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Mercedes car earnings plunge by 64% as China shuns luxury
Reuters, Published on 25/10/2024
» WARSAW - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.
Malaysia’s firing growth engines to drive ringgit, minister says
Bloomberg, Published on 25/10/2024
» Malaysia is on track for faster economic growth, a narrower fiscal gap and steady prices, setting the stage for sustained currency strength and increased investment, Second Finance Minister Amir Hamzah Azizan said.