By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s central bank raised its key policy rate by 25 basis points…
Chinese companies set for biggest earnings growth in 5 years in 2023-Refinitiv data
By Gaurav Dogra (Reuters) – Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data…
Twitter prices Blue for Android at $11 per month; launches annual web plan
(Reuters) -Twitter Inc said on Wednesday it would price Twitter Blue subscription for Android at $11 per month – the…
Davos 2023: ECB’s Villeroy says inflation battle not yet won, rate guidance stands
DAVOS, Switzerland (Reuters) – The European Central Bank has yet to win its fight against sky high inflation so its…
EBRD expects record 2022 loss due to Russia, Belarus holdings
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – The European Bank for Reconstruction and Development expects a…
Davos 2023: Thirty years on, author Neal Stephenson discusses his metaverse vision with Meta
DAVOS, Switzerland (Reuters) – The author who first envisioned the metaverse 30 years ago sat down on Wednesday with a…
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and…
Turnover in Germany’s restaurants, hotels rose markedly in 2022
BERLIN (Reuters) – Turnover in accommodation and food services in Germany rose strongly in 2022 compared with 2021 despite high…
Online retailer Boohoo sales drop 11% in Christmas period
LONDON (Reuters) -British online fashion retailer Boohoo said revenue fell 11% in its key Christmas trading period, hurt by delivery…
Malaysia central bank surprises by holding key rate at 2.75%
KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday unexpectedly kept its benchmark interest rate unchanged at 2.75%, saying it…