SHANGHAISINGAPORE, Dec 20 Reuters China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its mediumterm policy rate steady earlier last week. But market watchers continued to expect Beijing to deliver further monetary easing into the new year to support a sputtering economic recovery […]

Nov exports 0.2 vs Oct 1.6 Chinabound shipments of chips, food slump Global slowdown adds to weak domestic demand Yen rebounds, weak exports may delay BOJ exit TOKYO, Dec 20 Reuters Japan39;s exports in November fell for the first time in three months dragged down by Chinabound chip shipments, underscoring worries that slowing overseas economies will […]

NEW YORK, Dec 20 Reuters The Federal Reserve39;s dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenbacks decline. After soaring to a twodecade high on the back of the Feds rate hikes in 2022, the U.S. currency has […]

BEIJING, Dec 20 Reuters A shift in Chinese retailers39; strategy toward lowerpriced goods and services to win costconscious consumers risks embedding the country39;s recent deflationary trends more permanently into the world39;s secondlargest economy. Price cuts, the proliferation of bargain stores and companies offering cheaper, scaleddown versions of their products may create a vicious cycle of […]

Dec 20 Reuters Sales of electric cars in the European Union were almost half of all new passenger car registrations in the EU between January and November 2023 and already crossed the halfway mark in the month of November alone, data showed on Wednesday. Electrified vehicles either fully electric models, plugin hybrids or full hybrids […]