Exclusive: China ready to cut rates again on fears of deflation – sources
BEIJING (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources inv…
Asia stocks jump as China, Europe step up stimulus
SYDNEY (Reuters) – Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.
Asia cheered by China, European stimulus
SYDNEY (Reuters) – Asian share markets followed the dollar higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.
Property, manufacturing woes help trim China’s shadow banking
SHANGHAI/BEIJING (Reuters) – A bid by China to rein in its “shadow banking” activity is producing results, thanks to slowing economic growth and tighter regulation.
Lufthansa says it has gained market share in Germany
FRANKFURT (Reuters) – Germany’s largest airline Deutsche Lufthansa has won a bigger slice of its domestic market in recent months, its chief executive told newspaper Sueddeutsche Zeitung.
Italian bank Intesa eyes UK’s Coutts International: FT
(Reuters) – Italy’s retail bank Intesa SanPaolo is looking at a possible bid for Coutts International, the wealth management arm of Royal Bank of Scotland , the Financial Times reported.
Intel could rise 30 percent over next two years: Barron’s
(Reuters) – Shares in microprocessor maker Intel Corp could rise more than 30 percent to $48 over the next two years, Barron’s reported in its Nov. 24 edition.
Aviva, Friends Life 5.6 billion pound merger plan makes sense: investors
LONDON (Reuters) – Aviva’s potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain’s insurance industry, fund managers said.
Telecom firms call for change to BT’s business broadband ‘monopoly’
LONDON (Reuters) – Britain’s biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT has an effective monopoly.
Countdown to missed opportunity for EU economy
PARIS (Reuters) – The countdown has begun to what threatens to be a missed opportunity to revive Europe’s stalled economy.
