HONG KONG (Reuters) – Almost 40 residential buildings of China Evergrande Group’s mega resort project on Hainan island seized by…
Chinese stockpickers down 21% for 2022 -HSBC data
(This Nov. 7 story has been refiled to fix benchmark in paragraph 8) By Nell Mackenzie and Summer Zhen (Reuters)…
Depressed stocks spur explosive growth in China onshore bond funds
By Summer Zhen HONG KONG (Reuters) – A turbulent stock market and easy monetary conditions have made bond funds in…
Renault, Google expand ties in automotive software
PARIS (Reuters) – Renault and Google said on Tuesday that they are expanding their partnership in software services for future…
Henkel raises 2022 forecasts thanks to flourishing adhesives business
BERLIN (Reuters) – Germany’s Henkel on Tuesday increased its full-year sales and profit guidance after reporting a 17% sales increase…
Munich Re firmly sticks to 2022 target after quarterly profit rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter,…
Japan foreign reserves fall for third month after intervention
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the…
Marketmind: Markets primed for gridlock
A look at the day ahead in European and global markets from Anshuman Daga Growing expectations of a split government…
China’s BYD to launch new premium electric car brand in 2023
SHANGHAI (Reuters) -Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in the…
Philippines’ unemployment hits new low since start of pandemic
MANILA (Reuters) – The Philippines’ unemployment rate in September fell to a new low since the COVID-19 pandemic began, highlighting…