Sep 3, 2024 | Markets
Analyst ‘broadly comfortable’ with sovereign rating outlook Interest-rate cuts expected to restore GDP per capita growth S&P Global Ratings is “broadly comfortable” with New Zealand’s sovereign rating outlook, though it’s closely watching the nation’s large...
Sep 3, 2024 | Markets
Goldman economists lay out potential post-election effects Tariff policy, immigration measures seen as key elements Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections,...
Sep 3, 2024 | Markets
ISM August factory index at 47.2 after 46.8 a month earlier Orders gauge shows steepest contraction since May 2023 US manufacturing activity shrank in August for a fifth month, reflecting faster rates of declines in orders and production. The Institute for Supply...
Sep 3, 2024 | Markets
Dewu’s growing popularity is weighing on luxury sales, shares Hot luxury items sold at discounts up to 66% on Dewu China’s gray market — where brand new, authentic products are sold at steep discounts — is increasingly dwarfing some global luxury giants’ official...
Sep 3, 2024 | Markets
Chery Automobile Co.’s Omoda outsold Tesla, Jeep and Fiat in Spain last month, a promising sign for the Chinese automaker’s ambitious push into Europe. Omoda sold 744 new cars in August, a 8,167% increase over the nine cars registered in August of last year, according...
