Recent Posts

Toshiba’s chaotic earnings raise doubts over grip on business

  Bloomberg Toshiba Corp. had promised on Tuesday would be the day it explained the depth of trouble in its nuclear business. Instead, the company provided hours of chaos that shook investor confidence and raised new questions about the company’s future. It began with Toshiba confirming plans to report earnings at noon in Tokyo, including a looming multibillion-dollar loss in ...

Read More »

Steel resurgence fizzles as China’s property market slows

  Bloomberg Steelmakers aren’t out of the woods yet. A year-long rebound risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a US-based hedge fund manager and former Citigroup Inc. analyst. “China’s real estate sector is the biggest X-factor for the steel market globally this year,” Ivan Szpakowski, chief investment officer at ...

Read More »

China factory prices surge most since 2011, boosting reflation

  Bloomberg China’s producer prices increased the most since 2011, with the world’s biggest exporter further lifting the outlook for global inflation. Producer price index rose 6.9 percent in January from a year earlier, compared with a median estimate of 6.5 percent in a Bloomberg survey and a 5.5 percent December gain. Consumer-price index climbed 2.5 percent, boosted by the ...

Read More »
Send this to a friend