German Foreign Minister Annalena Baerbock said that the European Union must reduce its reliance on China and that she supports the EU’s investigation into the subsidies Beijing supplies its electric-vehicle industry.
Sailesh Raj Bhan has become wary of the exuberance surrounding Indian stocks as a $790 billion rally since late March rambles on.
TGS ASA agreed to buy Norwegian rival PGS ASA in an all-share deal as the companies seek to take advantage of a rebounding market for geophysical data for the offshore energy industry.
HSBC Holdings Plc pays for bankers’ nannies in India for up to six years. Morgan Stanley allows pregnant staff to expense cab rides, and Citigroup Inc. lets new moms work from home for a year after their maternity leave runs out.
Serbia is likely hold an early election next year in response to growing pressure from opposition parties, President Aleksandar Vucic said late Sunday.
Over the summer, Beijing limited Pentagon chief Lloyd Austin to a single handshake with sanctioned Chinese Defense Minister Li Shangfu at a top military forum. Now, Li’s drop from public view could help reboot senior-level military talks between the superpowers.
Asian loan volumes are poised for a rebound in 2024 thanks to expected deal flows in Australia and India that should help offset the dent from China’s economic slowdown.
The European Central Bank may see inflation returning to its 2% target sooner than currently forecast, considering the fragile state of the economy, according to Clara Raposo, vice governor of the Bank of Portugal.
Thailand will tighten loopholes in its tax rules on overseas income, as the new government seeks to lower income inequality as well as raise revenue to pay for measures to stimulate the Southeast Asian economy.
After a sharp stock rally this year on the back of resilient economic growth, investors now have a more negative outlook for risk assets in 2024, according to Morgan Stanley’s Michael Wilson.
