China's new central bank governor faces daunting tasks
Pan Gongsheng's appointment comes after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said highlighted Beijing's urgency to bolster the country's slowing economy and stem the yuan's slide.
2023-07-26 14:58
Rio Tinto’s Profits and Dividend Slide as China Slowdown Bites
Rio Tinto Group reported a drop in first-half profit and cut its dividend again as China’s economic slowdown
2023-07-26 14:57
China Pushes Power Exchanges to Prepare for National Market
China is pushing its regional power systems to quickly bridge regulatory differences in order to meet a 2025
2023-07-26 14:56
Rio Tinto posts lowest H1 profit in 3 years on weak iron ore prices, cuts dividend
(Reuters) -Rio Tinto slashed its interim dividend on Wednesday as the miner reported its lowest first-half underlying earnings in three
2023-07-26 14:53
Thailand trims GDP growth outlook as exports soften
BANGKOK (Reuters) -Thailand's finance ministry has lowered the country's 2023 economic growth outlook to 3.5% from 3.6% projected earlier, as
2023-07-26 14:51
Taiwan's economy seen returning to growth in Q2: Reuters poll
TAIPEI Taiwan's export-dependent economy likely returned to growth in the second quarter thanks to resilient domestic consumption although
2023-07-26 14:30
Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
2023-07-26 14:29
Aston Martin posts smaller quarterly loss, keeps 2023 forecast
British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss
2023-07-26 14:28
Porsche's iconic 911 to be sole survivor of automaker's combustion models
By Nick Carey LONDON Porsche has a plan to gradually electrify its car lineup so that electric vehicles
2023-07-26 14:23
Stellantis operating profit rises 11% in H1 topping forecasts
MILAN Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year,
2023-07-26 14:19
Puma reports higher Q2 sales
German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations,
2023-07-26 14:17
Expat Pay Packages Jump in Singapore, Drop in Hong Kong
The cost of expat pay packages in Singapore climbed 4% last year, while those for foreign workers in
2023-07-26 13:58