Asian Stocks Rise After Sharp Losses Last Week, Led by South Korea and China
Asia's leading stock markets are rising in early trading on Monday.
Business
Extreme heat is forcing H&M to rethink clothing and collection timing
Recurring heatwaves and extreme heat are posing new challenges for the fashion industry. Which materials and garments work best, and when should fall and winter collections be launched? H&M is one of several companies trying to find answers.
Business
Asia’s Markets Fall as Technology Stocks Slide After US Sell-Off
Several stock market indexes in Asia are taking a beating amid the tech sell-off in the US and look set to end the week significantly lower.
Technology
Afghanistan’s Opium Production Rises 400% as Poppy Cultivation Surges, UN Says
Poppy cultivation and opium production in Afghanistan have risen sharply for the first time since 2021, according to the United Nations Office on Drugs and Crime (UNODC).
World
Stockholm stocks rise 0.4% despite tech sell-off on Wall Street
The Stockholm Stock Exchange’s OMXS index closed 0.4 percent higher on Thursday, despite sharp falls in technology stocks on Wall Street.
Technology
Asian stocks mostly fall, with Shenzhen down 2.6% and Kospi off 2.1%
Asian stock markets are mostly lower in early trading on Thursday.
BusinessTop news
Prince Ali Faces AFC Investigation After Criticizing FIFA President Gianni Infantino
Prince Ali, president of the Jordanian Football Association, has criticized FIFA president Gianni Infantino. The prince could face disciplinary action - the Asian Football Confederation has launched an investigation into him.
Football
Scania CEO Says Chinese Truckmakers Offer Lessons as Competition Reaches Europe
Better profitability and growth in the service business lifted the seasonally weak third quarter for bus and truck manufacturer Scania. “This is one of the best third quarters we’ve ever had,” CEO Christian Levin tells TT. And Scania’s boss is not worried about increasingly tough competition from China.
Cars
Heineken Beats Forecasts as Strong Asian Demand Lifts Third-Quarter Sales
Dutch brewer Heineken reported strong demand in Asia and a turnaround in North America in its third-quarter report.
Business
SK Hynix’s Third-Quarter Operating Profit Soars 632% as Asian Stocks Rise
South Korean memory giant SK Hynix's operating profit surged in the third quarter, rising 632 percent year on year. Asian stock markets are higher in Wednesday trading.
Business
South Korea’s Kospi jumps 3.7% after economy grows three times faster than expected
South Korea’s Kospi is up several percent after the country’s economy grew three times faster than expected in the third quarter. However, several other major Asian indexes are lower in early Tuesday trading.
Business
Extreme Heat Is Forcing H&M to Rethink What It Sells and When It Launches Collections
Recurring heat waves and extreme temperatures are also posing new challenges for the fashion industry. Which materials and garments work best, and when should fall and winter collections actually be launched? H&M is one of several companies trying to find the answers.
Business
Asian Markets Diverge as Oil Prices Fall at Start of the Week
The leading Asian indices are moving in different directions at the start of the week. Meanwhile, oil prices are falling.
Business
Infantino Defends His FIFA Support, Says Majority Opinion Must Be Respected
FIFA President Gianni Infantino laughs off a question about whether he has considered resigning. In a rare interview, the Swiss says he has strong support among football associations. “We must respect the opinions of the vast majority,” he says.
Football
Stock Market Set to Open Lower as Investors Assess Quarterly Reports
Futures on IG Markets are trading slightly lower ahead of the last trading day of the week on the Stockholm Stock Exchange. Futures on leading European exchanges are showing a similar trend.
Business
Stockholm Stock Exchange Set to Open Lower as Oil Prices Rise and Tech Shares Waver
Futures trading on IG Markets clearly points to a lower opening for the Stockholm Stock Exchange. The trend is similar in futures trading on major European exchanges and in overnight trading in Asia.
Technology
Asian markets mixed as South Korea’s Kospi jumps 3.8% in early trading
Asia's leading indices are mixed in early Wednesday trading.
Business
ABB to invest SEK 4.9 billion in Japanese electrification joint venture with Mitsubishi Electric spinoff
Swedish-Swiss ABB is forming a joint venture with a business spun off from Japan’s Mitsubishi Electric to make low-voltage distribution products, ABB said in a press release.
Business
Asian Stocks Fall as South Korea’s Kospi Drops 2.6%, Japan’s Nikkei Slips
Several Asian technology companies are falling again on Tuesday, and stock markets are following suit.
Business
Indonesia’s Stock Market Plunges 11% After MSCI Emerging Market Warning
The Indonesian stock market has plunged by more than 11 percent after index provider MSCI warned that it no longer considers the country to meet the criteria for an emerging market.
Business
Asian Stocks Rebound After Sharp Sell-Off, With Major Indexes Higher on Friday
After yesterday's sharp stock market crash in Asia, sentiment has turned, and the trading week looks set to end on a high note.
Business
Infantino Apologizes to FIFA Board Over Scrapped World Cup Investment Plan, but Critics Remain Unconvinced
For three and a half hours, FIFA President Gianni Infantino was grilled by his fellow board members. They were not satisfied with his answers. “Nothing has changed,” says Debbie Hewitt, chair of the English Football Association.
Football