By Satoshi Sugiyama TOKYO (Reuters) – BYD Co’s Japanese division said on Monday it would start selling its first battery electric vehicles (BEVs) in the country early next year, as the wor[...]
Read more
December 5, 2022
Yuan jumps past 7 per dollar as China eases some COVID curbs
SHANGHAI (Reuters) – China’s yuan firmed past the closely watched 7-per-dollar level on Monday, hitting its strongest since mid-September, as Beijing eased some of its strict COVID-19 curb[...]
Read more
Taiwan export decline seen picking up pace in November: Reuters poll
TAIPEI (Reuters) – Taiwan’s exports likely dropped in November for the third month in a row and at a much sharper pace, amid fears of a global recession, uncertainties due to the war in Uk[...]
Read more
Bargains begin luring big banks back to China bets for 2023
By Summer Zhen and Tom Westbrook HONG KONG (Reuters) -As Chinese assets whipsaw around hopes and fears over the country’s path out of the pandemic, big offshore investors are slowly leaving the[...]
Read more
China services activity shrinks to 6-month lows – Caixin PMI
BEIJING (Reuters) – China’s services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey[...]
Read more
Japan’s service-sector activity growth hits 3-month low -PMI
TOKYO (Reuters) -Japan’s service sector activity grew in November at the slowest pace in three months, as relentless inflation dampened a part of the economy that was benefiting from the return[...]
Read more
Credit Suisse’s investment bank draws interest from Saudi crown prince – WSJ
(Reuters) – Investors including Saudi Arabia’s crown prince and a U.S. private-equity firm run by a former Barclays CEO have shown interest in investing $1 billion or more in Credit Suisse[...]
Read more
U.S., France agreed to “fix” U.S. subsidies issues, says Macron
(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix” issues arising from U.S. legislation that includes subsidies for[...]
Read more
Factbox-G7 price cap on Russian seaborne crude oil – main elements
BRUSSELS (Reuters) – The Group of Seven nations, Australia and the 27 European Union countries imposed on Dec. 5 a price cap on Russian crude oil transported by ships, aiming to reduce Moscow[...]
Read more