PARIS, Reuters The Organisation for Economic Cooperation and Development OECD still sees total commitment from countries seeking to wrap up a global tax pact on highly profitable multinationals, its head of tax said, after months of delays and hesitation by some big countries. Officials from nearly 130 countries and jurisdictions missed a midyear deadline to finalise the terms […]

Investors cheered first rate cuts in over four years, boosting SP 500 to new records High stock valuations may limit further gains despite lower rates Future stock market drivers include earnings and economic growth NEW YORK, Sept 20 Reuters As the Federal Reserve kicks off a longawaited rate cutting cycle, some investors are wary that […]

Data only include firms above a 39;designated size39; NBS Electricity output growing faster than monthly NBS data shows Ember Better data key for tracking progress on carbon reduction analyst SINGAPOREBEIJING, Sept 20 Reuters Surging smallscale renewables generation is helping China address growing power demand and slashing the role of coal in the country39;s power mix, […]

LONDON, Sept 20 Reuters British retail sales rose by a strongerthanexpected 1 in August and growth in July was revised up, official figures showed on Friday. Economists polled by Reuters had forecast a monthly rise of 0.4 in sales volumes last month. The Office for National Statistics said sales volumes in July rose by a […]

BENGALURUMUMBAI, Sept 20 Reuters Shares of India39;s IIFL Finance surged 13 on Friday, after the country39;s central bank revoked an earlier ban on the nonbank lender39;s gold loan business. Shares rose as much as 13 to 560.60 rupees, their highest since late February, before paring some gains to trade 8.5 higher, as of 1134 am IST. […]

BOJ keeps shortterm rate steady at 0.25 as expected BOJ upgrades view on consumption Gov Ueda says domestic economy on track, warns of U.S. risk Remarks weaken yen, heighten uncertainty on rate hike timing TOKYO, Sept 20 Reuters The Bank of Japan kept interest rates steady on Friday and its governor said it could afford […]