Coronavirus

Crown, forint expected to firm as interest rates rise

The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates…

4 years ago

German industrial orders bounce back, but supply bottlenecks weigh

German industrial orders rose more than twice as much as expected in June, driven by bookings from domestic clients for…

4 years ago

Merck KGaA raises outlook after forecast-beating Q2 profit

Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab…

4 years ago

Boeing 737 MAX departs for key test flight in China

A Boeing Co (BA.N) 737 Max jet departed for China on Wednesday to conduct a flight test as part of…

4 years ago

Siemens raises profit guidance again as industrial demand ramps up

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on…

4 years ago

Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery

Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts…

4 years ago

Singapore’s DBS bets on post-pandemic recovery, profit up on lower credit costs

Singapore's DBS Group Holdings (DBSM.SI) flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay…

4 years ago

Oil rises on Mideast tensions but virus concerns weigh

Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by…

4 years ago

Wall Street closes mixed, S&P 500 ends off record high

U.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a…

4 years ago

New York Auto Show canceled amid Delta variant worries

Organizers on Wednesday canceled the New York Auto Show that had been set for later this month amid rising COVID-19…

4 years ago