Mar 18, 2024 | Markets
Move follows surge in capacity, competition across industry Analysts see potential rebound by late 2024 on consolidation China’s Longi Green Energy Technology Co., the world’s largest solar manufacturer, is cutting almost one-third of its staff to slash costs in an...
Mar 18, 2024 | Markets
Economy seen as stabilizing but consumer demand remains weak Production, investment strength may delay stimulus: economists China’s strong factory output and investment growth at the start of the year raised doubts over how soon policymakers will step up support still...
Mar 14, 2024 | Markets
Headline retail sales, industrial output growth seen slowing Faster growth will be needed for rest of 2024: ANZ’s Yeung China’s economic activity was likely mixed at the start of the year with property remaining a major drag, raising doubts about the nation’s ability...
Mar 14, 2024 | Markets
The stock has traded at overbought levels for about two months TSMC shares at largest-ever premium to consensus price target The rapid ascent in Taiwan Semiconductor Manufacturing Co. is making it harder to ignore risks for the world’s largest contract chipmaker, even...
Mar 14, 2024 | Markets
Total climbed to $6.108 trillion in the week to March 13: ICI Prime institutional funds saw second straight week of outflows Money-market fund assets rose to a fresh record high on expectations short-term rates will remain elevated for longer after traders reined in...
