U.S. and South Korea agree to minimise chipmakers’ uncertainties on subsidy requirements -ministry
SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, Korea’s industry ministry said on Friday. Companies…
China’s foreign trade faces instabilities and uncertainties: customs official
BEIJING – China’s foreign trade still faces instabilities and uncertain factors even as trade growth in May and June reversed the declining trend in April, said Li Kuiwen, a spokesman for the…
China’s trade faces rising uncertainties in second half of year: ministry
BEIJING – China expects June trade growth to remain relatively high, but said the second half year brings rising uncertainties, the commerce ministry said on Thursday. According to a survey, China’s foreign…
Beset by uncertainties, Spanish borrowers lock in home loan rates
By Jesús Aguado MADRID – Spanish homeowners, fearing a return to the turmoil that nearly bankrupted their country a decade ago, are rushing to shield themselves from rising prices and runaway borrowing…
J.P. Morgan upgrades Chinese internet stocks, expects uncertainties to abate
(Reuters) – J.P. Morgan analysts upgraded the stocks of some Chinese internet companies on Monday and the brokerage expects “significant uncertainties” faced by the sector to abate. China signaled an easing of…
Wealth manager AMP’s Australia unit posts net cash outflows on uncertainties
(Reuters) – AMP Ltd said on Thursday its Australian wealth management business logged another quarter of cash outflows as it continued to lose investors amid market uncertainty due to the Russia-Ukraine war,…
Bosch aims to stay profitable in 2022 despite uncertainties
BERLIN -German automotive supplier Bosch is aiming to be profitable this year but said that a definitive forecast is not possible due to economic and political uncertainties. As a result, the company…
China’s economy resilient despite uncertainties caused by Ukraine crisis – state planner
BEIJING – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday. China will enhance policy coordination and speed up the roll-out of…
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