By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to…
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the…
Column-Housing storm leaves UK exposed, skews policy: Mike Dolan
By Mike Dolan LONDON (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now…
Toyota revamps Prius in bid to give hybrids back their halo
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday,…
Taiwan president decries ‘rumours’ about the island’s chip investment risk
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Taiwan President Tsai Ing-wen has decried what she called “rumours” about the…
In China’s property crisis, global asset managers see opportunity in rental housing
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into…
Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a…
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Solana, a poster coin of the crypto future, is in trouble.…
WTO warns of ‘real’ recession risk in some major economies
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that…