BEIJING (Reuters) – The table below shows China’s imports of major agriculture products in June, according to data released on Monday by the General Administration of Customs. The data did not provide a breakdown on the origins of the imports. Data on soybean imports in June was released earlier this month. Commodity June % change …
China’s grain, pork and sugar imports in June 2022 Read More »
SHANGHAI/BEIJING (Reuters) – Chinese regulators on Sunday urged banks to extend loans to qualified real estate projects and meet developers financing needs where reasonable, in their latest effort to ease concerns triggered by a widening mortgage-payment boycott on unfinished houses. The remarks by the China Banking and Insurance Regulatory Commission (CBIRC) came after a growing …
China urges banks to extend loans for real estate projects amid mortgage boycott Read More »
By Rozanna Latiff KUALA LUMPUR (Reuters) – The heirs of a 19th century sultanate are seeking to seize Malaysian government assets around the world in a bid to enforce a $14.9 billion arbitration award they won against the Southeast Asian nation, despite a stay on the case handed by a French court, their lawyers told …
Malaysian assets at risk globally as late Sultan’s heirs claim $15 billion award Read More »
SYDNEY (Reuters) -Australia and New Zealand Banking Group has offered to buy insurer Suncorp Group’s banking unit for around A$5 billion ($3.40 billion), in what could be Australia’s biggest banking deal in more than a decade, local media reported. ANZ and Suncorp were locked in late-stage talks on the weekend, with the deal for Suncorp …
Australia’s ANZ offers to buy Suncorp Bank for $3.4 billion-media Read More »
By Alun John (Reuters) -Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said on Sunday. Phillip Lowe was speaking in a panel discussion at the G20 finance officials meeting in Indonesia that was streamed online. At the …
Privately issued but regulated digital currencies have benefits -cbank chiefs Read More »
(Reuters) – South Korea will exempt taxes on income from investing in Korean treasury bonds to attract foreign investment, Finance Minister Choo Kyung-ho told reporters in Bali, according to a statement from the ministry. Choo, who is in the Indonesian island for the G20 meetings, did not elaborate. Details are expected to be included when …
Income from S.Korean treasury bonds to be exempt from taxes, says minister Read More »
BEIJING (Reuters) – China’s monetary policy has ample room and sufficient tools, including further cutting banks’ reserve requirements, to cope with new challenges amid a shaky economic recovery, a commentary in the state-owned Securities Times said on Sunday. China’s economy grew just 0.4% in the second quarter from the same period last year, down sharply …
China’s monetary policy has ample room to meet challenges – state media Read More »
NUSA DUA, Indonesia (Reuters) – Indonesia central bank governor Perry Warjiyo said on Sunday when the country’s inflation starts picking up fundamentally, Bank Indonesia will not hesitate to respond with an interest rate hike. A well-communicated and well-planned timeline will be important for the central bank to make adjustments to its interest rate policy, Warjiyo …
Indonesia central bank will not hesitate to hike rate when inflation picks up-gov Read More »
By David Shepardson LONDON (Reuters) – U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market. Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, …
Boeing cuts 20-year industrywide outlook for planes Read More »
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan is likely to get $4 billion from friendly countries this month to bridge a gap in foreign reserves highlighted by the International Monetary Fund, the country’s finance minister said, two days after sealing a deal with the lender. The IMF has reached a staff level agreement with Pakistan …
