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Stories

UKs surging shop price inflation slows in June

The British Retail Consortium said prices in supermarkets and retail chains rose by 8.4% in June compared with the same month last year, down from May's 9.0% annual increase which was the highest rate since the BRC's records began in 2005. Get more UK latest news at TimesWire's UK edition.

Hong Kongs IPO market expected to rebound in 2023

Hong Kong's IPO market is set for a rebound in 2023 after being among the worst-performing stock markets in 2022. Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery.

Jenny Craig collapses in Australia and New Zealand

Weight loss giant Jenny Craig's Australian and New Zealand operations have gone into voluntary administration. After 40 years in business, weight-loss chain Jenny Craig has announced it is closing down in the U.S., Canada, and possibly several other markets around the world.

Expanding inflationary pressures in Japan tests BOJs dovish stance

Japan's broadening inflation is testing the Bank of Japan's dovish stance. New BOJ Governor Kazuo Ueda has vowed to keep monetary policy ultra-loose until there is more evidence the rise in inflation has become sustainable and driven by strong demand rather than supply pressures. Know more about this news at the Asia's largest online news edition, the Genuine-Reporter-Asia.

US Banks May Tighten Lending - Nation Press News Report

Janet Yellen said U.S. banking system would be more cautious and may become more strict regarding the lending rules due to the recent bank failures in the last month. How this would impact the financial market in the U.S. and will it affect the global market? Find out more about it at the online edition of Nation-Press-News.

EV brand Li Auto Reports 66 percent Growth

Chinese EV brand Li Auto shows 66% growth in the initial three months of the current year, which is up by nearly 66% from the first quarter of the previous year, 2022. Have a look at the EV market trends accross the world at Genuine-Reporter's global edition.