By Siddhi Nayak MUMBAI (Reuters) – Rising home prices and rentals in large Indian cities could pose a new challenge…
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
By Selena Li and Scott Murdoch SYDNEY (Reuters) -Nomura Holdings Inc has cut 18 Asian banking jobs, most of them…
Chinese EV maker Xpeng joins Tesla, Seres in price cuts
SHANGHAI/BEIJING (Reuters) -Chinese automaker Xpeng on Tuesday announced price cuts for some models in a notice on its official WeChat…
Hugo Boss FY preliminary results beat own guidance
(Reuters) – Hugo Boss on Tuesday reported a double-digit rise in preliminary full-year sales and earnings, slightly ahead of its…
UBS still hiring and in growth mode – CEO Ralph Hamers
ZURICH (Reuters) – UBS is hiring with the Swiss bank in “growth mode,” Chief Executive Ralph Hamers said at the…
Chocolate maker Lindt & Spruengli FY sales rise 8%, backs 2023 view
ZURICH (Reuters) – Lindt & Spruengli said on Tuesday that strong international sales helped organic sales grow by 8.4% last…
Asian bonds in 2022 saw first foreign outflows in six years
(Reuters) – Asia ex-China bonds recorded net foreign outflows for the first time in six years in 2022 as major…
German harmonized inflation eases to 9.6% y/y in December
BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year…
China aims to stabilise housing prices, strictly curb speculation
BEIJING (Reuters) -China’s housing regulator will work to keep housing supply and demand balanced, make home prices stable and strictly…
Indonesia close to EV deals with BYD Group and Tesla – minister
JAKARTA (Reuters) – Indonesia is finalising agreements with China’s automaker BYD Group and U.S. carmaker Tesla to invest in electric…