Households are being urged to protect themselves from a surge in energy costs ahead of winter as a fire at a crucial power installation adds…
We’ll deal with it as we move forward: Grant Robertson gives little on how rules might evolve
ANALYSIS: If Grant Robertson has a master plan for how the economy will function when New Zealand starts living with Covid, he is not sharing…
Monte dei Paschi prepares to close 50 branches – letter to unions
FILE PHOTO: View of the logo of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as…
Dollar trades near one-week lows after soft U.S. inflation
LONDON (Reuters) – The dollar traded near a one-week low against peers on Wednesday after softer-than-expected U.S. inflation figures tempered immediate expectations about Federal Reserve…
The micro-economy spinning around Messi's Paris adventure
PARIS (Reuters) – For Paris photographer Olivier Sanchez, there is only one story in town: the new life of Lionel Messi.FILE PHOTO: Soccer Football –…
China tells banks Evergrande won't pay interest on loans next week
BEIJING (BLOOMBERG) – The Chinese authorities have told major lenders to China Evergrande Group not to expect interest payments due next week on bank loans,…
Fitch warns an Evergrande default may have broad China economic effects
HONG KONG (Reuters) -Rating agency Fitch said that numerous sectors could be exposed to heightened credit risk if China’s No.2 property developer Evergrande Group were…
Watten Estate Condominium up for collective sale with $500 million minimum price
SINGAPORE (THE BUSINESS TIMES) – Watten Estate Condominium in Shelford Road has been put up for collective sale via tender with a minimum price of $500…
China's new home prices grow at slowest pace in eight months in August
BEIJING (REUTERS) – China’s new home prices grew at their slowest pace in eight months last month, official data showed on Wednesday (Sept 15), as…
Dollar drifts as soft inflation raises taper timing questions
TOKYO (Reuters) – The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected U.S. inflation raised doubts about a taper of Federal…