Swiss Watch Exports Jump to Record High on US and Qatari Demand But China Slumps
Swiss watch exports jumped to a record high in November as Americans snapping up pricey timepieces outweighed slumping demand from China.
Swiss watch exports jumped to a record high in November as Americans snapping up pricey timepieces outweighed slumping demand from China.
Investors remained cautious about PLDT Inc.’s shares following the record plunge this week after the Philippines’ largest phone company by revenue said it found 48 billion pesos ($867 million) in unaccounted spending.
Chinese companies are set to tap the European market at a faster pace next year as lingering geopolitical risks and regulatory woes reduce the appeal of other offshore markets like the US.
Business is suddenly booming for China’s lemon farmers as citizens turn to natural remedies to fight a mounting wave of Covid infections.
Ukraine reached a deal with Elon Musk’s Space Exploration Technologies Corp. to receive thousands more Starlink antennas to help counter Russian air attacks, according to a top government official.
Hong Kong will further ease social distancing measures, including rules on banquets, ahead of a trip by the city’s leader to Beijing.
Japanese stocks tumbled as the yen surged after the Bank of Japan surprised markets by doubling a cap on bond yields, signaling possible policy normalization by the central bank.
Malaysian Prime Minister Anwar Ibrahim was forced to revisit his sodomy convictions, after opposition leaders in the Muslim-majority nation took aim at his past during Monday’s confidence vote.
Massachusetts Democratic Senator Elizabeth Warren on Monday sent a letter to the Tesla Inc. board questioning whether Chief Executive Officer Elon Musk is meeting his legal obligations to the company and its shareholders following his purchase of Twitter Inc.
Binance Holdings Ltd.’s Indonesian unit is cutting jobs and replacing its top executive after the parent company took nearly full control over it.