UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:50
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden reported a record $6.7bn loss for the first six months of the year.
2023-08-31 11:25
Country Garden faces key test as onshore bondholders set to vote on extension
HONG KONG Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with
2023-08-31 10:22
Aussie home price downturn over, to rise this year and next: Reuters poll
By Devayani Sathyan BENGALURU Australian home prices likely bottomed much earlier than previously expected and will rise for
2023-08-31 08:55
Is India exporting food inflation to the world?
India is keeping domestic food prices in check with export bans - but what does this mean for the world?
2023-08-31 06:19
Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:55
Short U.S. housing correction likely over; tight supply to keep prices high: Reuters poll
By Prerana Bhat BENGALURU A short U.S. housing market correction is now over, according to property analysts polled
2023-08-31 02:49
Apple Tests Using 3D Printers to Make Devices in Major Manufacturing Shift
Apple Inc. is testing the use of 3D printers to produce the steel chassis used by some of
2023-08-31 01:47
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:26
Chinese banks should step up lending to private sector, central bank official quoted
BEIJING (Reuters) -An official at China's central bank urged banks to step up lending to private companies during a meeting
2023-08-30 17:22
Some offshore creditors of Country Garden consider forming group for debt revamp talks
By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with
2023-08-30 17:21
Toyota's global sales jump in July to hit monthly record
TOKYO Toyota Motor's July global sales rose 8% from the same month a year earlier to a record
2023-08-30 12:46