Dollar firm on safe-haven demand as markets fret over China, banks

By Kevin Buckland TOKYO (Reuters) – The dollar remained on the front foot in Asia on Wednesday, holding on to overnight gains against major peers as investors sought the safety… Read more

Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat

By Clare Jim HONG KONG (Reuters) – News that big developer Country Garden was not able to make $22 million in bond payments is an alarm call for China’s government… Read more

Dollar retreats after China deflation unleashes drive into risk assets

(Corrects paragraph 14 to reflect most money market traders expect no change to U.S. rates in September) By Amanda Cooper LONDON (Reuters) -The dollar retreated on Wednesday after data showed… Read more

Glencore stays on acquisition path as first-half earnings halve

By Clara Denina and Pratima Desai LONDON (Reuters) -Glencore on Tuesday said it remains on the hunt for acquisitions, including a possible partial or full takeover of Canada’s Teck Resources,… Read more

Investors bet on state-backed developers as Chinese property begins recovery

By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are… Read more

Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll

FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic about their purchasing power and house prices, a European Central… Read more

Mori unveils Tokyo’s tallest office tower, testing post-COVID demand

By Rocky Swift TOKYO (Reuters) – Japan’s Mori Building unveiled Tokyo’s tallest office tower on Tuesday, part of a sprawling business and residential complex that aims to capitalise on an… Read more

Public debt expected to fall in most Pacific countries -World Bank

By Lucy Craymer WELLINGTON (Reuters) – Public debt in most Pacific countries is expected to fall in the next 12 months as countries move towards the gradual unwinding of COVID-19… Read more

Rainy July hurts UK retailers: spending growth slowest in 11 months

LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed… Read more

WPP CEO says advertisers taking a ‘wait and see’ stance on Musk’s X rebrand

LONDON (Reuters) – Brands are taking a “wait and see” approach to advertising on social media platform X, the new name for Twitter, until they can understand where owner Elon… Read more
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