China’s market revival hinges on gloomy economy turning corner
China’s markets shed the “uninvestable” tag this year. To bury it for good, investors say an acceleration in the domestic economy is needed so the bullishness does not fizzle out. The…
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gloomy
Li Auto adds to gloomy China EV outlook with revenue miss
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020 Li Auto’s fourth quarter forecasts fell short of expectations, adding to investor concerns about its…
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than three months ago, keeping alive the possibility of a…
BOJ may paint less gloomy view, signal rate-hike resumption
The Bank of Japan (BOJ) is set to hold off raising interest rates on Thursday (Jul 31) but may offer a less gloomy view on the outlook after Tokyo’s trade agreement with the US last week,…
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows it to overhaul gloomy projections made in May, its…
Ruble 'panic attack'—Putin faces gloomy Russian headlines
Russian newspapers responded with a mixture of shock and outrage on Thursday after the value of the ruble fell below 114 to the dollar on Wednesday, its worst performance since March 2022.…