Credit Suisse Shares Hit Record Low As Subscription Rights Dumped
MILAN (Reuters) – Shares in Credit Suisse tumbled to a fresh lifetime low below 3 Swiss francs on Tuesday as…
November 2022
Hyundai Motor, SK On Sign EV Battery Supply Pact For N. America
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source…
Hyundai Motor, SK On In EV Battery Supply Pact In N. America
SEOUL (Reuters) -South Korea’s Hyundai Motor Group and battery maker SK On have signed a pact on the supply of…
Nestle Again Nudges 2022 Sales Outlook Higher
ZURICH (Reuters) – Nestle has tweaked its 2022 sales outlook higher, the world’s largest packaged food company said ahead of…
Asian shares mostly decline ahead of Fed chair’s key speech
TOKYO (AP) — Asian shares were mostly lower Wednesday ahead of a closely watched speech by the Federal Reserve chief…
S&P Global Lowers 2023 Growth Forecast For Emerging Markets
(Reuters) – S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the…
Kenya’s Centum Investment H1 Pretax Profit Jumps Multi-fold
NAIROBI (Reuters) -Kenya’s Centum Investment Company Plc said on Tuesday its pretax profit rose to 224 million shillings ($1.83 million)…
South Korea orders striking cement truckers back to work
SEOUL, South Korea (AP) — South Korea’s government issued an order Tuesday for some of the thousands of truck drivers…
Behind Foxconn’s China Woes: Mistrust, Miscommunication, COVID Curbs
By Yew Lun Tian, Yimou Lee and Brenda Goh SHANGHAI/TAIPEI (Reuters) – When officials from his Chinese village approached Hou…
China Property Shares Surge On Opening Up Of Equity Financing Option
HONG KONG (Reuters) – Shares of Chinese property companies soared on Tuesday after the country’s securities regulator lifted a ban…