By Nell Mackenzie
LONDON (Reuters) -Hedge fund Man Group on Wednesday posted a 14% rise in assets under management to a record $193 billion in the six months to June 30, as new inflows helped offset a drop in pre-tax profit.
"During a particularly volatile first half of 2025, we delivered positive investment performance overall and achieved net inflows of $17.6 billion, 11.5% ahead of the industry," said Robyn Grew, chief executive officer... (continue reading...)
(Reuters) -Spain's European Union-harmonised 12-month inflation rate rose to 2.7% in July, from 2.3% in the period through June, preliminary data from the National Statistics Institute (INE) showed on Wednesday.
The 12-month EU-harmonised inflation was in line with expectations of analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, was 2.3% year-on-year in July, above 2.2% in June, the INE data... (continue reading...)
TOKYO (Reuters) -Panasonic on Wednesday said operating profit at its battery-making energy unit grew strongly in the first-quarter due to the AI investment boom, offsetting negative impact from U.S. tariffs and the termination of EV tax credits.
The profit for the key unit, which makes batteries for Tesla and other electric vehicle makers, posted a 47% year-on-year rise at 31.9 billion yen ($215.63 million).
"Concerns remain over further... (continue reading...)
HONG KONG (Reuters) -China's finance ministry on Wednesday said it had earmarked 90 billion yuan ($12.54 billion) as an initial budget for childcare subsidy payments this year, after authorities announced the payment scheme to boost the birth rate.
($1 = 7.1764 Chinese yuan renminbi)
(Reporting by Farah Master and the Beijing newsroom; Editing by Christopher Cushing)
BANGKOK (Reuters) -Thailand's manufacturing production index rose 0.58% in June from a year earlier, the industry ministry said on Wednesday, missing analysts' expectations.
The figure compared with a forecast year-on-year rise of 1.65% for June in a Reuters poll, and followed an upwardly revised annual increase of 1.94% in May.
(Reporting by Orathai Sriring and Thanadech Staporncharnchai; Editing by Christopher Cushing)
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US cancelled meeting with Taiwan as China trade talks loomed, FT reports
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US cancelled meeting with Taiwan as China trade talks loomed, FT reports
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US cancelled meeting with Taiwan as China trade talks loomed, FT reports
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French economy grew 0.3% in Q2, beating forecasts
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French economy grew 0.3% in Q2, beating forecasts -preliminary GDP
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French economy grew 0.3% in Q2, beating forecasts -preliminary GDP
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French economy grew 0.3% in Q2, beating forecasts -preliminary GDP
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French economy grew 0.3% in Q2, beating forecasts -preliminary GDP
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Adidas says tariffs will add $231 million to second-half costs
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Thailand accuses Cambodia of second ceasefire violation in two days
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Capgemini tightens full-year guidance on caution amid softer demand
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Capgemini narrows full-year guidance as it heads into uncertain third-quarter
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US economic growth likely rebounded in Q2, but with weak underlying details
