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Posted on January 9, 2025

Wide range of Japanese firms see need to hike wages, BOJ says

A wide range of Japanese firms see the need to continue raising wages due to structural labour shortages, the Bank of Japan said on Thursday.

Posted on January 9, 2025

Indonesia is a ‘hotspot’ for Chinese companies in logistics, supply chain, SF group says

Indonesia’s growing economy, coupled with a multilingual workforce and vast business opportunities over an archipelago of 15,000 islands, is a magnet for logistics companies from China, according to a ...

Posted on January 9, 2025

HSBC downgrades Indian stocks to ‘neutral’ on tapering growth, lofty valuations

HSBC cut its rating on Indian equities to "neutral" on Thursday, joining a growing list of global brokerages that have tempered their bets on Asia's third-largest economy on slowing growth and ...

Posted on January 9, 2025

BP projects 44% jump in oil output from India’s largest field, ONGC says

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and ...

Posted on January 9, 2025

DBS: ‘more vitality in capital markets’ is what’s needed to revive consumer and business confidence in China

Taimur Baig of DBS Group Research discusses the challenges facing the Chinese economy. He says Beijing's stimulus measures so far haven't been targeted at the right place, but China isn't Japan in the ...

Posted on January 9, 2025

Moderna Is Gambling on China as Other U.S. Companies Pull Back

The biotech’s efforts to bring its vaccines to the country mean navigating political pushback in the U.S. and the risk of intellectual-property theft in China.

Posted on January 9, 2025

European Firms Say China’s Pressure to Go Local Is Raising Costs

Some European firms are sacrificing efficiency and losing their global edge as they wall off their operations in China and come under pressure to produce more locally, according to a business group ...

Posted on January 9, 2025

Cyprus posts €1.4 billion surplus in 2024

Cyprus posted a historically high surplus of €1.42 billion between January and November 2024, equivalent to 4.2 per cent of GDP, according to preliminary data from the Cyprus Statistical Service ...

Posted on January 9, 2025

Eurolife earns four honours at 2024 Global Banking and Finance Awards

Eurolife was once again distinguished at the 2024 Global Banking and Finance Awards, receiving four awards: Best Life Insurance Company in Cyprus for 2024 Insurance Brand of the Year Awards Cyprus ...

Posted on January 9, 2025

CIFA: A Year of Strategic Growth and Opportunity for Investment Funds in 2025

Cyprus’ Investment Funds sector exemplifies resilience and innovation, driving our collective vision for sustainable economic progress.

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