LG Display Q4 profit drops 30% on year, hit by lower TV panel prices
South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.
Analysis: Baptism by fire awaits today’s rate-hike rookies
Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid unprecedented sovereign debt levels and with asset prices inflated by years of stimulus and near-zero interest rates.
BOJ raises inflation forecasts but rules out policy tightening
The Bank of Japan raised its inflation forecasts on Tuesday but said it was in no rush to change its ultra-loose monetary policy, as rising prices fan speculation it may soon signal a shift in its decade-old stimulus experiment.
Japan finance minister vows stable JGB issuance via dialogue with markets
Japan will issue government bonds (JGBs) worth 215 trillion yen ($1.89 trillion) in the next fiscal year in a stable manner through dialogue with markets, its finance minister said on Monday, after stimulus to offset the impact of COVID-19 saw bonds worth 224 trillion yen issued this year.
Betting on hydrogen hype, Thyssenkrupp eyes $687 mln in IPO cash
Thyssenkrupp’s (TKAG.DE) electrolysis business is aiming for proceeds of up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year, betting on the $130 billion hydrogen sector it supplies
U.S. to be world’s biggest LNG exporter in 2022
The United States is set to become the world’s biggest liquefied natural gas (LNG) exporter in 2022, surpassing Qatar and Australia, and may hold that title for years to come.
Asian factories shake off supply headaches but Omicron presents new risks
Asian factory activity grew in November as crippling supply bottlenecks eased, but rising input costs and renewed weakness in China dampened the region’s prospects for an early, sustained recovery from pandemic paralysis.
UK sets out plans to boost global digital trade
Improving digital trade would provide huge opportunities for British businesses and help boost economic growth, the government’s Board of Trade said, setting out how it aims to become a world leader in modern services and online goods.
More investors turning sour on emerging markets – HSBC survey
More than one in four investors feel ‘bearish’ about emerging markets, an HSBC survey showed on Wednesday, as slowing economic growth and the spectre of tighter monetary policy in the United States clouds the outlook.
Analysis: Indonesia, India beckon as Fed tapers without tantrums
This November 5th story corrected business name to BNP Paribas Asset Management, not Wealth Management, in paragraph 9
