Singlefamily housing starts increase 2.7 in March Singlefamily building permits jump 4.1 Overall housing starts fall 0.8; permits drop 8.8 WASHINGTON, April 18 Reuters U.S. singlefamily homebuilding increased for a second straight month in March, while permits for future construction surged, offering some glimmers of hope for the depressed housing market ahead of the busy […]

SHANGHAI, April 17 Reuters China39;s auto market, the worlds largest, is accelerating toward an electric future leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for the auto show starting Tuesday, they will return to a sharply different market from the one they left in 2021 when the industry […]

BEIJING, April 18 Reuters China39;s economy grew at a faster than expected clip in the first quarter, official data showed on Tuesday, expanding 4.5 yearonyear, as policymakers move to bolster growth following the end of strict COVID19 curbs in December. Analysts polled by Reuters had expected gross domestic product GDP to expand 4.0 from a […]

LONDON, April 18 Reuters The value and number of venture capital deals fell in Europe in the first quarter as inflation and higher interest rates dampened capital deployment and companies came under pressure to reduce costs and improve margins, PitchBook said. The value of VC deals fell 32.1 quarteroverquarter to 11.8 billion euros 12.90 billion, […]

Jewellery, precious metals sales up 37.4 yoy in March Households seek potential safe haven, inflation hedge Chinese families record 9.9 trln yuan of savings in Q1 SHANGHAISINGAPORE, April 18 Reuters Violet Zhu, a Shanghaibased electronic components exporter, has been attending jewellery auctions and chatting on social media forums on the subject this year, looking to […]