China trainmakers CNR, CSR clinch $7.3 billion in deals
SHANGHAI (Reuters) – China CNR Corp Ltd and CSR Corp , China’s two top trainmakers, recently signed deals worth 45.41 billion yuan ($7.26 billion) with Chinese and foreign firms.
Japan exports grow most in year, signaling steady recovery from recession
TOKYO (Reuters) – Japan’s exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global…
India turns to corner shops, mobile phones for banking revolution
NEW DELHI/MUMBAI (Reuters) – India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches.
China train maker CNR says secures 30 deals worth $3.9 billion
SHANGHAI (Reuters) – China CNR Corp Ltd , one of the country’s top train makers, said on Sunday it had recently signed 24.3 billion yuan ($3.9 billion) of deals with both Chinese and foreign firms.
Euro, stocks fall as anti-austerity party wins Greek election
TOKYO (Reuters) – The euro skidded to near an 11-year low and U.S. stock futures fell on Monday as Greece’s Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with in…
India turns to corner shops, mobile phones for banking revolution
NEW DELHI/MUMBAI (Reuters) – India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches.
Hong Kong tycoon’s M&A spree promises bumper year for Asia banks
HONG KONG (Reuters) – Li Ka-shing’s hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month – good news for investment bankers close to the 86-year-old Hong Kong tycoon’s empire.
U.S. gas prices at April 2009 low, bottom in sight: Lundberg survey
NEW YORK (Reuters) – The average price of a gallon of gasoline in the United States fell 13.3 cents in the past two weeks, falling to its lowest level since late April 2009, but the end of a months-long slide may be near, according to the Lundberg surv…
Eyes on Fed after ECB, other bank stimulus moves
NEW YORK (Reuters) – The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank’s massive stimulus p…
All eyes on Fed, Greece after ECB fires bazooka
PARIS (Reuters) – After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn’t stray from its own policy path.
