PRAGUE (Reuters) – The Czech National Bank has not been present in currency markets to defend the crown since its…
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares…
Hong Kong’s economy shrinks for third straight quarter, outlook dims
HONG KONG (Reuters) – Hong Kong’s economy contracted 4.5% in the third quarter from a year earlier, advance government data…
Malaysia posts fastest economic growth in over a year, outlook clouded
By Rozanna Latiff and Mei Mei Chu KUALA LUMPUR (Reuters) -Malaysia’s economy expanded at its fastest pace in over a…
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) – Apple supplier Foxconn plans to quadruple the workforce at its…
TuSimple names new CEO, replaces ex-boss fired after probe into ties to Chinese firm
(Reuters) – TuSimple Holdings Inc’s former chief executive Cheng Lu is returning to the role, days after the self-driving trucking…
BOJ must phase out yield cap, negative rate – govt panel member Okina
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) must redefine its inflation target and…
Moody’s cuts India’s 2022 GDP growth forecast to 7%, sees 2023 growth at 4.8%
MUMBAI (Reuters) – Rating agency Moody’s cut India’s growth projections for the current and next calendar year due to higher…
Rouble firms towards 60 vs dollar amid jump in oil prices
(Reuters) – The rouble firmed to a five-week high of near 60 versus the dollar in early trade on Friday,…
Japan’s Toshiba slashes profit outlook after second-quarter slump
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp on Friday cut its full-year operating profit outlook after a 75% slump in…