Oct 4, 2024 | Markets
Latest blow follows profit warnings, balance sheet concerns Short sellers are targeting sector, analysts turn more bearish A mild rally in the shares of automakers after the European Union voted to impose tariffs on electric vehicles from China does little to...
Oct 4, 2024 | Markets
Sugar prices saw the biggest gains on Brazil, India concerns Vegetable oils and grains also rose on worries about supplies Global food prices saw the largest jump in 2.5 years in September, with bad weather and geopolitical risks threatening to keep consumer costs...
Oct 3, 2024 | Markets
Investors should brace for the biggest stock rally in China in 16 years to turn to bust, with the economy on a much weaker footing than before the pandemic, said Nomura Holdings Inc. In the most gloomy scenario, “a stock market mania would be followed by a crash,...
Oct 3, 2024 | Markets
Local economists expect 50-point moves on Oct. 9 and Nov. 27 ‘Overly restrictive monetary policy has inflicted much pain’ New Zealand’s central bank will cut interest rates by half a percentage point at each of its two remaining policy meetings this year as risks...
Oct 3, 2024 | Markets
Weakness in China, wholesale division stalls sales growth Company to explore sale, other options for Dockers brand Levi Strauss & Co.’s shares slumped after challenges abroad and declines across its home market and Dockers brand drove a cut to its full-year...
Oct 2, 2024 | Markets
Hang Seng Index has its best day in almost two years Market participants cancel holidays as frenzy picks up pace Stock brokers in Hong Kong are having one of the busiest periods in their career, with a 31-year veteran describing the city’s sudden rally as a “once in a...
