By Marc Jones LONDON (Reuters) – The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil…
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday,…
China’s digital yuan stands out in cross-border pilot in a show of global ambition
By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China’s digital yuan took the centre stage in the world’s…
Volvo Cars’ quarterly operating profit falls as higher costs bite
By Marie Mannes (Reuters) -Swedish automaker Volvo Cars said on Thursday it expects lower wholesale volumes this year after it…
Samsung defies chip downturn with aggressive supply and capex plans
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics said on Thursday its supply of memory chips will…
Carlsberg CEO says inflation could hit beer sales in 2023
COPENHAGEN (Reuters) – Danish brewer Carlsberg has seen little evidence of rising inflation hitting beer sales, but that could change…
Rouble gains as central bank set to end rate-cutting cycle
(Reuters) – The Russian rouble climbed in early morning trading on Thursday, a day before the central bank is due…
Samsung boss Jay Y. Lee to build on late father’s legacy
By Joyce Lee SEOUL (Reuters) – As Samsung Electronics’ de facto leader Jay Y. Lee steps up as chairman, daunting…
Japan to unveil $200 billion spending package to ease inflation pain – sources
By Yoshifumi Takemoto and Takaya Yamaguchi TOKYO (Reuters) -Japan will unveil on Friday a fresh spending package of more than…
South Korea ministers pledge to boost economy
SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support…