By Satoshi Sugiyama and Tim Kelly TOKYO (Reuters) -Toyota Motor Corp chief Akio Toyoda is set to remain a dominant…
POSCO expects slow market recovery in 2023 after big drop in annual profit
By Hyunsu Yim SEOUL (Reuters) – POSCO Holdings, parent of South Korea’s biggest steelmaker POSCO, on Friday reported a 46.7%…
India’s Adani dollar bonds hit lowest since November
LONDON (Reuters) – Dollar bonds issued by entities of India’s Adani Group tumbled on Friday as a scathing report by…
Signify more upbeat on 2023 profitability, skips sales outlook
By Diana Mandia (Reuters) – Signify, the world’s largest lighting maker, on Friday gave a more upbeat forecast for operating…
India market regulator increases scrutiny of Adani group – sources
By Jayshree P Upadhyay (Reuters) – India’s market regulator has increased scrutiny of deals by the Adani Group over the…
Toyota boss bows out on news outlet he trusts – his own
By Sam Nussey and Kantaro Komiya TOKYO (Reuters) -When the head of Toyota announced on Thursday he would step down…
India’s Tata Motors surges 8% on first quarterly profit in 2 years
BENGALURU (Reuters) -Shares of Tata Motors Ltd, India’s No.3 carmaker by volume, rose as much as 8.2% to a more-than-four-month…
Seven EU countries oppose new EU funding as response to U.S. subsidy plan – letter
By Jan Strupczewski BRUSSELS (Reuters) – Plans by the European Commission to create new European Union funding for the green…
EV battery giant LG Energy Solution upbeat on N.America market outlook
By Heekyong Yang and Hyunsu Yim SEOUL (Reuters) – Battery maker LG Energy Solution (LGES) said on Friday demand for…
South Korea pension fund will deplete faster than expected, report says
SEOUL (Reuters) – South Korea’s huge national pension fund is set to see its pool of money depleted by 2055,…