Chinese investors, companies flock to CDs for higher returns Liquidity trap brewing as loss of confidence in economy spreads Money managers draw parallels with Japan39;s 39;balance sheet recession39; in 1990s SHANGHAISINGAPORE, Aug 4 Reuters China39;s consumers and companies are tying up trillions of yuan in longerdated deposits with banks, effectively taking a vast pool of […]

BEIJINGSYDNEY Aug 4 Reuters China39;s Ministry of Commerce said on Friday it would drop antidumping and antisubsidy tariffs on Australian barley imports that had been in place for three years affecting billions of dollars of trade, as the two nations repair strained ties. China and Australia agreed in April to resolve their dispute over barley […]

BERLIN, Aug 4 Reuters German industrial orders rose in June against expectations for a drop, driven by sharp gains in the aerospace sector that left analysts divided over whether the reading represented a sustainable upturn. German industry has been mired in the doldrums, with a PMI survey on Tuesday showing a manufacturing sector downturn deepened in July. […]

Aug 4 Reuters Car sales in Russia rose 168.8 yearonyear in July, partially bouncing back from a slump in 2022, data showed on Friday, the day after President Vladimir Putin called on state bodies to stop using foreignmade cars in favour of domestic ones. Russia39;s auto industry had been heavily reliant on investment, equipment and […]