SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for…
Euro zone factories are likely over the worst – PMI
LONDON (Reuters) – The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over,…
South African factory activity stable in January – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity remained in positive terrain in January, as a decline in employment and new…
German manufacturers’ outlook brightens but orders keep falling in Jan – PMI
BERLIN (Reuters) – German manufacturers started the year with a slightly brighter outlook on the year ahead despite the fact…
French Jan factory activity rebound not as strong as forecast -PMI
PARIS (Reuters) – France’s manufacturing activity rebound in January was not quite as strong as first forecast, a survey showed…
BBVA posts record 2022 profit on Mexico, sees positive trends in main market
By Jesús Aguado MADRID (Reuters) – BBVA on Wednesday posted a 38% jump in net profit to a record 6.42…
Ex-US VP Gore’s fund among ABB car charging business’ new investors
By John Revill ZURICH (Reuters) – ABB has sold more of its electric vehicle (EV) charging business to four investors…
Spanish factory output slides for 7th straight month in Jan -PMI
MADRID (Reuters) – Factory activity in Spain kept on shrinking in January even though inflationary pressures eased and business confidence…
Global investment banks project jump in yuan in 2023
SHANGHAI (Reuters) – Global investment banks have raised their forecasts for the Chinese yuan this year on expectations the country’s…
BOJ’s record bond buying highlights challenge for yield control
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan bought a record $182 billion worth of…