Growing protests over tough pandemic restrictions in China – the world’s second largest economy – are injecting a new element of uncertainty and instability into the global economy as nations already struggle to manage the fallout from a war in Ukraine, an energy crisis and painful inflation. For years, China has served as a global …
Chinese lockdown unrest upends global economic outlook Read More »
Indian stocks hit all-time highs Indian stocks hit new highs in Monday’s session. The Nifty 50 Index, the flagship index of the National Stock Exchange of India, reached 18,611.05, surpassing the previous intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 during the morning session in India, also surpassing previous record …
Hong Kong stocks lead losses in Asia on unrest in China, oil at 2022 low Read More »
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone …
Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest Read More »
