Volkswagen third quarter deliveries fall on plummeting China demand
Volkswagen reported a 14.3% decline in global deliveries in the third quarter on Monday, dragged by a further drop in demand in the Chinese market.
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Volkswagen reported a 14.3% decline in global deliveries in the third quarter on Monday, dragged by a further drop in demand in the Chinese market.
AJAYGARH: Standing knee-deep in the Ken River, with mud smeared on her face to symbolize a connection to land her family has farmed for more than a century, Bitti Bai Kondar is among hundreds of…
JAKARTA: Chicago wheat and corn fell for a fourth straight session on Monday as investors awaited the US Department of Agriculture’s weekly harvest progress report due on Tuesday.
Technology giant Tencent said on Monday it proposes to issue notes under its global medium-term note programme and will provide potential investors with recent corporate and financial information…
Iron ore prices rose on Monday , supported by expectations of restocking by Chinese steelmakers following a week-long holiday, although prospects of increased supply capped gains.
BANGKOK: The Thai baht was steady against the US dollar on Monday. At the baht was 0.01% higher at 33.50 versus the dollar, after trading in a range of 33.490 to 33.555.
SYDNEY: The Australian dollar edged higher on Monday after snapping a four-week losing streak last week as investors awaited RBA minutes and jobs data to gauge the path of interest rates there…
Australian shares climbed to their highest level in more than a week on Monday as mining and technology stocks gained, while investors awaited a busy slate of quarterly production reports, including…
SHANGHAI: China’s yuan hovered near a 3-1/2-year against the dollar on Monday, as reduced expectations of an October US rate hike lent support, while simmering trade tensions could cloud the outlook.
SHANGHAI: China stocks fell on Monday, as Beijing’s supportive gestures failed to steady a sliding market, with investors unsettled by higher global interest rates and rising geopolitical tensions.
KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday, after falling in the previous session, supported by firmer Dalian palm olein, though weaker soyoil and crude oil prices capped the…
HONG KONG: AirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline…
BEIJING: China and the European Union held “intensive consultations” on the trade of hybrid and electric vehicles, as well as efforts to balance economic and trade concerns, the commerce ministry…
BANGKOK: Pakistan’s economy is expected to grow by more than 4% this fiscal year despite elevated oil prices, as the government looks to push for the privatisation of five to six entities that could…
Tariq Kirmani has resigned as chairman and director of Pakistan Refinery Limited (PRL) on health grounds, effective October 9, 2026.
TAIPEI: TSMC, the world’s largest manufacturer of advanced AI chips, will likely report a sixth consecutive quarter of record earnings, driven by booming infrastructure spending in the tech sector.
Indian shares are set to open higher on Monday after snapping their longest weekly losing run in 25 years on Friday, as oil prices fell on expectations of a Russia-Ukraine energy ceasefire and the…
SINGAPORE/SHANGHAI: The dollar held ground near its strongest level in a year and a half in early Asian trade on Monday as an escalating Middle East conflict kept investors wary ahead of key US…
SYDNEY: Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports…
ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued a fresh valuation ruling for imported almonds, setting customs values ranging from USD1.41 to USD3.81 per kilogram…
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