China to unleash fresh fiscal stimulus sources China on track to hit 2023 growth goal but headwinds persist Some advisers call for raising budget deficit next year Policymakers seen favouring stimulus over reforms Debt could help nearterm growth, but deepen structural woes BEIJING, Oct 24 Reuters China is set to unleash fresh fiscal stimulus to […]

SINGAPORE, Oct 24 Reuters Singapore on Tuesday announced conditional approval for Sembcorp Utilities to import 1.2 gigawatts GW of electricity from Vietnam, the citystate39;s latest agreement to diversify its power sourcing and green a generation portfolio 95 of which is now fuelled by gas. The agreement is in line with a broader Singapore objective, set in late 2021, […]

RIYADHLONDON, Oct 24 Reuters Wall Street39;s top financiers showed up in force at an annual financial conference in Saudi Arabia on Tuesday despite broad concerns over travel in the Middle East in the wake of an escalating conflict between Israel and Hamas militants. Goldman Sachs39; David Solomon, JPMorgan39;s Jamie Dimon and Citi39;s Jane Fraser were among a group […]

BERLIN, Oct 24 Reuters German consumer sentiment is set to fall for a third month in a row in November, ending any hopes of a recovery this year as households grapple in particular with high food prices, a survey showed on Tuesday. The consumer sentiment index fell to 28.1 points heading into November from a […]

BEIJING, Oct 24 Reuters China39;s fiscal revenue grew 8.9 in the first nine months, decelerating from a 10 gain in JanuaryAugust, official data showed, as its economic recovery remained on shaky ground. Fiscal revenue hit 16.67 trillion yuan 2.28 trillionduring JanuarySeptember, while fiscal expenditure rose 3.9 to 19.79 trillion yuan, data from the finance ministry […]