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China’s factory price surge deepens global inflation worries

China’s factory price surge deepens global inflation worries

China’s producer prices climbed in March by the most since July 2018 on surging commodity costs, adding to worries over rising global inflation as the pandemic recedes.

Singapore’s biggest bank to reduce office space in home market

Singapore’s biggest bank to reduce office space in home market

DBS Group Holdings Ltd is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic.

Most Asia bourses end lower, but optimism remains

Most Asia bourses end lower, but optimism remains

Most Asian markets retreated on Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has analysts predicting the global equities rally still has legs.

Credit Suisse is planning hedge fund unit overhaul

Credit Suisse is planning hedge fund unit overhaul

Credit Suisse Group AG is planning a sweeping overhaul of the hedge fund business at the centre of the Archegos Capital blow up, as the drama forces Wall Street banks to reconsider how they finance some of their most lucrative clients.

Boeing reveals ‘potential’ 737 MAX electrical issue

Boeing reveals ‘potential’ 737 MAX electrical issue

US aircraft manufacturer Boeing said yesterday it had recommended that 16 clients flying its 737 MAX models address a “potential electrical issue”, a new setback for its most popular plane.

US producer prices increase by more than forecast in March

US producer prices increase by more than forecast in March

US producer prices climbed more than forecast last month in a broad advance, indicating inflationary pressures continue to build across the nation’s economy.

Amazon reveals scorching India growth as Walmart fight deepens

Amazon reveals scorching India growth as Walmart fight deepens

Amazon.com Inc offered a rare peek into the Covid-era growth of its Indian business while it battles Walmart Inc in its biggest overseas market.

First high-level meet held to organise 6th GECF Summit in Doha in November

First high-level meet held to organise 6th GECF Summit in Doha in November

The first meeting to ensure the successful organisation of the 6th GECF Summit of Heads of State and Government, scheduled to take place in Qatar on November 18 has been convened.

Qatar shares cross 10,500 levels on higher buy interests

Qatar shares cross 10,500 levels on higher buy interests

The increased buying interests of foreign institutions and local retail investors’ bullish sentiments on Thursday lifted the Qatar Stock Exchange above 10,500 levels.

QDB plays pivotal role in supporting QSE venture market

QDB plays pivotal role in supporting QSE venture market

The Qatar Development Bank (QDB) plays a central role in supporting the Qatar Stock Exchange’s (QSE) venture market (QEVM), where the trading of the first entity will begin next week.

Myanmar crisis weighs on its garment industry, jobs and hope

Myanmar crisis weighs on its garment industry, jobs and hope

Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.

Saudi $7tn investment goal puts spotlight on oil prices

Saudi $7tn investment goal puts spotlight on oil prices

Saudi pursuing 27tn riyal spending push; under plan, some firms required to cut payouts to government; more taxes, royalties will help to plug gap, says analysts; Saudi will likely need higher oil prices; Opec leader may need to curb supply to prop up prices

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