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China, Europe follow Brazil's Bolsonaro onto Davos stage

China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite. Top billing at the World Economic Forum will go to Chinese Vice President Wang Qishan, a key...

Sony to shift UK HQ to avoid Brexit disruption

Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said Wednesday. "We are moving the location of our European headquarters' registration to the...

Asian markets swing as dealers battle uncertainty

Asian markets fluctuated Wednesday following a negative lead from Wall Street as investors grow nervous about the chances of success in China-US trade talks ahead of a crunch meeting next week. The mood remains cautious, with the rally that has characterised the start of the year stuttering...

Bank of Japan lowers inflation forecasts again

Japan's central bank again revised down its inflation forecasts on Wednesday, in the latest sign of its struggle to reach a long-sought two percent rate that officials consider key to boost the economy. After a two-day meeting the policy board left its mammoth monetary easing programme in...