JAKARTA (Reuters) – Indonesia is finalising agreements with China’s automaker BYD Group and U.S. carmaker Tesla to invest in electric…
ECB must keep raising rates to fight off inflation, Lane says
FRANKFURT (Reuters) -The European Central Bank must raise interest rates to a level that starts to restrict growth and their…
Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
(Reuters) -Taiwan’s Foxconn has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year…
Nissan directors endorse steps to reach deal with Renault-sources
By Maki Shiraki TOKYO (Reuters) – A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and…
Marketmind: Ugly duckling
A look at the day ahead in European and global markets from Anshuman Daga While Chinese economic data didn’t come…
New BOJ governor nominee likely to be presented to parliament Feb 10 -sources
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) -The Japanese government is likely to present its nominees for the next…
Indonesia central bank sees 2022 Q4 GDP growth at 4.81%
JAKARTA (Reuters) – Indonesia’s economic growth in the fourth quarter of 2022 may have slowed to 4.81% on a yearly…
Evergrande said to propose two offshore restructuring options- Bloomberg News
(Reuters) -Embattled property developer China Evergrande Group has been discussing a restructuring proposal with creditors that includes two options for…
China’s COSCO SHIPPING Holdings to pay over $800 million for 5.8% stake in COFCO Fortune
BEIJING/HONG KONG (Reuters) – China’s COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a…
Singapore’s Dec non-oil domestic exports fall 20.6% yoy
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics…