BEIJING (Reuters) -China’s factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through production lines acro[...]
Read more
January 1, 2023
Global economy faces tougher year in 2023, IMF’s Georgieva warns
By Dan Burns (Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakeni[...]
Read more
Toyota’s Indian unit warns of a possible customer data breach
(Reuters) -A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal information, it said on Sunday. Toyota India said it has notified the relevant Indian[...]
Read more
Market misery deals sovereign wealth funds historic setback in 2022 -study
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the combined value of the world’s sovereign wealth and public pension funds for the first[...]
Read more
Meta set to make decision on Trump’s return to Facebook – FT
(Reuters) – Facebook owner Meta Inc is preparing to announce whether it will allow former U.S. President Donald Trump back on to Facebook and Instagram, the Financial Times reported on Sunday. T[...]
Read more
China’s BYD raises car prices after subsidy cuts
SHANGHAI (Reuters) – Leading Chinese electric car manufacturer BYD Co has adjusted its product prices starting from Jan. 1, citing the impact of reduced subsidies for new energy vehicles since N[...]
Read more
China home prices fall at faster pace in December – private survey
BEIJING(Reuters) – China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising COVID-19 cases despite a[...]
Read more