China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:20
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:57
China's economy suffers new blow as exports drop 14% in July
China's exports suffered their biggest drop in more than three years in July as global demand slowed, adding further pressure on Beijing to find ways to reinvigorate the world's second largest economy.
2023-08-08 15:55
Bayer says guidance cut driven by Crop Science, Pharma
By Ludwig Burger FRANKFURT (Reuters) -Bayer said on Tuesday that last month's cut to its full-year earnings target was mainly
2023-08-08 15:53
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:47
Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:45
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due
2023-08-08 15:23
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
WeWork rival IWG's half-year profit surges on high demand, improved pricing
By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a "cautiously optimistic" outlook after posting a 48% surge in
2023-08-08 14:58
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:54
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:47