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…
China’s yuan briefly hits 1-1/2-week high then sinks into the red
SHANGHAI (Reuters) – The yuan briefly touched a 1-1/2-week high against the dollar before giving back all the gains by…
Taiwan Q3 GDP seen growing 3.2%, struggling against trade headwinds
TAIPEI (Reuters) – Taiwan’s economy likely expanded slightly faster in the third quarter compared to the prior quarter but at…
Toshiba’s preferred bidder struggling to secure equity commitments -sources
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba…