Oct 20 Reuters China Evergrande Group said on Friday it was revising the terms of a proposed offshore debt restructuring deal to meet the firm39;s situation and creditors39; demand, without providing details. Evergrande, which is at the centre of China39;s property sector debt crisis, said late last month that its billionaire founder was being investigated over […]

NEW DELHI, Oct 20 Reuters The share of Russian oil in India39;s overall imports rose to about twofifths in the first half of fiscal 202324, consolidating Moscow39;s position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. India, the world39;s third largest oil importer and consumer, has emerged as […]

Sept core consumer prices up 2.8 yryr vs f39;cast 2.7 Corecore index up 4.2 yryr in Sept govt Data among factors to come under scrutiny at BOJ39;s Oct meeting TOKYO, Oct 20 Reuters Japan39;s core inflation in September slowed below the 3 threshold for the first time in over a year but stayed above the […]

LONDON, Oct 20 Reuters British retail sales volumes fell by a sharper than expected 0.9 in September compared with the month before, figures from the Office for National Statistics showed on Friday. Economists polled by Reuters had forecast that sales volumes would fall by 0.2 on the month. Retailers reported that the fall over the […]

LONDON, Oct 20 Reuters Britain recorded a smallerthenexpected budget deficit of 14.347 billion pounds 17.37 billion in September, the Office for National Statistics said on Friday. A Reuters poll of economists had pointed to public sector net borrowing, excluding stateowned banks, of 18.3 billion pounds. Government borrowing between April and September, the first half of […]

LONDON, Oct 19 Reuters European Union banking regulators have been set specific objectives for their 2024 checks on lenders to reflect lessons from global banking turmoil earlier this year, the European Union39;s banking watchdog said on Thursday. The European Banking Authority EBA sets out guidance for banking regulators in the bloc39;s 27 member states each […]

SHANGHAISINGAPORE Oct 19 Reuters At least seven listed companies owned by China39;s central government said late on Thursday that their controlling shareholders planned to increase holdings or buy back shares, as Beijing steps up efforts to stabilise sinking stocks. The announcements by the companies, including China State Construction Engineering Corp and Aluminum Corp of China, came […]

Weekly jobless claims decrease 13,000 to 198,000 Continuing claims increase 29,000 to 1.734 million Existing home sales fall 2.0 to 3.96 million units WASHINGTON, Oct 19 Reuters The number of Americans filing new claims for unemployment benefits fell to a ninemonth low last week, indicating that strong job growth persisted in October as the labor […]

LONDON, Oct 19 Reuters A future British government should consider raising the Bank of England39;s inflation target from 2 to 3 to give it more room for manoeuvre during economic downturns and ease the burden on the public finances, a leading think tank said on Thursday. The Resolution Foundation said a raised inflation target would […]