LONDON, Nov 21 Reuters German house prices will fall 3.5 next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright crash are low, according to a Reuters poll of property market experts. Harmonised consumer price inflation in Europe39;s largest economy was 11.6 last month and the European Central […]

BERLIN, Nov 22 Reuters German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy as high energy prices and geopolitical uncertainties hurt businesses, the BDI industry association said on Tuesday. The BDI said it expected a slight increase in production of around 0.25 […]

VIENNA, Nov 22 Reuters Austria should keep its recently introduced compulsory standards for mortgage lending, the Austrian National Bank ONB said on Tuesday, despite a recent call by the conservative finance minister for those standards to be reviewed. Faced with a sustained housing boom and banks39; widespread flouting of recommendations on mortgage lending aimed at […]

UK government borrows 13.549 bln pounds in October Reuters poll had pointed to borrowing of 22 bln pounds Figures include only partial estimate of energy bill support Borrowing likely to rise in months ahead LONDON, Nov 22 Reuters Britain39;s government borrowed less than expected in October, data showed on Tuesday, although the budget deficit is […]

Talks with other Chinese, European buyers ongoing Kaabi Says buyers may take up to a 5 stake in expansion Says deal signals importance of secure longterm supply DOHA, Nov 21 Reuters QatarEnergy has signed a 27year deal to supply China39;s Sinopec with liquefied natural gas in the longest such LNG agreement to date as volatility […]

SHANGHAI, Nov 22 Reuters Liquidity conditions in China39;s interbank money markets eased further on Tuesday, as cash supply far outpaced demand, despite a huge withdrawal of funds by the central bank. Key rates dropped, with the volumeweighted average price of the overnight repo traded in the interbank market falling below the threshold of 1 for […]

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SYDNEY, Sept 1 Reuters Australia39;s housing market downturn is squeezing many home sellers into a double bind They39;ve taken out a mortgage for a new home but are holding out for a good deal on their old place, forcing them also to hold a bridging loan to cover their previous mortgage. And with prices now […]

MUMBAI, Sept 1 Reuters Goldman Sachs has revised lower its growth projections for India after the AprilJune quarterly gross domestic product readings missed market estimates. The lowerthanexpected growth during AprilJune created downside risk of 40 basis points to current fiscal year growth estimates, Morgan Stanley said in a note. India39;s real GDP growth increased 13.5 […]

BENGALURU, Sept 1 Reuters India39;s current account deficit deteriorated sharply in the last quarter and is expected to end the fiscal year at its widest in a decade as ballooning trade imbalances coincide with a decline in foreign investment, a Reuters poll found. A revival in domestic demand in Asia39;s thirdlargest economy and a surge […]