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Credit Suisse Faces Anger At Final Shareholder Meeting 0

Credit Suisse will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS. The hastily-arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely wiped out

Asian Stocks Edge Up As Markets Digest Oil Rally, China Tech Surges 0

Most Asian stocks crept higher on Monday as risk appetite persisted on softer-than-expected U.S. inflation readings from the prior week, although a spike in oil prices saw markets remain wary of a potential resurgence in inflation over the coming months. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 0.9% and 0.6%, respectively, buoyed

VW Pledges to Double Down On EVs in China, Urges Extension of NEV Tax Breaks 0

A senior Volkswagen AG (OTC:VWAGY) China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts in China for electric vehicles to 17,000 by 2025, as it

Netflix Restructures Film Group As it Scales Back Movie Output – Bloomberg News 0

Video streaming service Netflix Inc (NASDAQ:NFLX) is restructuring its film group, which will result in layoffs and the departure of two of its most experienced executives, Bloomberg reported on Thursday. As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back the company’s

Miki House Taps ‘Made in Japan’ Appeal For $760 Kids Pyjamas As Home Market Shrinks 0

Japan’s Miki House, a maker of luxury baby and children’s goods in a country with ever-fewer births, is looking overseas for both production and customers for products like its 100,000 yen ($760.40) Gold Label brand pyjamas. President Koichi Kimura said the Osaka-based company, which has developed a global reputation based on Japanese technology and quality,

Alibaba’s Hong Kong Shares jump Nearly 15% on Six-Way Split Plans 0

Alibaba Group’s Hong Kong shares rose sharply on Wednesday, tracking an overnight jump in its American stock after the e-commerce giant said it plans to split into six units, with potential fundraising and listings for most of them. The stock (HK:9988) rose 13.5% to an over one-month high of HK$95.55 shortly after the open, and

Gold Prices Dip From $2,000, Banking Crisis in Focus 0
- Uncategorized
- March 27, 2023
Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global banking crisis kept safe haven demand high. Bullion prices surged to the over $2,000 last week amid concerns over the next domino to fall among U.S.
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Apple CEO Praises China’s innovation, Long History of Cooperation on Beijing Visit 0
- Uncategorized
- March 25, 2023
Apple (NASDAQ:AAPL) CEO Tim Cook on Saturday used his first public remarks on his visit to China to praise the country for its rapid innovation and its long ties with the U.S. iPhone maker, according to local media reports. Apple CEO Tim Cook on Saturday used his first public remarks in China in recent years
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Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector 0
- Uncategorized
- March 24, 2023
Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers’ need for capital to meet soaring demand for planes and parts risks further turbulence, executives said. Demand from aircraft manufacturing giants has soared on the back of surging global air travel following a pandemic-induced slump. Some of their suppliers rely
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Credit Suisse Faces Anger At Final Shareholder Meeting 0

Asian Stocks Edge Up As Markets Digest Oil Rally, China Tech Surges 0

VW Pledges to Double Down On EVs in China, Urges Extension of NEV Tax Breaks 0

Netflix Restructures Film Group As it Scales Back Movie Output – Bloomberg News 0

Miki House Taps ‘Made in Japan’ Appeal For $760 Kids Pyjamas As Home Market Shrinks 0

Alibaba’s Hong Kong Shares jump Nearly 15% on Six-Way Split Plans 0

Gold Prices Dip From $2,000, Banking Crisis in Focus 0

Apple CEO Praises China’s innovation, Long History of Cooperation on Beijing Visit 0

Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector 0

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