LONDON, Oct 13 Reuters The number of companies declared insolvent in England and Wales last month was 17 higher than a year before, but insolvencies over the third quarter look on track to be down slightly from the second quarter39;s 14year high. The Insolvency Service, a government agency, said 1,967 companies were registered insolvent, according […]

FRANKFURT, Oct 13 Reuters Volkswagen on Friday said that group deliveries rose by 7.4 in the third quarter, thanks to strong demand in Europe and North America that was able to offset a decline in China, the world39;s top auto market. Overall, Volkswagen recorded group deliveries of 2.34 million vehicles in the JulySeptember period. In China, […]

SINGAPORE, Oct 13 Reuters Singapore39;s central bank on Friday kept monetary settings unchanged as inflation in the citystate moderated and economic growth beat expectations. In a move that surprised economists, the Monetary Authority of Singapore MAS said it would shift to a quarterly schedule of policy statements in 2024 from semiannual. The MAS maintained the […]

BEIJING, Oct 13 Reuters China39;s consumer prices were flat in September, while factorygate prices shrank at slower pace, official data showed on Friday, indicating deflationary pressures persist in the economy. The consumer price index CPI was unchanged in September from a year earlier, data from the National Bureau of Statistics showed, missing the forecast for […]

Oct 12 Reuters China is considering creating a statebacked stabilization fund to shore up confidence in its equity markets, Bloomberg News reported on Thursday. Financial regulators, including the China Securities Regulatory Commission CSRC, recently submitted a preliminary plan to the country39;s top leadership after at least two rounds of consultation with industry participants over several […]

BUENOS AIRES, Oct 12 Reuters Argentina39;s central bank raised the country39;s benchmark interest rate to 133 from 118 on Thursday as inflation data came in worse than forecast, 10 days before voters go to the polls to choose a new president amid a deepening economic crisis. The hike came shortly after September inflation figures were […]

NEW DELHI, Oct 13 Reuters India39;s merchandise trade deficit in September stood at 19.37 billion, according to Reuters calculations based on export and import data released by the government on Friday. Economists had expected the country39;s September trade deficit to be 23.25 billion, according to a Reuters poll. India39;s merchandise exports stood at 34.47 billion, […]

KARACHI, Pakistan, Oct 13 Reuters Pakistan39;s central bank has met an endSeptember deadline for a forward book target of 4.2 billion agreed with the IMF, and is comfortably placed to meet others on net international reserves and net domestic assets, the bank said on Friday. The South Asian nation is trying to navigate a tricky […]