Oct 8, 2024 | Markets
Second half of year is weaker than expected, he says in Berlin ECB official worries about more protectionism if Trump wins The German economy is likely to experience another year of contraction with the US election posing an additional risk to Europe’s growth,...
Oct 8, 2024 | Markets
Organic revenue seen rising by a low single-digit percentage Company seeks to manage costs amid subdued growth, CEO says PepsiCo Inc. reduced its revenue outlook, citing slower-than-expected growth and international unrest, but said cost cutting and greater efficiency...
Oct 8, 2024 | Markets
Former leader has track record of showing support for Taiwan Latest remark is unlikely to signal a change of Japan policy Former Japanese Prime Minister Taro Aso described Taiwan as an important “country” for Japan, breaking with Tokyo’s stance of avoiding describing...
Oct 8, 2024 | Markets
Turnover in mainland and Hong Kong bourses jumped to a record Benchmark gauges in Hong Kong slumped by the most since 2008 Stock traders had braced themselves for an unusually busy session when China’s mainland markets reopened on Tuesday after the Golden Week...
Oct 7, 2024 | Markets
Deeper slowdown seen ahead for China despite stimulus boost World Bank says shifting trade, investment also key for region The World Bank expects China’s growth to weaken further in 2025 even with a temporary boost from recent stimulus measures, putting extra strain...