Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
SYDNEY (Reuters) - Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have somewhat slowed th...
Jan 01, 2024
China Evergrande’s EV share sale deal lapses
By Summer Zhen HONG KONG (Reuters) - A share sale plan between China Evergrande New Energy Vehicle Group, the electric vehicle arm of property developer China Evergrande, and U.S.-listed NWTN has laps...
Jan 01, 2024
Chinese automaker Geely raises sales target for 2024 to 1.9 million units
By Summer Zhen HONG KONG (Reuters) - Chinese carmaker Geely Automobile Holdings Ltd set its sales volume target at 1.9 million units for 2024, up 13% from its total sales last year, according to a Hon...
Jan 01, 2024
DoorDash plots expansion outside core restaurant business in US – FT
(Reuters) - DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the U.S. group seeks ways to invest a growing cash pile, the Financial Times rep...
Jan 01, 2024
Pakistan December CPI up 29.7% y/y – statistics bureau
KARACHI, Pakistan (Reuters) -Pakistan's Consumer Price Index (CPI) for December rose 29.7% from a year before, data from the Pakistan Bureau of Statistics showed on Monday. The country of 241 million ...
Jan 01, 2024
Sales of Indian SUVs soar, smaller cars skid in December
BENGALURU (Reuters) - Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday. While entry-level vehic...
Jan 01, 2024
Bank of Korea’s Rhee eyes warning signs of prolonged monetary tightening
SEOUL (Reuters) - Bank of Korea Governor Rhee Chang-yong said on Monday recent market concerns over a financially troubled builder are a "warning sign" over the financial risks of prolonged monetary t...
Jan 01, 2024
Saudi sovereign wealth fund splashes cash in 2023 – report shows
By Libby George LONDON (Reuters) - Saudi Arabia's Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year, a report publishe...
Dec 31, 2023
China’s new home prices up in Dec for 4th straight month – survey
BEIJING(Reuters) - China's new home prices rose for the fourth straight month in December, a private survey showed on Monday, buoyed by a slew of government support measures. Prices rose 0.1% on avera...
Dec 31, 2023
South Korea Dec exports up for third month but at slower pace
By Cynthia Kim SEOUL (Reuters) - South Korea's exports rose for a third month in December but at a slower pace as weaker demand for Korean goods in China offset robust global sales for semiconductors,...
Dec 31, 2023
