UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…
Biden blames China, Japan and India’s economic woes on ‘xenophobia’
President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S.…
HSBC beats expectations in first-quarter earnings; CEO Noel Quinn to retire
HSBC beat market expectations in its first-quarter earnings report Tuesday, and announced the surprise departure of Group Chief Executive Officer…
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion)…
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued strong demand…
K-pop stocks have sold off this year, but Goldman sees a turnaround
It hasn’t been an easy start to the year for investors in the K-pop sector as lower fourth-quarter sales and…
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…
Japanese PM Kishida tells Congress the U.S. must play leading role in the world
Japanese Prime Minister Fumio Kishida urged the U.S. Thursday to continue playing a leading role in the world as it…
KKR says China’s real estate correction may only be halfway done
BEIJING — China’s real estate troubles are likely far from over and industry problems need to be addressed quickly if…
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
The total value of private equity deals in Asia Pacific last year fell to its lowest since 2014 as fundraising…
