ASML ups full-year sales forecast as China demand stays strong
By Toby Sterling AMSTERDAM Dutch semiconductor equipment maker ASML reported second-quarter earnings that beat expectations on Wednesday and
2023-07-19 14:59
China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds are suffering their sharpest three-day selloff this year, with a fresh default from a
2023-07-19 14:51
Truck maker Volvo raises market outlook after Q2 profit jump
STOCKHOLM (Reuters) -Swedish truck maker AB Volvo on Wednesday reported a bigger-than-expected jump in second-quarter adjusted operating profit and raised
2023-07-19 14:29
Europe Car Sales Rise 19% With Growth Streak Nearing a Full Year
Auto sales in Europe rose in June as growing demand for electric cars and improved parts supply helped
2023-07-19 14:25
Turkish Rates Anomaly Persists With Policy Reboot Going Slow
Turkish savers still get far higher interest on deposits than lenders charge for commercial credit, an anomaly that’s
2023-07-19 14:22
French car maker Renault first-half sales jump 13%
(Reuters) -French car maker Renault on Wednesday said its worldwide sales rose 13% in the first six months of the
2023-07-19 13:53
China Names Ex-Intelligence Official as HK Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security
2023-07-19 13:29
South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:29
Thai Court Suspends PM Hopeful Pita’s Status as Lawmaker
A Thai court Wednesday suspended Pita Limjaroenrat’s status as a lawmaker, in the latest roadblock to the pro-democracy
2023-07-19 13:28
China Tech Overseer Plans Computing Power Push to Back AI Boom
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital
2023-07-19 12:49
World Bank Chief Eyes Corporate Philanthropy to Raise Funds
World Bank President Ajay Banga is preparing to pitch for private capital and corporate social responsibility funds to
2023-07-19 12:48
Spain’s Sanchez Is Struggling to Make the Case for the Economy
The resilience of Spain’s economy likely won’t be enough to convince voters to reelect Prime Minister Pedro Sanchez
2023-07-19 12:24