SHANGHAI/SINGAPORE (Reuters) - China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the central bank surprised markets by holding a key policy rate unchanged. The loan prime rate (LPR)...
Category
Economy
Higher penalties coming for export control violations -US Commerce official
By Karen Freifeld (Reuters) -The U.S. government will crack down on companies that violate export rules, with stiffer penalties to deter future violations involving countries like China, Russia and Iran, a Department of Commerce official said late on Tuesday. "There...
Analysis-Global banks see no recession, US companies are more circumspect
By Vidya Ranganathan and Gaurav Dogra SINGAPORE (Reuters) - Heading into 2024, analysts say the U.S. recession they'd been forecasting for two years isn't coming anymore. Everyone else, from companies to investors, is still bracing for a slowdown caused by tepid...