Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud…
Economy
Take Five: Keep calm and raise rates
(Reuters) -The Bank of England is facing a stormy gilts market while Turkey’s new governor is expected to ramp up…
Bank of Korea flags upward risks to core inflation
SEOUL (Reuters) – South Korea’s central bank said on Monday that upward risks to core inflation were “a little high”…
Iraq enjoys respite from turmoil but risks remain
By Timour Azhari, Amina Ismail and Ahmed Rasheed BAGHDAD (Reuters) -Helped by buoyant oil prices and a period of political…
ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a…
Cathay Pacific to hire cabin attendants from mainland China from July
HONG KONG (Reuters) – Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin…
Marketmind: Ready for more rate hikes, and one cut
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s…
New China-focused hedge fund bucks trend to raise more than $100 million
By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse…
Their parents made China the world’s factory. Can the kids save the family business?
By David Kirton RUICHANG, China (Reuters) – When Steven Du took over his parents’ factory producing temperature control systems in…
JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics…