Data showing Chinese GDP growth slowed raises fears for global economy
Among the airlines, budget airline Ryanair fell just under 1 per cent, largely in line with the aviation sector.
Shares of Ocado Group fell 6.6 per cent after its online joint venture Ocado Retail said its customers purchased fewer items per order in the run-up to Christmas in response to the cost-of-living crisis. The benchmark index still gained nearly 7 per cent in an upbeat start to the year, spurred by hopes of a rebound in China’s economy, easing of price pressures and growing expectations of a milder-than-expected recession.
Morgan Stanley jumped 4.4 per cent as it beat analysts’ estimates for fourth-quarter profit as its trading business got a boost from market volatility.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China’s reopening economy will drive global air traffic to pre-pandemic levels by June
Read more »
Global healthcare group UPMC to acquire Sports Surgery Clinic in SantryFounded in 2007 by orthopaedic surgeon Ray Moran, the 101-bed SSC has become a centre of excellence for joint replacement
Read more »
Sports Surgery Clinic in Santry sold to global healthcare group UPMCFounded in 2007 by orthopaedic surgeon Ray Moran, the 101-bed SSC has become a centre of excellence for joint replacement
Read more »
Global temperatures could rise ‘off the chart’ with return of El Niño this year, scientists warnCombination of El Niño and climate change could lean to unprecedented heatwaves
Read more »
Global temperatures could rise ‘off the chart’ with return of El Niño this year, scientists warnCombination of El Niño and climate change could lean to unprecedented heatwaves
Read more »
Aidan Regan: Global tax games fuel wealth inequality and erode democracyIreland may profit from its privileged position on the gameboard, but the real winners in global tax games are the super-rich owners of Big Tech and Big Pharma corporations, writes Aidan_Regan.
Read more »