Dr. Martens Plunges After Fresh Profit Warning

Dr. Martens Plunges After Fresh Profit Warning

Jan 19, 2023

Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created

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China’s Dec Home Prices fall, More Supportive Policies Likely

China’s Dec Home Prices fall, More Supportive Policies Likely

Jan 16, 2023

China’s new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more measures to help sustain the recovery after the dismantling of pandemic curbs last month brightened the outlook. New home prices dropped both in

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Weekly Comic: China’s Precarious Reopening

Weekly Comic: China’s Precarious Reopening

Jan 6, 2023

China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have owed their bright start to the year largely to hopes that the world’s second-largest economy will quickly reap

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Major Fire Hits Chilean Port, Codelco Operations Unaffected

Major Fire Hits Chilean Port, Codelco Operations Unaffected

Dec 23, 2022

A major fire broke out at Chile’s Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but the company said on Thursday operations have not been affected. Meanwhile, a separate forest fire south of Ventanas near the coastal tourist city

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Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot

Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot

Dec 19, 2022

Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed on sentiment, while the Japanese yen gained on bets that the Bank of Japan (BoJ) could eventually tighten policy amid rising inflationary pressures.

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Japan Foreign Reserves Fall For Third Month After Intervention

Japan Foreign Reserves Fall For Third Month After Intervention

Nov 8, 2022

Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in

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Inflation top Worry For G20 Countries -Survey

Inflation top Worry For G20 Countries -Survey

Nov 7, 2022

Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades,

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Global Food Security on The Edge as Russia Exits Grain Deal

Global Food Security on The Edge as Russia Exits Grain Deal

Oct 31, 2022

How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from

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BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast

BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast

Oct 28, 2022

The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank

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PM Modi to Visit Kedarnath-Badrinath Today, Tight Security In Place

PM Modi to Visit Kedarnath-Badrinath Today, Tight Security In Place

Oct 21, 2022

Prime Minister Narendra Modi will visit Kedarnath and Badrinath today during which he will inspect various ongoing development works and also lay foundation stones for some new projects In view of the visit, security arrangements have been tightened in the area, an official

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