Feature IMF lifts global growth forecast to 3.2% in ’24 Nada Ali Apr 16, 2024 0 The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1…
Tech news Honda unveils new EV brand in China by ’27 Nada Ali Apr 16, 2024 0 Honda Motor outlined an ambitious plan to launch six next-generation EVs under the new "Ye" brand by 2027 in China,…
Financial Institutions Asia hedge funds surge in Q1 Nada Ali Apr 16, 2024 0 Asia-focused hedge funds kicked off 2024 with a strong performance, capitalising on several key trends during the…
Tech/AI Tesla global job cuts reach US, China Nada Ali Apr 16, 2024 0 Tesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering…
Feature China posts solid Q1 growth at 5.3% Nada Ali Apr 16, 2024 0 China's economy delivered a stronger-than-expected performance in the first quarter of 2024, growing 5.3 per cent…
Feature Eurozone records yearly trade surplus spike in Feb Aya El Sayed Apr 16, 2024 0 The trade surplus of the eurozone experienced a significant increase year-on-year in February, driven by a…
The Watch Oil surges on Tuesday’s opening Aya Anwar Apr 16, 2024 0 Oil surged on Tuesday as China's economy outpaced expectations and tensions escalated in the Middle East.
Money China’s Q1 growth expected to slow – poll Nada Ali Apr 15, 2024 0 China's economic growth is projected to reach 4.6 per cent in the first quarter of 2024, marking a decline from 5.2…
News Chinese yuan drops 12 pips vs dollar Nada Ali Apr 15, 2024 0 The Chinese yuan weakened by 12 percentage in points (pip) to 7.0979 against the US dollar on Monday.
Banks China pours $281m liquidity to bolster business activity Nada Ali Apr 15, 2024 0 The People's Bank of China (PBC) conducted seven-day reverse repos worth two billion yuan ($281.77 million) at an…