TOKYO (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into…
Kremlin says it is finalising last details of response to oil price cap
(Reuters) – The Kremlin said on Friday it was finalising the last details of how it would respond to the…
Russia’s Urals oil averaged $57.49/bbl in past month, below price cap
MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec.…
India’s textile industry faces tough times as consumers cut spending
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s $200 billion textile and apparel industry is facing a…
Volkswagen: decision on location of battery plant in eastern Europe coming soon
BERLIN (Reuters) – Volkswagen will soon make a decision on the location of its planned battery plant in Eastern Europe…
China to reform securities settlement system
SHANGHAI (Reuters) – China’s securities regulator said on Friday it will launch a reform this month to bring the country’s…
South Korea pension fund opens up FX hedging limit to maximum 10%
By Jihoon Lee SEOUL (Reuters) -South Korea’s mammoth state pension fund will hedge foreign exchange risks for up to 10%…
China’s re-opening to lift Asia equity capital market volumes from three-year lows
By Scott Murdoch SYDNEY (Reuters) – Asian equity capital markets activity, languishing at three-year lows now, is set to get…
No Santa rally for markets as central banks dampen peak rate hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Forget a year-end rally in financial markets. The message from major central…
Sony considers $5.8 billion smartphone sensor factory in Japan – media
TOKYO (Reuters) – Sony Group Corp is considering an investment of about 800 billion yen ($5.83 billion) to build a…