Yellen expresses 'concern' about China's export curbs on strategic raw materials
Beijing's newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry are a "concern," US Treasury Secretary Janet Yellen told a group of executives in China on the first day of her trip to the country, where she will try to stabilize bilateral relations after a particularly difficult period.
2023-07-07 14:51
German Production Drops as Factory Weakness Weighs on Growth
German industrial production unexpectedly fell in May, casting a shadow over the recovery in Europe’s largest economy from
2023-07-07 14:28
Siemens Energy Sets Up Twin Taskforces to Investigate Wind Unit
Siemens Energy AG is establishing an internal taskforce as well as supervisory board committee after a string of
2023-07-07 14:26
Lagarde Says ECB Won’t Stand Idly By If Margins and Wages Rise
The European Central Bank won’t hesitate to act if officials see a simultaneous uptick in both company margins
2023-07-07 14:24
Greece’s Eurobank Plans to Expand Overseas Wealth Management
Eurobank Ergasias Service and Holdings SA plans to expand its activities to new markets including Saudi Arabia, Dubai,
2023-07-07 14:20
Corporate Scandals Spark Crisis of Confidence in Thai Market
The near implosion of a $2 billion company in Thailand is fueling calls from investors for tighter oversight
2023-07-07 14:20
Shell’s Earnings From Gas Trading to Drop Significantly
Shell Plc’s earnings from natural gas trading will be significantly lower in the second quarter due to seasonal
2023-07-07 14:19
Sunak Seeks to Cut Number of Britons ‘Unfit to Work’
Prime Minister Rishi Sunak is looking to reduce the ranks of Britons declared too sick to work and
2023-07-07 13:55
Sweden Housing Prices Edge Higher Amid Signs of Stabilization
Swedish property prices rose slightly for a fifth straight month, according to realtor data that adds to evidence
2023-07-07 13:54
Hedge Fund Dymon Hires Yu From Goldman, Aims to Raise $1 Billion
Singapore hedge fund Dymon Asia Capital has hired 24 portfolio managers over the past year including ex-Goldman Sachs
2023-07-07 13:53
African Countries Seek Common Rules to Tap Carbon Market
African governments are trying to devise a common set of rules to govern the fast-growing market for carbon
2023-07-07 13:50
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
The long-term prospects for artificial intelligence-linked semiconductors is making Morgan Stanley even more bullish about chip stocks in
2023-07-07 13:22