SHANGHAI (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with sales li[...]
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January 10, 2023
Asian companies see earnings upgrades by analysts over the past month
(Reuters) – Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings downgrades in the last year, as China’s reopening and slo[...]
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Hungary exempts sale of local Vodafone unit from competition scrutiny
BUDAPEST (Reuters) -Hungary’s government has declared local IT firm 4iG’s purchase of a 51% stake in Vodafone’s Hungarian unit a transaction of national strategic interest, exempting[...]
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Spain’s ride-hailing Cabify plans IPO within 12-15 months -El Confidencial
MADRID (Reuters) – Spanish ride-hailing app Cabify plans to list its shares on the stock market within 12 to 15 months, local news website El Confidencial reported on Tuesday citing unidentified[...]
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Philippines central bank flags 25 or 50 bps rate hike next month
By Neil Jerome Morales MANILA (Reuters) – The Philippine central bank chief on Tuesday confirmed interest rates would likely need to rise a further 25 or 50 basis points at next month’s po[...]
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Investors see Brazil’s polarization, fiscal plans as key risks after protests
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) – The hordes of supporters of Brazil’s former president Jair Bolsonaro that invaded top government buildings in the cap[...]
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Parts shortages impact Kenya Airways, cause flight disruptions
NAIROBI (Reuters) -Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance, the carrier said late on Monday. The airline, which is one o[...]
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Marketmind: Paging Mr. Powell
A look at the day ahead in European and global markets from Anshuman Daga: The strong start to equity markets this year has got bulls excited but markets know it’s better to be well behaved befo[...]
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New Zealand breweries see CO2 rationing as shortage hits
By Lucy Craymer (Reuters) – New Zealand supplies of carbon dioxide (CO2), used to fizz drinks and in packaging and hospitals, are having to be rationed because of shortages following the closure[...]
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