World Economic Magazine

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street's overnight declines, while New Zealand's central bank defied…

5 years ago

China’s Geely warns of chip shortage, but keeps annual vehicle sales target

China's Geely Automobile Holdings Ltd (0175.HK) retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term…

5 years ago

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic…

5 years ago

MOVES Citigroup poaches Shah from Credit Suisse to boost tech M&A

Citigroup (C.N) has hired veteran tech banker Dhiren Shah from Credit Suisse Group AG (CSGN.S), as it doubles down on investing in its…

5 years ago

Delta delays great exit as RBNZ holds fire on hikes

The Delta variant has delayed an expected rate hike in New Zealand, leaving Norway likely the first G10 economy to…

5 years ago

Factbox: From e-commerce to education, China’s season of regulatory crackdown

China's months-long regulatory crackdown on an array of private companies has unsettled tech upstarts as well as decades-old firms, ushering…

5 years ago

Japan’s exports extend gains, machinery orders fall amid fragile recovery

Japan's exports marked a fifth straight month of double-digit growth in July, driven by U.S.-bound shipments of automobiles in a…

5 years ago

GM workers’ historic vote in Mexico tests new trade deal

General Motors (GM.N) employee Mari says that for the past decade, she has felt powerless to demand higher pay at the plant…

5 years ago

Stocks and oil slide as Delta’s spread muddies economic picture

WASHINGTON, Aug 17 (Reuters) - Major stock indexes slid and oil posted its fourth straight day of declines as investors…

5 years ago

UK aims to start trade talks with India this year

The United Kingdom said on Tuesday it aims to start negotiations for a trade agreement with India by the end…

5 years ago