How China’s slowdown is deepening Hong Kong’s ‘existential crisis’

[ad_1] Rosanne Wong should be enjoying a year of recovery at her four cigar shops in Hong Kong, after three years of Covid restrictions were finally lifted at the start…

Global slowdown, geopolitics biggest concerns for Hong Kong firms in year ahead

[ad_1] Two in three firms in Hong Kong expect their business turnover to remain unchanged or to decline in 2024 because of external uncertainties, a survey by one of the…

Economists cut Singapore’s 2024 growth forecast amid global slowdown fears: MAS survey

[ad_1] SINGAPORE – Private-sector economists lowered their 2024 growth expectations for export-driven Singapore mainly because of the heightened risk of a global economic slowdown. The Republic’s gross domestic product (GDP)…

Here’s what inflation’s slowdown has meant for US businesses | CNN Business

[ad_1] Washington, DC CNN  —  American businesses are expected to fare better in the coming months, according to a survey of economists and analysts released Monday. Inflation’s steady slowdown this…

Opinion: Plunging consumer confidence suggests spending slowdown could get much worse

[ad_1] Bank of Canada Governor Tiff Macklem keeps telling us that Canada hasn’t fallen into a true recession. Most economists tend to agree with him. Certain economics columnists at national…

Hong Kong stocks fall as banks, BYD slip before reports showing China slowdown

[ad_1] Hong Kong stocks approached a two-week low before reports this week that may show more signs of China’s economic slowdown. Banks slipped amid speculation they will be asked to…

Can’t pretend not to see economic slowdown says Bonomi – English

[ad_1] (ANSA) – ROME, NOV 24 – An economic slowdown is underway and we cannot pretend not to see it, Confindustria President Carlo Bonomi said on Friday.     “We cannot…

European stocks lower; Siemens up 6% on earnings, Burberry down 10% as luxury spending slowdown bites

[ad_1] 2 Mins Ago U.S. stocks move lower 2 Hours Ago European losses deepen in afternoon trade The pan-European Stoxx 600 index was down 0.5% by early afternoon, with oil…

Burberry Warns of Profit Hit Amid Slowdown in Luxury Demand

[ad_1] Burberry Group warned that the global slowdown in luxury demand is hurting its performance and that it is unlikely to achieve its guidance if the trend continues, despite beating…

Economic slowdown depressing demand for loans – ABI – English

[ad_1] (ANSA) – ROME, NOV 15 – Italian banking association ABI said in a report on Wednesday that economic growth is slowing in Italy and this is depressing demand for…