Mercedes-Benz and BMW faced China sales decline in Q3 due to supply issues and model changes, impacting global sales, while BMW reported a 5.8% rise in global retail sales during the same period.
Brazil’s September Inflation on the Rise Due to Gasoline Prices, El Niño Raises Concerns for Agricultural Output
ADNOC’s Ambitious Transformation: From Local Oil Giant to Global Powerhouse
Middle East conflict boosts oil prices; investors turn to gold, bonds. Israeli shekel falls despite central bank support. Stock futures drop.
During China’s Golden Week holiday, the amount of money spent and the number of trips taken within the country didn’t meet the expectations set by the government. This puts pressure on policymakers to consider more aggressive economic stimulus measures. Official data reveals that during the eight-day holiday starting on September 29, there were approximately … Read more
Holiday Spending Falls Below Official Expectations Despite a Surge. Mainland Trading Resumes Amid Escalating Global Market Volatility.
HSBC is strategically shifting its focus to Asia in pursuit of increased profitability, a move coinciding with China’s economic growth challenges.
Brent and West Texas Intermediate Approach $90 per Barrel, While Mainland China Stocks Drop as Post-Holiday Trading Resumes
Traders aren’t anticipating a significant price reaction; the key factor is escalation. Attention is also on shipping routes and the response from the US.
The observatory issued a No. 8 storm signal just before midnight, and Typhoon Koinu is expected to be at its closest to the city on Sunday night.