, known as Banamex, is set to split off from its parent by the second half of 2024, the lender's Mexico head, Manuel Romo, told local media on Thu...
Dec 14, 2023
Japan’s factory activity extends declines as pressures persist- PMI
TOKYO (Reuters) - Japan's factory activity shrank for a seventh straight month in December while the service sector made modest gains, a business survey showed on Friday, as weak demand and price pres...
Dec 14, 2023
