(This Jan. 18 story has been corrected to say 800 billion, not million euros, in the second paragraph) LONDON (Reuters)…
Swatch positive on recovery in luxury demand from China
By John Revill ZURICH (Reuters) – Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after…
China development loans to emerging economies hit 13-year low in 2021 – study
By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) -Loans committed by China’s two main trade policy banks fell to…
Thailand beats 2022 tourism target with 11.15 million foreign arrivals
BANGKOK (Reuters) – Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year…
Thai Dec exports fall 14.6% y/y, worse than forecast
BANGKOK (Reuters) – Thailand’s customs-based exports contracted for a third successive month in December, by a more than expected 14.6%…
Luxury giants bank on Chinese return as Western shoppers sober up
By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with hopes that its…
Markedmind: It’s all about the weather
A look at the day ahead in European and global markets from Wayne Cole. It’s been another quiet session in…
Suntory CEO expects next BOJ governor to show clear policy roadmap
TOKYO (Reuters) – The head of Suntory Holdings Ltd, Takeshi Niinami, said on Tuesday he expected the next governor of…
India may peg nominal GDP growth at about 11% in 2023/24 budget- sources
By Shubham Batra and Aftab Ahmed (Reuters) – India is likely to peg its nominal gross domestic product (GDP) growth…
Thailand car production rises 2.75% y/y in Dec, but sales drop
BANGKOK (Reuters) – Car production in Thailand rose 2.75% in December from a year earlier to 158,606 units, after a…
