SEOUL (Reuters) – Most Bank of Korea board members at a Jan. 13 meeting turned cautious about interest rates rises,…
Europe’s luxury stocks have room to rise, but becoming costly
By Lucy Raitano LONDON (Reuters) – Europe’s glittering luxury companies, the region’s top stock-market performers in 2023, may see yet…
Black Friday, holiday sales spur demand at South Africa’s Shoprite
JOHANNESBURG (Reuters) -South Africa’s biggest supermarket group Shoprite reported a 16.8% jump in half year sales on Tuesday, supported by…
France eked out 0.1% growth in Q4 as energy crisis eased
PARIS (Reuters) -France managed to eke out meagre growth in the final quarter of 2022 as falling energy imports and…
Bond investors brace for recession as Fed expected to slow pace of tightening
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Recession worries are sending investors into Treasuries and other fixed income investments ahead…
Samsung to keep up chip investment, undeterred by 8-year-low profit
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd on Tuesday indicated it has…
China’s EV giant BYD in talks to acquire insurer Yi’an
SHANGHAI (Reuters) – Chinese electric vehicle (EV) giant BYD said on Tuesday it is working on a potential acquisition of…
Goldilocks is back! Markets start 2023 in red-hot form
By Naomi Rovnick, Marc Jones and Yoruk Bahceli LONDON (Reuters) – From stocks to government bonds, markets have had one…
Australia and China trade ministers to hold virtual meeting next week
SYDNEY (Reuters) -The trade ministers of Australia and China will hold a virtual meeting next week, Australia’s trade minister, Don…
Factbox-Chinese chipmakers caught in U.S.-China tech spat
By Josh Horwitz SHANGHAI (Reuters) – China’s semiconductor industry has become a key target of the United States, which has…