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16 Jun

China steps up fixed-asset investment to steady COVID-hit economy

BEIJING (Reuters) -China's state planner said on Thursday it had approved 10 fixed-asset investments worth 121 billion yuan ($18.1 billion) in May, a more than six-fold jump from April, as policymakers seek to get economic growth back on track after a COVID-induced slump.

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16 Jun

China May new home prices fall again, more stimulus expected

China's new home prices in May fell for the second month this year, depressed by still fragile demand as widespread COVID-19 curbs dented already weak buyer confidence, suggesting more policy stimulus is needed to return the market to growth.

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16 Jun

Nasdaq-listed 26 Capital to pursue $2.5 billion SPAC deal with Manila casino

The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrated casino-resort, despite a wrangle for control involving current owners.

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16 Jun

China's May new home prices fall for second month

China's May new home prices fell for the second month this year, official data showed on Thursday, depressed by still fragile demand as widespread COVID-19 curbs dented already weak buyer confidence in the property market.

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16 Jun

Analysis-Overlapping rules to curb greenwashing may only add to company frustration

Three competing plans to curb companies from exaggerating their green credentials could lead to more frustration and costs for businesses, especially starting next year.

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16 Jun

Japan runs biggest trade deficit in more than 8 years in May

TOKYO (Reuters) -Japan ran its biggest single-month trade deficit in more than eight years in May as high commodity prices and declines in the yen swelled imports, clouding the country's economic outlook.

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15 Jun

Bolivia again delays announcement on lithium mining tie-ups

Bolivia's government on Wednesday declined to name which of six short-listed companies it would select to help mine its untapped lithium riches, with the chief of the country's state-run lithium company saying more than one could be eventually selected.

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Latest Articles

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