Wealth Growth Daily

Asia

Cathay Pacific in talks on orders for medium-haul jets, freighters

BY Reuters  • November 25, 2022November 25, 2022
(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd is in talks with aircraft manufacturers about orders for medium-haul aircraft and dedicated freighters, a senior executive said on Friday.[...]
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Asia Business Europe Updated US

New Zealand consumer confidence slips in November – ANZ-Roy Morgan

BY Reuters  • November 24, 2022November 24, 2022
(Reuters) – Consumer confidence in New Zealand fell in November compared with the prior month amid soaring inflation, rising rates and falling house prices, ANZ-Roy Morgan data showed on Friday.[...]
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Asia Business Economy

Marketmind: PMI, PMI baby

BY Reuters  • November 24, 2022November 24, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are looking to round off the week on a positive note on Friday, with regional stocks on[...]
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Asia Business Economy US

NZ’s Fonterra plans to implement new capital structure by late March

BY Reuters  • November 24, 2022November 24, 2022
(Reuters) – New Zealand dairy giant Fonterra Co-operative Group Ltd said on Friday it would implement its new capital structure, intended to make it easier for new farmers to join the co-operati[...]
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Asia Australia Business

Stellantis looks to India for affordable EVs for Europe

BY Reuters  • November 24, 2022November 24, 2022
By Aditi Shah NEW DELHI (Reuters) -Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets[...]
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Asia Business Europe Top News Updated

Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe

BY Reuters  • November 24, 2022November 24, 2022
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Th[...]
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Africa Asia Business Economy Europe Middle East Politics

Dollar extends losses as Fed minutes signal slower rate hikes

BY Reuters  • November 24, 2022November 24, 2022
By Samuel Indyk LONDON (Reuters) – The U.S. dollar extended losses on Thursday after the minutes from the Federal Reserve’s November meeting supported the view that the central bank would[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Dollar nears 3-mth low, shares climb after Fed tests the brakes

BY Reuters  • November 24, 2022November 24, 2022
By Marc Jones LONDON (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next[...]
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Asia Australia Business Economy Europe Updated US

Foxconn apologises for pay-related error at China iPhone plant after worker unrest

BY Reuters  • November 24, 2022November 24, 2022
By Yimou Lee and Brenda Goh TAIPEI/SHANGHAI (Reuters) – Foxconn said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in Ch[...]
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Asia Business Economy Politics Technology Updated US
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