Feeling poorer: Property slump hurting Chinese consumers, clouds recovery
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Liu Baoxiang, who runs a mahjong parlour in a city…
Business
Brands look to China’s tropical duty free island paradise for consumer comeback
By Casey Hall HAIKOU, China (Reuters) -Representatives of over 3,000 brands including Burberry and Estee Lauder descended on China’s Hainan…
German wholesale price index up 2% year-on-year in March
(Reuters) – Germany’s wholesale price index rose in March compared with the same month last year, according to data released…
Singapore unexpectedly leaves monetary policy unchanged as risks grow
SINGAPORE (Reuters) -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about its growth…
European exchanges’ defensive appeal attracts investors after bank turmoil
By Danilo Masoni and Samuel Indyk MILAN/LONDON (Reuters) – European exchange stocks stand to benefit from a spike in volatility…
Tesla sets up new-energy firm in Shanghai with $2 million registered capital -Tianyancha
BEIJING (Reuters) – Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according…
ECB needs more rate hikes and faster balance sheet cuts, Wunsch says
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should speed up the reduction of its balance sheet and…
Marketmind: Singapore signals a peak for policy tightening
A look at the day ahead in European and global markets from Wayne Cole. Singapore’s central bank sprang the surprise…
Nvidia enhances mid-range video gaming chip with AI technology
By Stephen Nellis (Reuters) – Nvidia Corp said on Wednesday it is packing one of its mid-range chips for gamers…
European privacy watchdog creates ChatGPT task force
By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up…