The coronavirus outbreak is denting the prospects of this year’s record 8.7mn-strong Chinese university graduating class, with many students stuck at home just as the corporate recruitment season usually swings into high gear.
Japan’s factory activity suffered its steepest contraction in seven years in February, as the widening fallout from the coronavirus outbreak in China reinforced the risk of a recession in the world’s third-largest economy.
The United States and India are unlikely to reach a limited trade agreement in time for US President Donald Trump’s visit to India next week as proposed new Indian tariffs have complicated negotiations, the head of a US-based business group said on Thursday.
The cost of the deadly coronavirus is starting to add up for banks across Asia. Lenders from HSBC Holdings Plc to the three biggest banks in Singapore have warned that the virus and related economic slowdown will likely force them to set aside more money for soured loans this year.
A spike in new virus cases outside China spooked Asian markets yesterday after Wall Street pulled back from record highs as more companies warned earnings could be hurt by the epidemic.
China’s stock traders are navigating the vagaries of the country’s coronavirus data for clues on when euphoria fanned by Beijing’s emergency support measures may peak.
After posting the weakest annual profit growth since 2016, Canada’s banks now must prove to investors that it’s still worth buying their shares.
Nasser Bin Khaled Heavy Equipment, a subsidiary of NBK Group, recorded a successful year in 2019, with an overall growth of 15.3% compared to 2018. The growth was the result of sales increase in the Power Generation and Construction & Concrete Divisions
Qatar Chamber (QC) Chairman HE Sheikh Khalifa bin Jassim al-Thani toured the pavilions of the ‘Made in Qatar’ exhibition being held in Kuwait.
An official of the Department of Trade and Industry (DTI) in the Philippines has reiterated the need to export more brands from the Southeast Asian nation to the Middle East markets.