Category Archives:
Wafer maker IQE flags potential demand hit in first half of 2023 fiscal
(Reuters) - IQE Plc said on Monday it expected destocking in the wider industry to weigh on demand from its existing customers in the first half of the current fiscal year, after the chip components s...
Jan 16, 2023
What is happening in Japan’s bond market?
By Junko Fujita TOKYO (Reuters) - Market forces have pushed Japanese government bond yields above policy targets. The moves are the biggest test in seven years of yield control in Japan, and dealers s...
Jan 16, 2023
China ride giant Didi says to resume new user registration
BEIJING (Reuters) - China's ride hailing giant Didi Global said in a statement on Monday that it would be allowed to resume new user registration, after a more than year-long ban that curbed its growt...
Jan 16, 2023
India’s December WPI inflation eases to 4.95% y/y – govt
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in December to 4.95% year-on-year, government data showed on Monday. The reading was lower than the Reuters forecast of...
Jan 16, 2023
Private equity persuades Italian luxury suppliers that bigger is better
By Elisa Anzolin and Valentina Za MILAN (Reuters) - Italian businesses discovered the limits of their 'small is beautiful' motto when competition became global. Nudged by private equity funds, those s...
Jan 16, 2023
Marketmind: Let it go
A look at the day ahead in European and global markets from Anshuman Daga The land of rising yields is the No. 1 focus of investors on Monday, as Japan's central bank may again let its bond-market peg...
Jan 16, 2023
Google-backed ShareChat cuts 20% of workforce
By Aditya Kalra BENGALURU (Reuters) - India's ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees at a time when startups ar...
Jan 15, 2023
Economists say BOJ’s Amamiya is top governor candidate, tightening this week unlikely
By Kantaro Komiya TOKYO (Reuters) - Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya, a close aide of incumbent chief Haruhiko Kuroda, is most likely to succeed him this spring, according to two-...
Jan 15, 2023
China’s December home prices decline further, more cities record falls
BEIJING (Reuters) - China's new home prices fell for the fifth straight month in December as COVID-19 outbreaks hurt demand, but the dismantling of strict pandemic curbs and hope for more support meas...
Jan 15, 2023
Household wealth optimism collapses, global survey shows
By Mark John (Reuters) - Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in inst...
Jan 15, 2023
Peoria, IL, USA
46 °F Overcast
