SEOUL, Oct 25 Reuters South Korea plans to start regulating crossborder transactions of virtual assets such as cryptocurrency, bringing in registration and reporting requirements from the second half of 2025, the finance ministry said on Friday. Under the new regulations, businesses dealing with crossborder trade of virtual assets will be required to register with authorities […]

Oct 25 Reuters Euro zone bank lending rebounded more in September, and German business sentiment has improved more than expected this month, bolstering the view that the euro zone economy has bottomed out, even if there is no rapid recovery in sight. The 20nation bloc39;s economy has expanded at the slowest possible pace for most […]

Onceprofitable options arbitrage collapses in losses Unusual surge in callbuying upended market Stimulus plans, U.S. election seen stoking volatility SHANGHAISINGAPORE, Oct 25 Reuters Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedge fund bruised by wild gyrations in the market since authorities vowed […]

DUBLIN, Oct 25 Reuters Irish consumer sentiment improved in October, rising to 74.1 from 71.9 the previous month on a slight easing in costofliving pressures and a modest but not dramatic boost from the Oct. 1 giveaway budget, a survey showed on Friday. The latest reading is well below the Credit Union Consumer Sentiment index39;s longterm […]

Tokyo inflation slows, but above forecast Inflation excluding fresh food, fuel accelerates to 1.8 Closely watched services inflation slows TOKYO, Oct 25 Reuters Core inflation in Japan39;s capital in October dipped below the central bank39;s 2 target for the first time in five months, data showed on Friday, potentially complicating the central bank39;s quest to […]

SHANGHAI, Oct 25 Reuters China39;s central bank conducted a mediumterm loan operation on Friday while keeping the interest rate unchanged. The People39;s Bank of China PBOC issued 700 billion yuan 98.36 billion worth of oneyear mediumterm lending facility MLF loans to some financial institutions at 2.00, unchanged from the previous rate, according to an online […]

OSLO, Oct 24 Reuters European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas LNG, the CEO of Norwegian oil and gas producer Equinor said on Thursday. Winter is approaching, and European demand will depend on the weather and […]

LONDON, Oct 24 Reuters Sentiment among British manufacturing companies fell at the fastest pace in two years ahead of finance minister Rachel Reeves39; first budget next week, a survey showed on Thursday. The Confederation of British Industry39;s measure of business sentiment dropped in the three months to October to 24 from 9 in the three […]

LONDON, Oct 24 Reuters Yields on British government bonds climbed on Thursday after a newspaper said finance minister Rachel Reeves was set to give herself a lot more room for borrowing in next week39;s budget, which could slow the Bank of England39;s interest rate cuts. Gilt yields rose by about 6 basis points in early […]

BERLINWASHINGTON, Oct 24 Reuters Germany39;s council of tax experts expects 58.1 billion euros 62.72 billion less in total tax revenue in the 20242028 period compared with its May forecast, projections on Thursday showed. For the federal government alone it expects 12.6 billion euros less in tax revenues in the fiveyear period, according to the updated […]