SHANGHAI, April 11 Reuters China auto sales plunged in March as the country39;s curbs to rein in COVID19 outbreaks took their toll, while Tesla Inc was among automakers feeling the pain of limits on production. Sales in the world39;s biggest car market tumbled 11.7 in March from a year earlier to 2.23 million vehicles its first […]

LONDON, April 15 Reuters Moody39;s said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow39;s exclusion from the Western financial system since President Vladimir Putin39;s invasion of Ukraine. If Moscow is declared in default, it would mark […]

China GDP growth seen at 5.0 in 2022, 5.2 in 2023 Inflation seen at 2.2 in 2022, 2.3 in 2023 C.bank seen cutting RRR by 50 bps in Q2 2022 C.bank seen cutting LPR by 10 bps in Q2 2022 BEIJING, April 14 Reuters China39;s economic growth is likely to slow to 5.0 in 2022 […]

SHANGHAIBEIJING, April 14 Reuters China39;s securities regulator on Thursday ordered Legend Holdings Corp to rectify information disclosure issues. The China Securities Regulatory Commission CSRC said in a statement that a regular onsite inspection found that the company released its 2020 annual report in Hong Kong earlier than it did in mainland China. Legend39;s disclosure via the […]

WELLINGTON, April 14 Reuters Manufacturing activity in New Zealand in March improved a tad due to strong new orders and positive employment, a survey showed on Thursday. The Bank of New ZealandBusiness NZ39;s seasonally adjusted Performance of Manufacturing Index PMI rose to 53.8 from 53.6 the previous month. A reading above 50 indicates an expansion […]

SYDNEY, April 14 Reuters Australia39;s unemployment rate held at a 13year low in March as jobs growth slowed after months of strong gains, though recordhigh vacancies suggest it is only a matter of time before unemployment falls further. Figures from the Australian Bureau of Statistics on Thursday showed a jobless rate of 4.0, when analysts […]

WELLINGTON, April 14 Reuters Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New Zealand REINZ said on Thursday. Seasonally adjusted nationwide median house prices fell 4.8 in March from February but remain up 7.4 year on […]

March export growth eases slightly but beats forecasts March imports unexpectedly fall Ukraine war, COVID lockdowns taking a toll BEIJING, April 13 Reuters China39;s imports unexpectedly fell in March as COVID19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect a worsening […]

SYDNEY, April 13 Reuters A measure of Australian consumer sentiment slipped for a fifth straight month in April as rising inflation and the risk of higher interest rates weighed on family finances and spending intentions. The WestpacMelbourne Institute index of consumer sentiment released on Wednesday dipped 0.9 in April from March, when it slid 4.2. […]

Feb 4 Reuters Britain39;s energy regulator Ofgem on Friday opened a consultation on a proposal to switch from halfyearly to quarterly price cap updates and reducing the advance notice for new tariffs to take effect. We are consulting on a number of changes to the price cap methodology in response to the recent unprecedented rise […]