Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Kenya inflation slows slightly to 6.6% year on year in December
NAIROBI (Reuters) - Kenya's inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. On a month-on-month basis inflation was 0.4%, ...
Dec 29, 2023
China’s new thirst for coffee spurs cut-throat cafe competition
By Casey Hall and Marcelo Teixeira SHANGHAI (Reuters) - Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousand...
Dec 29, 2023
Higher forever? Markets see few rate cuts after 2024
By Yoruk Bahceli (Reuters) - Borrowers looking for relief from higher interest rates may be set for disappointment with financial markets indicating rates will stay elevated for years to come. However...
Dec 29, 2023
Strong gains for cocoa, iron ore in 2023 as energy prices dip
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) - Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform ene...
Dec 29, 2023
Chinese airlines resume operating Boeing 737 MAX planes -Boeing
BEIJING (Reuters) - All civil airlines in China have resumed operating their 737 MAX planes, according to a social media post by the U.S. aircraft manufacturer on Friday morning. The post, issued by L...
Dec 28, 2023
Asian shares set to snap two-year losing streak on rate cut wagers
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks took a breather on the last trading day of the year and are set to snap their two-year losing streak with investors buoyed by the expectations that...
Dec 28, 2023
Vietnam 2023 economic growth slows to 5.05%
By Khanh Vu HANOI (Reuters) - Vietnam's economic growth slowed to 5.05% this year from an expansion of 8.02% last year, official data showed on Friday, weighed by weak global demand while public inves...
Dec 28, 2023
Dollar snaps two-year winning streak on 2024 rate cut bets
By Rae Wee SINGAPORE (Reuters) - The dollar looked set on Friday to end 2023 with a loss, reversing two straight years of gains, dragged by market expectations that the U.S. Federal Reserve could begi...
Dec 28, 2023
Oil prices to end year 10% lower as demand concerns snap winning streak
By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to r...
Dec 28, 2023
Huawei forecasts 9% revenue growth in 2023 as smartphones surge
BEIJING (Reuters) - Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023, according to comments from rotating chairman Ken Hu in an inte...
Dec 28, 2023
