SHANGHAIWASHINGTON, Aug 30 Reuters China has defended its business practices after U.S. Commerce Secretary Gina Raimondo said American firms had told her it had become uninvestible, highlighting a trend of global investors turning away from assets in the world39;s secondlargest economy. The commerce secretary is the latest Biden administration official to visit China in a […]

Divergence opening up between European and U.S. bonds Treasury yields touched 2007 highs while Germany lagged Investors bet on weak European growth, lower deficits Aug 30 Reuters A big selloff that pushed U.S. borrowing costs to 15year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc39;s economic growth and funding […]

BEIJINGHONG KONG, Aug 30 Reuters Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisishit property sector and shore up the sputtering economy. The decision comes as some Chinese stateowned banks are expected to lower interest rates on existing […]

BERLIN, Aug 30 Reuters Inflation rose in four of six key German states in August, according to data released on Wednesday, casting doubt on a continuation of a national downward trend. Economists surveyed by Reuters have forecast a harmonised inflation rate for the whole of Germany of 6.3, easing slightly from 6.5 in July. The […]