(Reuters) – Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in Southeast Asia’s biggest automaking hub t[...]
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July 9, 2023
China-led EV boom in Thailand threatens Japan’s grip on key market
By Devjyot Ghoshal and Pasit Kongkunakornkul BANGKOK (Reuters) – Thailand’s Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four cars a day, leading to a pr[...]
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Innovation in EVs seen denting copper demand growth potential
By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal a[...]
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Marketmind: China inflation kicks off week with a bang
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of key economic data releases showing whether China is starting[...]
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Republican 2024 hopeful DeSantis supports revoking China’s trade status
By Kanishka Singh WASHINGTON (Reuters) – Republican U.S. presidential candidate and Florida Governor Ron DeSantis said on Sunday he would take steps to revoke China’s permanent normal trad[...]
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Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper reported[...]
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European firms look for footing in China-U.S. spat, French execs say
By Mathieu Rosemain and Leigh Thomas AIX-EN-PROVENCE, France (Reuters) – European firms are concerned they could get caught in the cross-fire of rising economic rivalry between the United States[...]
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As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground regardless of whether the U.S. economy falls into recessi[...]
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Eramet in talks with European carmakers over Argentina lithium plan – CEO
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – French mining group Eramet is in talks with several European carmakers over commercial agreements that would help the company finance its[...]
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