TORONTO, May 17 Reuters The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve39;s first move before a declining currency threatens to endanger the inflation outlook, the median estimate of seven analysts in a straw poll showed. A weaker Canadian dollar versus the greenback this year has […]

HONG KONG, May 17 Reuters Hong Kong will allow mainland China39;s pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step forward for Beijing39;s efforts to internationalise the yuan amid rising geopolitical tensions. The programme, backed by Beijing, will allow […]

Stateowned firms to buy some apartments Central bank beefs up financing schemes Data shows house prices, property investment dropping further Country Garden liquidation hearing adjourned to next month BEIJINGHONG KONG, May 17 Reuters China announced historic steps on Friday to stabilise its crisishit property sector, with the central bank facilitating 1 trillion yuan 138 billion […]

SINGAPORE, May 17 Reuters Asian spot liquefied natural gas LNG prices rose this week to its highest levels since January, as hot weather across the region spurred more demand for the superchilled fuel, and as it tracked gains in European gas prices on the back of maintenance outages and lower wind output. The average LNG […]