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Nike's China stumble exposes execution gaps
New Nike China bosses face tough road as execution faltersNike faces domestic competition, consumer slowdown in China marketInsiders say top-down decision-making limits responsiveness to local market needsNike's cultural campaigns aim to resonate with Chinese consumersBy Casey Hall SHANGHAI, ...Reuters
Mon, Mar 30
WTI inches lower to near $99.00 despite broadening Middle East conflict
West Texas Intermediate (WTI) oil price edges lower after three days of gains, trading around $98.90 per barrel during the Asian hours on Monday. However, crude oil prices may recover on supply concerns as expectations for a quick resolution to the Iran conflict continue to fade.
Fxstreet
Mon, Mar 30
German firms trapped between U.S. and China, study finds
By Maria Martinez and Rene WagnerBERLIN, March 30 (Reuters) - German companies are so deeply tied to both the United States and China that they cannot decouple from either without severe economic costs, according to a study by the University of Sussex and King's College London seen by Reuters on...Reuters
Mon, Mar 30
EUR/JPY falls to near 184.00 as BoJ Ueda’s comments lift Japanese Yen
EUR/JPY depreciates after registering small gains in the previous trading day, hovering around 184.00 during the Asian hours on Monday. The currency cross weakens as the Japanese Yen (JPY) firms following remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Mon, Mar 30
Boj’s Ueda: Fx Moves Are Among Factors That Have Huge Impact on Japan's Economy, Prices
Bank of Japan (BoJ) Governor Kazuo Ueda said during Asian trading hours on Monday, after the release of the central bank’s Summary of Opinions, that changes in the foreign exchange (FX) market are key factors that have a huge impact
Fxstreet
Mon, Mar 30
Benchmark Jgb Yields Rise to 27-year High on Inflation Concern
Benchmark Japanese government bonds (JGBs) slumped on Monday, sending yields to a near three-decade high, as the worsening Middle East conflict stoked inflation concerns and expectations for an early central bank interest rate hike.Reuters
Mon, Mar 30
Senate committee plans Warsh's Fed nomination hearing as soon as week of April 13, Punchbowl reports
March 29 (Reuters) - The Senate Banking Committee is planning to hold its hearing on the nomination of Kevin Warsh as chair of the Federal Reserve as soon as the week of April 13, Punchbowl News reported on Sunday, citing two sources familiar with the planning.Political resistance has held up Warsh’...Reuters
Sun, Mar 29
Villeroy says ECB ready to act, but too early to discuss timing of any rate hike
FRANKFURT, March 30 (Reuters) - The European Central Bank is determined to prevent any energy-driven inflation from broadening out, but it is too early to discuss dates for possible interest rate hikes, French central bank chief Francois Villeroy de Galhau told Italy's La Stampa newspaper.The U....Reuters
Sun, Mar 29
Senate committee plans Warsh's Fed nomination hearing as soon as week of April 13, Punchbowl reports
March 29 (Reuters) - The Senate Banking Committee is planning to hold its hearing regarding the nomination of Kevin Warsh as chair of the Federal Reserve as soon as the week of April 13, Punchbowl News reported on Sunday, citing two sources familiar with the planning.Reuters
Sun, Mar 29
Ukraine's Zelenskiy discusses security partnership with Jordan's king
KYIV, March 29 (Reuters) - Ukrainian President Volodymyr Zelenskiy said he discussed a possible security partnership on Sunday with Jordan's King Abdullah over defending against drone attacks amid rising tensions over the Iran conflict."We discussed a possible partnership in the security sph...Reuters
Sun, Mar 29
India warns of growth risks from Middle East conflict as energy costs rise
NEW DELHI, March 28 (Reuters) - India faces downside risks to its growth forecast of 7.0% to 7.4% for the next fiscal year starting April 1, due to higher energy costs and supply disruptions stemming from the Middle East conflict, according to its monthly economic report released on Saturday.The con...Reuters
Sat, Mar 28
IMF, Pakistan reach staff-level agreement on $1.2 billion disbursement
March 27 (Reuters) - The International Monetary Fund and Pakistan has reached a staff-level agreement on the South Asian nation's loan program, a key step toward unlocking $1.2 billion in funding, the fund said on Friday.The agreement, which requires IMF board approval, would give Pakistan acces...Reuters
Sat, Mar 28
Thai Baht: War-driven pressures challenge BOT stance – DBS
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks.Fxstreet
Fri, Mar 27
Water production plant, industrial facility hit in Iran, IAEA says
March 27 (Reuters) - A heavy water production plant at Khondab in Iran was hit on Friday, Iran told the International Atomic Energy Agency."No radiation risk seen as installation contains no declared nuclear material," the U.N. nuclear watchdog said on X.Iran also reported the Khuzestan stee...Reuters
Fri, Mar 27
