BEIJING (Reuters) -Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive a flagging engine of the world's second-largest economy.
TOKYO (Reuters) -Japan will consider more steps to cushion the blow of rising electricity bills, a government spokesperson said on Thursday, underscoring the pressure it faces in addressing the burden on households of higher prices for imports from a weak yen.
BERLIN (Reuters) -German inflation was at its highest level in more than a quarter of a century in September, driven by higher energy prices no longer dampened by popular relief measures, data showed on Thursday.
HONG KONG (Reuters) -The heads of some of the world's top banks and asset managers will attend an investment summit in Hong Kong on Nov. 2, the city's financial regulator said on Thursday, signalling a re-opening of the financial hub after strict pandemic-linked curbs.
(This September 28 story was refiled to fix projection for Turkey's 2022 growth in paragraph 11 to 4.5% from 2.5%)
BENGALURU (Reuters) -The Federal Reserve will hike its key interest rate to a much higher peak than predicted two weeks ago and the risks are skewed towards an even higher terminal rate, according to economists polled by Reuters.
China receives US equipment to make advanced chips despite new rules - report
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