The disappointing economic backdrop to China's policy dilemma

China's central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending in an economy awash with cash but lacking in consumer demand and business confidence.

newspaper

16-08-2022

Trump's revenge campaign takes aim at key Wyoming, Alaska Republicans

Donald Trump's campaign to oust congressional Republicans who supported his impeachment gets its last major test of the U.S. midterm primary season on Tuesday, when Liz Cheney and Lisa Murkowski face challengers backed by the former president.

newspaper

16-08-2022

Britain launches trade system for developing countries

Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from developing countries, part of London's post-Brexit efforts to set up systems to replace those run by the European Union.

newspaper

16-08-2022

Soaring coal prices lift BHP to highest profit in 11 years

(Reuters) -BHP Group Ltd reported bumper profits on Tuesday on the back of gains in prices of coal and other commodities, and declined to rule out a second approach in its spurned $6 billion bid for OZ Minerals.

newspaper

16-08-2022

Soaring commodity prices lift BHP to best profit in 11 years, growing arsenal for M&A

(Reuters) -BHP Group Ltd reported bumper profits on surging commodity prices on Tuesday, sending shares sharply higher, as the global miner failed to rule out a second approach in its spurned $6 billion bid for OZ Minerals.

newspaper

16-08-2022

Philippines central bank to hike by 50 bps on Thursday, catching up with peers: Reuters poll

The Philippine central bank will follow its surprise July rate hike with a half-point point rise on Thursday and another quarter-point increase in September to catch up with its peers in containing soaring inflation, a Reuters poll forecast.

newspaper

16-08-2022

Malaysia Airlines signs provisional deal for 20 Airbus A330neos

Malaysia Airlines has signed a provisional agreement to acquire 20 Airbus A330neos to replace its ageing fleet of A330 widebody jets in a deal that also involves aircraft leasing company Avolon.

newspaper

15-08-2022

China's July daily coal output jumps 16% yr/yr on peak summer demand

SINGAPORE (Reuters) -China's daily coal output in July surged 16% from a year earlier following Beijing's call for miners to ensure sufficient supply during the peak summer demand season.

newspaper

15-08-2022