Hungary’s Industry Shrinks for Ninth Month in Recovery Challenge
Hungarian industrial production declined more than forecast in November, raising concerns about the country’s recovery from a ...
Unisplendour Said to Plan Hong Kong Listing to Raise About $1 Billion
Chinese cloud-computing and IT infrastructure company Unisplendour Corp. is preparing for a second listing in Hong Kong as ...
BOJ Signals Progress on Wages Without Clear Hint on Hike Timing
The Bank of Japan indicated it sees progress in wage gains, while refraining from giving any clear hints on whether an ...
UK Biotech Startup Takes Aim at Weight-Loss Leaders Novo, Lilly
A UK biotechnology startup is entering the crowded obesity drug market, armed with $411 million and a promising ...
Uniqlo Owner Reports Strong Growth in Japan, Western Markets
Uniqlo owner Fast Retailing Co. reported strong growth in revenue and operating profit for the three months through November, ...
Egypt Inflation Hits Two Year Low, Easing Path to Rate Cut
Egypt’s inflation rate slowed to its lowest level in two years, easing the path for the North African nation’s first interest ...
Julius Baer’s New CEO Bollinger Takes On Day-One Growth Test
As Stefan Bollinger moves into the chief executive’s office at Julius Baer Group Ltd on Thursday, the lender’s investors want ...
Gas More Expensive Than Oil Sets Stage for Asian Fuel Switching
A rally in liquefied natural gas has pushed Asian prices to a rare and substantial premium over oil, paving the way for major consumers to shift to cheaper but dirtier fuels.
China to Keep Tapping Coal to Meet Its Energy Security Needs
Cheap coal will continue to provide the ballast for China’s energy security in the coming year, according to the country’s ...
India Investors Watch TCS Growth Outlook as Earnings Season Begins
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
UK Trade Darling Stenn Went from $900 Million to Insolvency in Days
There was plenty of evidence to support such optimism. Stenn Assets UK Ltd., the firm’s main London-based subsidiary, reported $108 million of pretax profits for 2022 and 2023 combined and paid $56 ...
Hong Kong Airport Raises $7 Billion in Multi-Currency Bond Sales
The Airport Authority of Hong Kong sold around $7 billion of bonds in three currencies over the course of the week, in one of the largest multi-currency offerings by a Hong Kong company.