China's new central bank governor faces daunting tasks
Pan Gongsheng's appointment comes after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said highlighted Beijing's urgency to bolster the country's slowing economy and stem the yuan's slide.
1970-01-01 08:00
Rio Tinto posts lowest H1 profit in 3 years on weak iron ore prices, cuts dividend
(Reuters) -Rio Tinto slashed its interim dividend on Wednesday as the miner reported its lowest first-half underlying earnings in three
1970-01-01 08:00
Thailand trims GDP growth outlook as exports soften
BANGKOK (Reuters) -Thailand's finance ministry has lowered the country's 2023 economic growth outlook to 3.5% from 3.6% projected earlier, as
1970-01-01 08:00
Taiwan's economy seen returning to growth in Q2: Reuters poll
TAIPEI Taiwan's export-dependent economy likely returned to growth in the second quarter thanks to resilient domestic consumption although
1970-01-01 08:00
Aston Martin posts smaller quarterly loss, keeps 2023 forecast
British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss
1970-01-01 08:00
Puma reports higher Q2 sales
German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations,
1970-01-01 08:00
Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
1970-01-01 08:00
Football rumours: West Ham confident over Conor Gallagher despite rejected bid
What the papers say West Ham believe they are still in the box seat to sign Chelsea midfielder Conor Gallagher despite a rejected £40million bid, the Evening Standard reports. Tottenham are also interested in the 23-year-old. The Mirror says the Bayern Munich’s chief executive Jan-Christian Dreesen and technical director Marco Neppe have not joined the club on their trip to Japan to stay behind to work on another bid for Harry Kane. Tottenham want £100million for the England captain. Liverpool have had their bid for Southampton midfielder Romeo Lavia rejected with the £35million offer deemed not enough, according to the Guardian. Southampton are hoping for a bid closer to £50million. Social media round-up Players to watch Fabinho: The Liverpool midfielder looks set to start pre-season training with the club which could be a blow to Saudi Pro League team Al Ittihad who are hoping to sign the 29-year-old, the Athletic reports. Bernardo Silva: The Manchester City midfielder looks set to stay after the club told the 28-year-old they do not want to sell him, despite his desire to leave, 90 min says. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Porsche's iconic 911 to be sole survivor of automaker's combustion models
By Nick Carey LONDON Porsche has a plan to gradually electrify its car lineup so that electric vehicles
1970-01-01 08:00
NatWest Bank CEO ousted after furor over politician Nigel Farage's bank account
NatWest, one of Britain’s biggest banks, says its chief executive has left her job after discussing personal details of a client — the populist politician Nigel Farage — with a journalist
1970-01-01 08:00
Stellantis operating profit rises 11% in H1 topping forecasts
MILAN Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year,
1970-01-01 08:00
Friends Who Help Manage $640 Billion Clash on China Bonds
Three Japanese market veterans ruminating over beer in Tokyo whether Chinese debt is the deal of the century
1970-01-01 08:00