Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Thai investigation clears BYD over reductions, sources say

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s shopper watchdog has cleared Chinese language EV maker BYD (SZ:002594) of wrongdoing over its low cost practices which have prompted complaints from BYD homeowners and a subsequent probe by the…

World fairness funds draw ninth weekly influx in a row

(Reuters) – World buyers stepped up purchases in fairness funds within the week ended Nov. 27, inspired by prospects of sturdy U.S. development below the Trump administration and boosted by cooling treasury yields. Traders pumped a considerable $12.19 billion into…

India’s October infrastructure output grows 3.1% on yr

NEW DELHI (Reuters) -India’s infrastructure output grew 3.1% year-on-year in October, backed by coal and refinery merchandise output, authorities information confirmed on Friday. Infrastructure output, which makes up 40% of India’s industrial manufacturing and tracks exercise throughout eight sectors, grew…

Take 5: Not a lot calm, loads of storm in retailer

(Reuters) – Monetary markets head right into a December laden with uncertainty over geopolitics, world commerce and financial progress, notably in Europe, the place France is within the cross-hairs over its price range. U.S. President-elect Donald Trump’s pledge to impose…