Volkswagen’s yearly operating profit fell by 15% in 2024 due to rising costs and restructuring-related expenses. The German automaker reported
Palm oil prices have skyrocketed to multi-year highs as production falls and demand for biodiesel grows. Industry reports show that
Asian markets showed mixed performance on Wednesday, with China’s Shanghai Composite falling 1.2% on weak inflation data, while Japan’s Nikkei
Bitcoin dropped by 5% to $85,000 on Monday amid heightened volatility following former President Donald Trump’s proposal for a U.S.
The cryptocurrency market continues to experience volatility in early 2025, with Bitcoin and Ethereum posting modest gains while smaller altcoins
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Japanese 10-year government bond yields have surged to near 16-year highs, reaching 1.25%, as investors react to rising inflation concerns and the potential for tighter monetary policy. The yield on the benchmark bond has not been this high since 2009.
Adidas has reported strong Q4 2024 earnings, with an 8% year-over-year revenue increase and net income of €450 million. The company’s performance was driven by robust demand for its footwear and apparel lines, as well as strategic investments in digital
China is targeting around 5% economic growth in 2025, according to government sources, as the country continues to face uncertainty from the U.S.-China trade war and a sluggish global economy. The target reflects Beijing’s cautious approach to balancing growth with
Malaysian authorities have launched a sweeping investigation into several local firms allegedly involved in a fraud case tied to tech giant Nvidia. The scandal, which has garnered international attention, involves accusations of financial misconduct and the unauthorized use of Nvidia’s
Mixue, the Chinese bubble tea powerhouse, saw its shares surge during its highly anticipated debut on the Hong Kong stock exchange. The company’s initial public offering (IPO) was met with strong investor enthusiasm, reflecting the growing global demand for bubble
China’s February Caixin Purchasing Managers’ Index (PMI) highlighted challenges in the manufacturing sector, raising concerns about the country’s economic recovery. The PMI, a key indicator of manufacturing activity, fell to 50.1 in February, down from 50.8 in January, barely above
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