A 14-Year High Hedging Cost Is Hardly Scaring Asian Investors
Local-currency investors from emerging Asian nations aren’t shying away from hedging their overseas investments even as the cost
2023-08-03 14:15
AB InBev’s Global Growth Offsets Bud Light Marketing Fiasco
Anheuser-Busch InBev NV’s earnings beat analysts’ estimates as growth in key markets including Brazil and China offset a
2023-08-03 14:15
BMW Raises Outlook for Vehicle Deliveries on Strong EV Demand
BMW AG increased its forecast for vehicle deliveries for the year on the back of a deep order
2023-08-03 13:52
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:28
Thai Party Backed by Ex-Premier Thaksin to Unveil New Coalition After Dumping Move Forward
Srettha Thavisin, a property tycoon seeking to become Thailand’s next prime minister, is set to unveil a new
2023-08-03 13:24
Lufthansa Sees Third Quarter Profit Topping Pre-Pandemic Levels
Deutsche Lufthansa AG forecast rising profit through year-end with demand for air travel remaining high despite an inflationary
2023-08-03 13:20
Hong Kong’s New Crypto Regime Awards First Exchange License to HashKey
The first license under Hong Kong’s new crypto regime went to HashKey Exchange, legalizing the retail trading of
2023-08-03 13:20
SocGen Beats in Lackluster Quarter for Trading Under New CEO
Societe Generale SA beat most analyst estimates even as key revenue lines weakened amid a lackluster trading environment,
2023-08-03 12:50
Thai Court Delays Decision on Plea Against Pita’s PM Bid Denial
Thailand’s constitutional court delayed a decision on whether to accept or reject a petition against a parliament move
2023-08-03 12:49
BOJ Intervenes for Second Time This Week to Slow Yield Spike
The Bank of Japan came into the market for the second time this week to slow gains in
2023-08-03 12:48
StanChart Sees Senior Banker Exits in India as Rivals Circle
Standard Chartered Plc is losing several senior long-serving executives in its India operations, with some heading for new
2023-08-03 12:48
China Seeks Tip-Offs From Public on Obstacles to Private Sector
China has unveiled its latest show of concern for the embattled private sector: asking citizens to call out
2023-08-03 11:49