SHANGHAI (Reuters) - Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining Beijing's current push to lift innovation in the economy.
Venture capital firms said at the three-day ChinaVenture Investment Conference in Shanghai that they were struggling to recoup investment through the traditional route of initial public offerings.
... (continue reading...)TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for artificial intelligence servers and after coming off a low base a year ago.
Last month, the company said first-quarter revenue slid 10% from a year earlier but it has been bullish about 2024.
Net profit for January-March for Apple's top iPhone assembler... (continue reading...)
TOKYO (Reuters) - Japan's Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceeded analysts' estimates in the fourth quarter as strong sales growth in the United States offset a decline in China.
Japan's second-largest automaker by volume forecast full-year operating profit would rise to 1.42 trillion yen ($9.13 billion) compared with an average profit estimate of 1.39 trillion yen in a poll of 22 analysts by... (continue reading...)
By Suban Abdulla and David Milliken
LONDON (Reuters) -Britain's economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year and delivering a boost to Prime Minister Rishi Sunak ahead of an election.
The Office for National Statistics said gross domestic product expanded by 0.6% in the three months to March, the strongest expansion since the fourth... (continue reading...)
By Joan Faus
BARCELONA (Reuters) - Catalans vote on Sunday in a regional election that could determine the stability of Spain's Socialist-led government and also gauge the strength of a pro-independence movement that has roiled the country for a decade.
A government led by Prime Minister Pedro Sanchez's Socialist party in Catalonia after a decade of separatist governments would usher in a new era, said political scientist Toni Rodon.
... (continue reading...)More Reuters
View Older Stories-
Column-Forget market angst, just 'KISS' and make up: Mike Dolan
-
Analysis-Europe sees two-speed IPO recovery as smaller deals lag
-
French minister vows better protection of military sexual abuse victims -Le Monde
-
Ukraine drone attack sparks fire at refinery in Russia's Kaluga, RIA reports
-
SoftBank seen returning to loss in Q4 despite tech stock strength
-
Philippines calls for expelling Chinese diplomats as South China Sea row escalates
-
Philippine calls for Chinese diplomats to be expelled for disinformation
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Blinken report expected to say Israel is not breaking weapons terms, Axios reports
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
-
Analysis-Why German politicians are facing growing violence
