By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while producer prices extended declines, signalling an improvement in domestic demand, as Beijing[...]
Read more
May 12, 2024
Chinese e-commerce giants face delicate balance between discounts, profit
By Casey Hall SHANGHAI (Reuters) – Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the w[...]
Read more
Japan economy expected to shrink in Q1 due to weak consumption
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuter[...]
Read more
New Biden tariffs on China’s EVs, solar, medical supplies due Tuesday – sources
By Trevor Hunnicutt, Jeff Mason and David Shepardson WASHINGTON/SAN FRANCISCO (Reuters) -U.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors,[...]
Read more
Morning Bid: Inflation, tariffs dominate market landscape
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three largest economies – China, the United States and euro zone – sets[...]
Read more
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set[...]
Read more
Chinese companies win more bids to explore for Iraq oil and gas
By Moayed Kenany, Adam Makary and Timour Azhari BAGHDAD (Reuters) -Chinese companies won five more bids to explore Iraqi oil and gas fields, Iraq’s oil minister said on Sunday, as the Middle Eas[...]
Read more
Lufthansa boss vents frustration about Boeing problems
ZURICH (Reuters) – Aircraft delivery delays from Boeing are “extremely annoying” and cost Lufthansa lots of money, but the U.S. planemaker should be able to resolve its problems, the[...]
Read more
British newspaper groups warn Apple over ad-blocking plans, FT reports
(Reuters) -British newspaper groups have warned Apple that any move to impose a so-called “web eraser” tool to block advertisements would put the financial sustainability of journalism at[...]
Read more