forecast

Japan’s retail sales rise for 3rd month, but overall trend still soft

Japanese retail sales beat expectations in May as households loosened their purse strings, but underlying trends in consumption remain hostage…

4 years ago

Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in…

4 years ago

Dollar rally sputters as Fed sends mixed signals on inflation

The U.S. dollar vacillated below an 11-week high versus major peers on Thursday as traders attempted to navigate conflicting signals…

4 years ago

Analysis: Fed’s “big tent” framework may fray under inflation surge

The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best…

4 years ago

Danish ‘meme stock’ Orphazyme plunges after drug setback

Orphazyme (ORPHA.CO) slashed its financial forecasts on Friday after U.S. health regulators rejected its key drug candidate, sending shares in…

4 years ago

Bonds stung, dollar cheered by sudden hawkish turn at Fed

Asian equities fell to a three-week low on Thursday after the U.S. Federal Reserve stunned investors by signalling it might…

4 years ago

SNB hikes Swiss inflation view but policy to stay ultra-loose

The Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation…

4 years ago

NZ economy surges as housing, retail drive post-COVID recovery

New Zealand's economic growth swept past forecasts in the first quarter on the back of a housing boom and strong…

4 years ago

Japan to avoid recession, but Q2 growth forecasts cut sharply

Japan’s economy likely grew and avoided slipping into recession this quarter but an extension of emergency measures to stem a…

4 years ago

BlackRock becomes first to operate wholly owned China mutual fund biz

BlackRock Inc (BLK.N) has become the first global asset manager licensed to start a wholly owned onshore mutual fund business…

4 years ago