October 2024 – Page 13 – UAG Trade Asia

Indian LowCost Carrier IndiGo Swings to 1st Quarterly Loss in 2 yrs

October 25, 2024
Business
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Oct 25 Reuters India39;s IndiGo airline operator Interglobe Aviation swung to its first quarterly loss in two years, weighed down by fuel expenses and growing aircraft rental costs. The country39;s biggest airline by market share said on Friday it made a loss of 9.89 billion rupees 117.7 million for the three months to Sept. 30, compared […]

October 25, 2024
Business
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PARISLONDON, Oct 25 Reuters Remy Cointreau will raise cognac prices in China to help mitigate the impact of tariffs imposed by Beijing on European Union brandy amid a trade dispute, its finance chief told investors on Friday. China imposed provisional tariffs on brandy from the European Union earlier this month, days after the 27member bloc voted for tariffs […]

October 25, 2024
Finance
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Sales growth forecasts of 30% for AI chips and 20% for advanced packaging indicate that demand is in the early innings, and gen AI LLMs will be the standout driver for the next generation.

October 25, 2024
Uncategorized
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SEOUL, Oct 25 Reuters South Korea plans to start regulating crossborder transactions of virtual assets such as cryptocurrency, bringing in registration and reporting requirements from the second half of 2025, the finance ministry said on Friday. Under the new regulations, businesses dealing with crossborder trade of virtual assets will be required to register with authorities […]

October 25, 2024
Uncategorized
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Onceprofitable options arbitrage collapses in losses Unusual surge in callbuying upended market Stimulus plans, U.S. election seen stoking volatility SHANGHAISINGAPORE, Oct 25 Reuters Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedge fund bruised by wild gyrations in the market since authorities vowed […]

October 25, 2024
Uncategorized
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Oct 25 Reuters Euro zone bank lending rebounded more in September, and German business sentiment has improved more than expected this month, bolstering the view that the euro zone economy has bottomed out, even if there is no rapid recovery in sight. The 20nation bloc39;s economy has expanded at the slowest possible pace for most […]

October 25, 2024
Finance
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In this episode of Bloomberg Expert Access, Derrick Flakoll, North America Policy Associate at BloombergNEF, highlights the impact of state and federal policies and regulations on renewable power markets.

October 25, 2024
Finance
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With data becoming available at unprecedented rates, how can companies maintain operational efficiency while managing increasing data complexity and evolving regulatory requirements? How can an interconnected data approach and cloud technology assist them in reaching that objective?

October 25, 2024
Politics
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BOJ meets Oct 3031, decision expected 03300430GMT Thursday Board likely to keep shortterm rates steady at 0.25 No big change expected to growth, inflation forecasts BOJ may modify view on risks, may signal progress on wage front Governor Ueda to brief media 0630GMT Thursday WASHINGTON, Oct 25 Reuters The Bank of Japan is set to […]

October 25, 2024
Politics
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BRUSSELS, Oct 25 Reuters The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on Chinabuilt electric vehicles, although significant gaps remain, the European Commission said on Friday. The EU is set to impose additional tariffs of up to 35.3 next week on electric vehicles built in China at […]

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Indian LowCost Carrier IndiGo Swings to 1st Quarterly Loss in 2 yrs

Remy to Raise Cognac Prices in China to Offset Tariffs

Packaging, processor growth illustrate a young AI boom

South Korea to Regulate CrossBorder Trade of Virtual Assets

Chinas Market Rollercoaster Claims another Fund

Lending, Sentiment Data Bolster Euro Zone Recovery Narrative

Bloomberg Expert Access: Derrick Flakoll

Maximizing data ROI: How can companies leverage interconnected data?

BOJ may Offer Less Dovish Signs as US Recession Fears Ease, Rates on Hold

EU, China Agree to more Talks on Potential Alternatives to EV Tariffs

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