BEIJING (Reuters) – China will strive to expand domestic demand, ensure a speedy economic recovery and promote stable growth, according to an interim report on China’s 14th five-year plan[...]
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December 27, 2023
Fed liquidity drains moves spotlight to usage of new lending facility
By Michael S. Derby NEW YORK (Reuters) – The traditional turbulence of money markets at year’s end could pose a first test for a new and so far largely unused central bank liquidity facili[...]
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New World and China Resources to build $1.3 billion Hong Kong housing development
HONG KONG (Reuters) – Hong Kong’s New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project in the financial city[...]
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China’s industrial profits post double-digit gains but recovery uneven
BEIJING (Reuters) -China’s November industrial profits posted double-digit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, embo[...]
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BYD has obtained conditional testing license for level 3 autonomous driving on high-speed roads
BEIJING (Reuters) – Chinese electric vehicle giant BYD said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads. BYD was granted th[...]
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Toyota’s global output surges to record in November on strong demand
TOKYO (Reuters) – Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting from robust demand[...]
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SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar
By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up[...]
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Tesla to roll out revamped Model Y from Shanghai plant – Bloomberg News
(Reuters) -Electric vehicle maker Tesla Inc is preparing to launch a revamped version of its Model Y from its Shanghai plant, Bloomberg News reported on Tuesday, citing people familiar with the matter[...]
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Apple’s iPhone design head to work with Jony Ive at LoveFrom – Bloomberg News
(Reuters) – Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the matter. Tan will[...]
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