Marketing
Asian shares weaken on global growth concerns, Japan outperforms

Breadcrumb Trail Links PMN Business Author of the article: Published May 12, 2023  •  3 minute read Article content SYDNEY — Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from U.S. and China fueled concerns of a global slowdown. The mood […]

Updated: May 12, 2023
China rate cut bets mount, treasury yields fall below key threshold

Breadcrumb Trail Links PMN Business Author of the article: Published May 11, 2023  •  2 minute read Article content (Adds more details, analyst quotes) SHANGHAI, May 11 (Reuters) – Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the […]

Updated: May 11, 2023
Rehabilitating sterling: Mike Dolan | Financial Post

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Published May 10, 2023  •  4 minute read Article content LONDON — Sterling’s been down so long, this looks like up to most people. Against the dark mood surrounding the British economy and dour positioning on the pound over the past 18 months, spring […]

Updated: May 10, 2023
Govt bailout of India’s Go First unlikely unless engine issue resolved -minister

Breadcrumb Trail Links PMN Business Author of the article: Published May 09, 2023  •  2 minute read Article content NEW DELHI — An Indian government bailout of cash-strapped Go Airlines (India) Ltd was unlikely unless something could be done about the supply of engines to the airline, which sought bankruptcy protection last week, a minister […]

Updated: May 9, 2023
BYD to Make Electric Vehicles in Vietnam in Southeast Asia Push

Article content (Bloomberg) — BYD Co. plans to produce electric vehicles in Vietnam and expects support from the country’s government to do so, the Southeast Asian nation said following a May 5 meeting between Deputy Premier Tran Hong Ha and the automaker’s chairman and founder, Wang Chuanfu.   Article content Wang expects Vietnam to create […]

Updated: May 8, 2023
Australia Treasurer Warns China Boom Can’t Stop Global Headwinds

Breadcrumb Trail Links PMN Business The economic surge caused by the end of China’s Covid Zero restrictions can’t offset the impact to the Australian budget from the global economic downturn, Treasurer Jim Chalmers said, just two days before he reveals his fiscal blueprint for 2023. Author of the article: Bloomberg News Ben Westcott Published May […]

Updated: May 7, 2023
Buffett set for 59th shareholder marathon as big questions loom

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Published May 06, 2023  •  4 minute read Article content OMAHA — Warren Buffett is set to preside over Berkshire Hathaway Inc’s annual meeting for the 59th time on Saturday as investors make their pilgrimage to hear the investing legend, at a time of […]

Updated: May 6, 2023
China’s services activity grows but at slower pace – Caixin PMI

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Liangping Gao and Ryan Woo Published May 05, 2023  •  2 minute read Article content BEIJING — China’s service activity grew for a fourth month in April, a private-sector survey showed on Friday, as businesses benefitted from a return toward pre-pandemic levels of […]

Updated: May 5, 2023
Waiting for ECB, nervous about Fed pivot and banking sector

Breadcrumb Trail Links PMN Business Author of the article: Reuters Rae Wee and Ankur Banerjee Published May 04, 2023  •  3 minute read Article content SINGAPORE — Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed’s policy statement and signs of stress at another U.S. regional bank, spurring […]

Updated: May 4, 2023
US defense contractors want deeper cooperation with Taiwan

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Huizhong Wu And Johnson Lai Published May 03, 2023  •  2 minute read Article content TAIPEI, Taiwan (AP) — A delegation of United States defense contractors and a former senior leader of the U.S. Marine Corps pledged the beginning of deeper cooperation with […]

Updated: May 3, 2023