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Patek Philippe chief not worried for top-end Swiss watches
Patek Philippe chief not worried for top-end Swiss watches
Economy
by  AFP

Patek Philippe's chief says he is not anxious about the prospects for top-end timepieces, despite Swiss watch exports slowing overall after three years of spectacular growth. "Right now, I can't think of a market in trouble -- not at the top end, in any case," Stern said.

Asian stocks struggle to track Wall St higher, earnings in focus
Asian stocks struggle to track Wall St higher, earnings in focus
Economy
by  AFP

Asian markets mostly fell Friday as traders struggled to build on Wall Street's positive lead, with hopes for a June interest rate cut fading, while earnings season gets underway in the United States amid optimism for companies' profit outlooks. Analysts said that while reducing interest rates would be a major boost for equities, investor optimism about company profits was crucial.

Educated and unemployed: India's angry young voters
Educated and unemployed: India's angry young voters
Economy
by  AFP

At a run-down job centre in the suburbs of India's financial capital Mumbai, 27-year-old Mahesh Bhopale dreams of a well-paid government post -- just like millions of other young, unemployed graduates. The International Labour Organization estimates 29 percent of India's young university graduates were unemployed in 2022.