China central bank offers emergency funds to banks amid latest cash squeeze
BEIJING/SHANGHAI (Reuters) – China’s central bank has provided emergency funding support to commercial banks and will add more cash on Tuesday, as authorities respond to a spike in cash rates ahead of a major holiday, the bank announced on Monday.
Russia to support domestic car industry with subsidies
MOSCOW (Reuters) – Russia plans to support its struggling auto industry with subsidies of up to 271 billion roubles ($8 billion) in the three years to 2016, the government said.
GECAS may order 40 Boeing 737s worth $4 billion: sources
DUBLIN (Reuters) – GECAS, the world’s largest aircraft leasing company, is close to placing an order for around 40 Boeing medium-haul jets, industry sources said on Monday.
Deutsche Bank sees legal, regulatory ‘headwind’ in coming quarters: CFO
FRANKFURT (Reuters) – Deutsche Bank expects to see further legal and regulatory “headwind” in the coming quarters, its Chief Financial Officer Stefan Krause said in a conference call on Monday.
Toyota may rethink Thai investment plans if crisis lingers
BANGKOK (Reuters) – Toyota Motor Corp may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production, if political unrest drags on, the head of the Japanese automaker’s local unit said on Monday.
China sets final duties on U.S. solar materials
BEIJING (Reuters) – China hit the United States with final anti-dumping and anti-subsidy duties on imports of solar-grade polysilicon on Monday, the latest move in what has been a contentious trade battle in the solar industry.
Insight: Shorts set to pounce as stocks seen pricey, Fed pulls back
NEW YORK (Reuters) – After years of hiding under their desks, short sellers are re-emerging – slowly.
Shell sells stakes in Australian gas project for $1.14 billion
LONDON (Reuters) – Oil major Royal Dutch Shell said on Monday it had agreed to sell stakes in a gas project in Western Australia for $1.14 billion as part of a drive to improve return on investment.
China’s 2013 economic growth dodges 14-year low but further slowing seen
BEIJING (Reuters) – China’s economy narrowly missed expectations for growth to hit 14-year lows in 2013, though some economists say a cooldown will be inevitable this year as officials and investors hunker down for difficult reforms.
Citi offers automated RMB cross-border pooling in Shanghai free trade zone
HONG KONG (Reuters) – Citi said on Monday it had launched an automated RMB cross-border pooling solution for its clients in the China (Shanghai) Free Trade Zone, a move that could help multinational companies optimize their cash management and enhance …
