AsiaShift - Business

Business

Oct 31, 2023

Chinese factory activity contracts in October as pandemic recovery falters

An official survey of manufacturers shows China’s factory activity contracted in October, suggesting the economy remains on uneven footing

Oct 31, 2023

Samsung reports improved profit as losses from chip business narrow

Samsung Electronics has reported its highest quarterly profit for the year

Oct 31, 2023

Samsung reports improved profit as its chip business losses narrow

Samsung Electronics has reported its highest quarterly profit for the year

Oct 30, 2023

Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decision

Asian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates

Oct 30, 2023

Stock market today: Asian shares mixed after S&P 500 slips ahead of Fed interest rate decision

Asian shares are mixed ahead of a Federal Reserve decision this week on interest rates

Oct 30, 2023

Stock market today: World shares mixed after S&P 500 slips ahead of Fed interest rate decision

World shares are mixed ahead of a Federal Reserve decision this week on interest rates

Oct 30, 2023

Stock market today: Asian shares mostly fall as investors look ahead to economic data

Asian shares are trading mostly lower as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market

Oct 30, 2023

China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court

A Hong Kong court has adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4

Oct 29, 2023

G-7 nations back strong supply chains for energy and food despite global tensions

Trade and economy officials from the Group of Seven wealthy democracies have strengthened their pledge to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties

Oct 27, 2023

Huawei reports its revenue inched higher in January-September despite US sanctions

Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology