By Muyu Xu and Melanie Burton SINGAPORE/MELBOURNE (Reuters) – Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday and high domestic inventories, meaning f[...]
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January 11, 2023
Low use of shortened work hours points to mild German recession – Ifo
BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very mild” recession in Germany this winter, the Ifo economic ins[...]
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LVMH could pick Pietro Beccari as new Louis Vuitton CEO – paper
ROME/PARIS (Reuters) – The world’s largest luxury group LVMH could pick Pietro Beccari as new CEO of Louis Vuitton, the flagship brand of the French group, according to a media report on W[...]
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Quotes: Uniqlo owner gives Japan Inc a jolt with 40% wage hike
(Reuters) – Uniqlo parent Fast Retailing Co Ltd said on Wednesday it would raise wages by as much as 40%, in the clearest sign yet that Japan’s rock-bottom salaries may be starting to budg[...]
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S.Korea’s Hanwha Q Cells to invest $2.5 billion total in U.S. solar manufacturing
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s Hanwha Solutions Corp said on Wednesday its unit Hanwha Q Cells will invest a total of $2.5 billion to build a solar power ma[...]
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BlackRock’s iShares flows top Vanguard’s ETFs, fixed income on the up
By Davide Barbuscia NEW YORK (Reuters) – BlackRock’s iShares exchange traded funds (ETFs) gained more net flows than Vanguard’s ETFs last year, according to estimates from industry t[...]
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Australia retail sales jump in November, inflation resumes climb
By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand for clothes, electronics and furniture, a sign consumption was provin[...]
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Marketmind: Risk on, risk off
A look at the day ahead in European and global markets from Anshuman Daga Asian equity markets are flirting with six-month highs, powered by risk-on sentiment and hopes of a rebound in Chinese growth[...]
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Chemicals firm Sika’s annual sales exceed target on expansion and acquisitions
(Reuters) – Swiss chemicals maker Sika AG reported a 13.4% increase in full-year sales, as new factory openings and acquisitions helped the company surpass its target of hitting annual sales of[...]
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