BEIJING, Nov 27 Reuters Profits at China39;s industrial firms extended gains for a third month in October, albeit at a slower pace, suggesting more policy support from Beijing is needed to help shore up growth in the world39;s secondlargest economy. The 2.7 yearonyear rise sees profit growth narrow back to singledigits, following an 11.9 increase […]

TOKYO, Nov 27 Reuters Japan39;s businesstobusiness service inflation accelerated in October as a tight job market lifted labour costs, underscoring a broadening of price pressures that could heighten the chance of a nearterm end to ultraloose monetary policy. The services producer price index, which measures the price companies charge each other for services, rose 2.3 […]

BEIJING, Nov 27 Reuters Top Chinese government departments led by the central bank said on Monday that measures needed to be stepped up to strengthen financial support for private companies, including unblocking and sustaining of funding channels. State agencies have in recent months unveiled a flurry of initiatives to support private businesses after authorities vowed […]

BENGALURU, Nov 27 Reuters India39;s economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand despite a global slowdown dampening export growth, according to a Reuters poll of economists. Gross domestic product GDP growth is forecast to have slowed to 6.8 in the JulySeptember quarter […]

JERUSALEM, Nov 27 Reuters Israel Discount Bank on Monday reported an 8.5 drop in thirdquarter profit and temporarily slashed its dividend payout due to the fallout from Israel39;s war with Hamas militants. Discount39;s quarterly net profit slipped to 817 million shekels 220 million from 893 million a year earlier, while net interest income boosted by aggressive […]