China forms cross-agency team to crack down on securities misbehaviour
SHANGHAI (Reuters) - China has set up a cross-agency team, led by the country's securities watchdog, to coordinate crackdown efforts against illegal activities in capital markets.
EU extends tariffs on U.S. biodiesel for five years
BRUSSELS (Reuters) - The European Union will retain its tariffs on U.S. biodiesel for a further five years after concluding that removing them would likely lead to a surge of imports at artificially
India’s over 11 million govt employees get $1.3 billion inflation relief ahead of festivals
NEW DELHI (Reuters) - India's over 11 million federal government employees and pensioners will receive an annual wage increase worth $1.3 billion as relief for a rise in prices before the festival
German economy likely shrunk in Q4: Bundesbank
FRANKFURT (Reuters) - Germany's economy likely shrank in the fourth quarter as manufacturing remained constrained by supply bottlenecks and consumption dropped on renewed coronavirus fears, the
Poll: Majority Of Democrats Say Runaway Inflation Is Biden’s Fault
More than half of U.S. Democrats believe that President Joe Biden’s policies caused the nation’s record-high inflation.
Japan parliament approves record extra budget to secure post-pandemic growth
TOKYO (Reuters) - Japan's parliament on Monday approved the first extra budget of the 2021 fiscal year, with a record spending of $317 billion, to help the economy withstand the fallout of COVID-19,
Euro zone’s current account surplus rose last year
FRANKFURT (Reuters) - The euro zone's current account surplus rose to 310 billion euros ($352.47 billion) last year, or 2.6% of the bloc's economic output, European Central Bank data showed on Friday.
BOJ set to hold fire as inflation struggles for lift-off
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy settings steady on Thursday and project inflation to stay below its 2% target for at least two more years,
Britain and Italy start work on partnership to boost trade
LONDON (Reuters) - Britain and Italy have agreed to pursue a new trade partnership, the British trade department said on Wednesday following talks on the sidelines of a G20 ministerial meeting in
China’s finance minister says greater tax, fee cuts coming this year
BEIJING (Reuters) - Chinese Finance Minister Liu Kun said on Tuesday that China will implement bigger cuts in taxes and fees this year while strengthening coordination between fiscal and monetary