Category Archives:
Schindler cuts 2022 revenue guidance on China market contraction
(Reuters) - Swiss elevator and escalator manufacturer Schindler on Friday cut its revenue guidance for the full year, citing China market contraction and COVID-related lockdowns. The company now expec...
Jul 21, 2022
Malaysia’s June CPI up 3.4% y/y, higher than forecast
KUALA LUMPUR (Reuters) - Malaysia's consumer price index (CPI) rose 3.4% from a year earlier in June, government data showed on Friday. The rise was more than the 3.1% growth forecast by economists in...
Jul 21, 2022
Thai central bank pledges gradual monetary policy adjustments
BANGKOK (Reuters) - Thailand's central bank will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, Bank of Thailand Governor Sethaput...
Jul 21, 2022
Asian stocks set for best week in two months; dollar heavy
By Sam Byford TOKYO (Reuters) - Asian stock markets were on course for their best week in months and the dollar held off recent record highs after the European Central Bank (ECB) raised rates for the ...
Jul 21, 2022
Japan June factory output likely rose first time in 3 months as China lockdown lifted – Reuters poll
TOKYO (Reuters) - Japan's factory output likely rose in June for the first time in three months after China's COVID-19 curbs eased, a Reuters poll showed on Friday. Japanese industrial production like...
Jul 21, 2022
China to extend anti-dumping duties on steel product from Japan, South Korea, and EU
(Reuters) -China will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country's ministry of commerce said on Fri...
Jul 21, 2022
China’s launch of small-cap derivatives spawn new strategies, funds
By Jason Xue SHANGHAI (Reuters) - Futures and options based on China's small-cap CSI 1000 Index started trading in Shanghai on Friday, spawning fresh products and strategies from fund managers seeking...
Jul 21, 2022
China confident of resolving impact from Fed tightening – forex regulator
SHANGHAI (Reuters) - China is confident of resolving the impact of monetary policy tightening by the U.S. Federal Reserve and has the basis to do so, the foreign exchange regulator said on Friday. The...
Jul 21, 2022
Swiss specialty chemicals firm Sika posts higher first-half sales
(Reuters) - Sika AG reported an 18% increase in its first-half sales, the chemicals maker said on Friday, supported by its bigger production footprint and a post-pandemic recovery in the construction ...
Jul 21, 2022
China’s largest policy bank disbursed $27 billion loans for infrastructure stimulus
BEIJING (Reuters) - China's largest policy bank said on Friday that it had disbursed 181.5 billion yuan ($27 billion) in loans for urban development projects in the first half of the year, and pledged...
Jul 21, 2022
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