Category Archives:
Hong Kong Q3 GDP expands 4.1% y/y, growth forecast revised lower
HONG KONG (Reuters) - Hong Kong's economy expanded 4.1% in the third quarter from a year earlier, the government said on Friday, adding that inbound tourism and private consumption would underpin grow...
Nov 10, 2023
Price wars during Chinese shopping fest expose consumer woes
By Sophie Yu and Casey Hall BEIJING (Reuters) - A ferocious price war among China's e-commerce retailers during the "Singles Day" shopping event is exposing further weakness in household consumption a...
Nov 10, 2023
European shares decline as Powell stamps out rate peak hopes
(Reuters) - European shares fell on Friday, hurt by higher bond yields, with comments from U.S. Federal Reserve chief Jerome Powell pouring cold water on investor optimism over a peak in interest rate...
Nov 10, 2023
Take Five: That rate cut trade
LONDON (Reuters) - Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war. China continues to battle its property demons wh...
Nov 10, 2023
Diageo warns on first-half profit on muted LatAm, Caribbean performance
(Reuters) - Johnnie Walker whisky maker Diageo on Friday said it expected organic operating profit growth to decline in the first half of its current financial year due to "materially weaker" performa...
Nov 10, 2023
Invesco overweight on China, likes some Hong Kong REITs
By Anisha Sircar (Reuters) - Global asset manager Invesco is overweight on Chinese assets in its Asian funds and adding exposure to Hong Kong's beaten-down real estate sector where dividend yields are...
Nov 10, 2023
Factbox-Climate change put Tuvalu in the spotlight
By Lewis Jackson (Reuters) - Australia and Pacific Island state Tuvalu on Friday signed a security and climate change treaty designed to counter China's growing influence in the Pacific and address th...
Nov 10, 2023
Allianz retains full-year outlook despite 30% slump in Q3 profit
FRANKFURT (Reuters) - Germany's Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintaine...
Nov 10, 2023
Japanese investors slow investments in overseas bonds and equities in Oct
(Reuters) - Japanese investments in foreign bonds and equities slowed in October, influenced by higher U.S. bond yields and a depreciating yen, data from Japan's Ministry of Finance showed. According ...
Nov 10, 2023
US, China reach ‘understandings’ on climate ahead of COP28 talks -Kerry
By David Stanway SINGAPORE (Reuters) - The United States and China have reached "understandings and agreements" on climate issues that will help ensure progress is made at the COP28 talks starting lat...
Nov 10, 2023
Peoria, IL, USA
57 °F Clear
