LONDON, April 29 Reuters British house prices rose less than expected this month after expanding in March at the fastest pace since 2004, figures from mortgage lender Nationwide showed on Friday. Annual price growth slowed to 12.1 in April from March39;s 18year peak of 14.3, after a 0.3 monthly increase which was the smallest since […]

LONDON, April 28 Reuters The British public39;s expectations for inflation have fallen after rising for several months, according to a survey that the Bank of England keeps track of as it considers how fast it needs to keep raising interest rates. U.S. bank Citi and polling firm YouGov said their gauge of expectations for inflation […]

Import tariffs for coal will be cut to zero from 36 Limited impact on Indonesia coal and Australia imports Tariff cuts could benefit Russian coal imports traders BEIJING, April 28 Reuters China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the finance ministry said […]

LONDON, April 28 Reuters Borrowing costs for U.S. dollars in currency derivatives markets rose sharply on Thursday after the dollar surged to within striking distance of its highest levels in two decades. The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002, after the Bank of Japan […]

ANZ, NAB expect 15 bp May 3 RBA hike CBA, Westpac see June more likely Market pulls forward bets on May SINGAPORE, April 27 Reuters Two of Australia39;s big four banks expect the benchmark cash rate will rise next week and a third sees increased risk of a hike after a surprisingly strong inflation reading […]

MUMBAI, April 28 Reuters India39;s gold demand is likely to remain soft in second quarter after falling 18 in the first quarter as retail purchases during a key festival early next month could be below normal because of volatile prices, the World Gold Council WGC said on Thursday. Lower purchases by the world39;s second biggest […]

FRANKFURTLONDON, April 28 Reuters The European Central bank backed on Thursday European Union proposals to toughen scrutiny of foreign lenders in the bloc, which has become a thorny issue since Brexit. Lenders from the United States, Switzerland and Britain, now outside the EU, fear the proposals will force them to set up a costly branch […]

Twitters Board of Directors has agreed to a takeover offer from Elon Musk of 44 billion. The Tesla conglomerate and the worlds richest man initially offered to buy Twitter for 54.20 on the 14th of April, not long after revealing he had a 9.2 stake in the company.

MILAN, April 26 Reuters The European Union aims to reduce its dependence on Russian oil and gas by twothirds by the end of the year and to zero by the end of 2027, EU Economic Commissioner Paolo Gentiloni told Il Messaggero daily in an interview published on Tuesday. Gentiloni also said the EU would cut […]

MEXICO CITY, April 25 Reuters Mexico39;s economy is thought to have expanded between January and March for the first time in three quarters, driven by domestic consumption and a rebound in exports, a Reuters survey showed on Monday. Gross domestic product GDP is expected to have grown 1.1 in the first quarter from the previous […]