Pandora Shares Fall on Disappointing U.S. Sales

Shares down 7.3 Q2 sales in line with expectations U.S. sales disappoint CEO Inflation hasn39;t impacted jewellery sales Pandora postpones revamp in China until 2023 COPENHAGEN, Aug 16 Reuters Jewellery maker Pandora on Tuesday reported disappointing secondquarter sales in the U.S. market, prompting its shares to fall, but reaffirmed its annual forecast, saying higher costs of […]
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Tencents Q2 Results Take Center Stage in Asia

Aug 17 Reuters A look at the day ahead in Asian markets from Jamie McGeever Earnings from China39;s Tencent, an interest rate decision from New Zealand, and a clutch of Japanese economic indicators will give Asian markets a local steer on Wednesday, following another solid rise on Wall Street and notable decline in oil prices. […]
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German Investor Morale Dips, Inflation Fuels Recession Angst

Inflation, expected increases in energy costs hit morale But expectations for financial sector improve German economy stagnated in Q2 Finance minister has said economy is fragile BERLIN, Aug 16 Reuters German investor sentiment fell slightly in August on concerns the rising cost of living will hit private consumption, and suggesting Europe39;s largest economy is tipping […]
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Indias July WPI Inflation Eases to 13.93

NEW DELHI, Aug 16 Reuters India39;s wholesale inflation rose 13.93 in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th month, amid expectations that the central bank will again raise policy rates next month. In July, wholesale prices indexbased inflation, which is […]
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RBNZ Signals Aggressive Tightening Pace after 50bps Hike

RBNZ hikes by 50 bps for 4th time in most aggressive tightening RBNZ warns of bringing forward hikes in hawkish tone; lifts NZD, hits bonds C.bank projects higher peak for rates to curb rising inflation Before latest hike, some economists were divided on tightening pace WELLINGTON, Aug 17 Reuters New Zealand39;s central bank on Wednesday […]
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