Latest News of S
China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports
(Reuters) - Chinese regulators have asked the country's banks to lower the rates they pay to deposits from other financial institutions to free up funds to boost the economy, Bloomberg News report...
Germany still capable of functioning, economy minister says
BERLIN (Reuters) - German Economy Minister Robert Habeck said on Thursday that Chancellor Olaf Scholz was right to fire the finance minister, spelling an end to the coalition government, and insis...
Daimler Truck's Q3 core profit slightly beats view; European weakness persists
By Louis van Boxel-Woolf(Reuters) -Germany's Daimler Truck reported marginally better-than-expected third-quarter core profit on Thursday, driven by its performance in North America, even as weakness ...
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Trump's rollercoaster relationship with North Korean leader Kim
By Reuters | 3 hours ago(Reuters) - Donald Trump and North Korean leader Kim Jong Un traded insults and threats during his first presidency over Pyongyang's weapons programs, although they met three times and Trump once ...
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Uncertainty prevails as top exporter Vietnam braces for volatility with Trump
By Reuters | 3 hours agoBy Francesco Guarascio and Phuong NguyenHANOI (Reuters) - Vietnam faces trade volatility with a new Trump presidency, officials and supply chain experts told Reuters, as the country could benefit ...
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Delivery Hero reports GMV growth and updates annual forecast
By Reuters | 3 hours ago(Reuters) - Germany's Delivery Hero revised upward its annual forecast on Thursday after gross merchandise value (GMV), a common metric for delivery firms measuring the total value of all goods so...
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Analysis-Years after historic summits, Trump faces an emboldened North Korea
By Reuters | 3 hours agoBy Josh SmithSEOUL (Reuters) - Donald Trump has long touted his relationship with Kim Jong Un, but if the U.S. president-elect seeks another summit he will find a North Korean leader emboldened by...
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Thailand would benefit from any U.S-China trade war, says minister
By Reuters | 4 hours agoBANGKOK (Reuters) - Thailand's economy stands to gain from any U.S.-China trade war, Thai Commerce Minister Pichai Naripthaphan said on Thursday, adding the Southeast Asian country had good relati...
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Australia clears Chemist Warehouse-Sigma Healthcare $5.8 billion deal
By Reuters | 4 hours agoBy Sameer Manekar and Rishav Chatterjee(Reuters) - The Australian competition regulator, on Thursday, cleared privately owned pharmacy chain Chemist Warehouse's reverse takeover of Sigma Healthcar...
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Morning Bid: German political drama adds to Trump risks for Europe
By Reuters | 4 hours agoBy Kevin BucklandA look at the day ahead in European and global markets from Kevin BucklandThe state of German politics should become clearer on Thursday after Friedrich Merz, leader of the opposition...
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Japan PM Ishiba seeks meeting with Trump this month, following Abe example
By Reuters | 4 hours agoBy Yoshifumi Takemoto, Yukiko Toyoda and Tim KellyTOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba hopes to meet U.S. President-elect Donald Trump in the United States this month, four sources ...
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What Trump's 2024 election win means for Asian companies
By Reuters | 4 hours ago(Reuters) -Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.Here is what companies in Asia have invested in the United S...
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Singapore bank DBS sees upside to 2025 profit with Trump return
By Reuters | 4 hours agoBy Yantoultra NguiSINGAPORE (Reuters) -Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest...
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China's central bank head pledges to implement supportive policy
By Reuters | 4 hours agoBEIJING (Reuters) - China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People's Bank of China, said in remark...
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China's exports soar past forecast as factories front-run Trump tariff threat
By Reuters | 5 hours agoBy Joe CashBEIJING (Reuters) -China's outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs ...