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21 Feb

Russian banks imported $5 billion in foreign cash in December -ACRA estimates

Russian ratings agency ACRA estimates that the country's banks imported $5 billion worth of banknotes in foreign currencies in December, up from $2.65 billion a year before, in a pre-emptive step in case of sanctions creating increased demand.

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21 Feb

German producer prices soar as Bundesbank, BDI warn on economy

BERLIN (Reuters) -German producer prices rose in January at their fastest rate since modern records began, soaring 25% and extending a run of sharp increases likely to keep businesses under financial stress and consumer inflation high.

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21 Feb

China's new home prices perk up as big city demand returns

BEIJING (Reuters) -China's new home prices rose for the first time since September on a monthly basis, official data for January showed on Monday, as efforts to soften the blow from tough regulatory curbs on property supported buyer sentiment, particularly in big cities.

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21 Feb

EU Parliament's top group suggests blacklisting Switzerland after Credit Suisse leaks

The main political grouping in the European Parliament called on Monday for a review of Switzerland's banking practices and for the country's possible inclusion in the EU's dirty-money blacklist after leaks of Credit Suisse documents.

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21 Feb

China's new home prices perk up as demand in big cities rises

BEIJING (Reuters) -China's new home prices rose for the first time since September on a monthly basis, official data for January showed on Monday, as efforts to soften the blow from tough regulatory curbs on the sector supported buyer sentiment, particularly in big cities.

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21 Feb

Euro zone recovery regained pace in Feb despite soaring prices -PMI

LONDON (Reuters) -The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions gave a boost to the bloc's dominant service industry, a survey showed, but consumers faced prices rising at a record rate.

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20 Feb

British carmaker Lotus is planning a multibillion-pound flotation - The Times

British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information.

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