By Echo Wang (Reuters) -TikTok has put on hold a hiring process for consultants that would help it implement a…
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) – Declining world supply chain pressures are being challenged by new disruptions in…
Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city,…
Indian economic growth to slow to 7% in 2022/23, govt forecasts
By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) – India’s government expects economic growth to slow in the financial…
Hedge fund fees fall to lowest level since 2008 financial crisis -HFR
By Nell Mackenzie LONDON (Reuters) – Hedge fund fees have dropped to their lowest level since the global financial crisis…
Sony, Honda roll out prototype of ‘Afeela’ EV that uses Qualcomm tech
(This Jan. 4 story has been corrected to fix spelling of CEO’s first name in the fourth paragraph) By Kiyoshi…
Look who’s back
A look at the day ahead in U.S. and global markets from Alun John The dollar has come roaring back…
Japan’s output gap closes in positive sign for economy, BOJ
By Leika Kihara TOKYO (Reuters) – Japan’s economic output recovered to near its full capacity for the first time in…
Factbox-Details of Tesla price cuts in China, other Asian markets
(Reuters) – Tesla cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke…
Citigroup cuts U.S. stocks to ‘underweight’, favours European equities in 2023
(Reuters) – Citigroup analysts turned “underweight” on U.S. equities on recession fears but were bullish on European stocks, saying much…