By Heekyong Yang SEOUL (Reuters) – Kia Corp launched on Thursday the company’s first compact electric sports utility vehicle built on its dedicated EV platform, betting it can win over buy[...]
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May 23, 2024
Morning bid: Nvidia aces Fed, tense Taiwan and UK poll
A look at the day ahead in U.S. and global markets from Mike Dolan Yet another quarterly earnings beat from AI-chip behemoth Nvidia catapulted Wall St stock futures higher again on Thursday – ba[...]
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Analysis-How can Milei unlock Argentina’s copper riches? Fix the economy
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina has big ambitions for the untapped copper riches in its Andean north. It wants to be a top 10 global producer and has attracted investors such[...]
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China push on company dividends should attract investment, regulator says
By Huw Jones LONDON (Reuters) -Government policies to encourage companies to pay more dividends should make China’s stock market more attractive for overseas investors, a senior Chinese regulato[...]
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US plans $75 million grant to Absolics for advanced chip packaging
By David Shepardson WASHINGTON (Reuters) – The US Commerce Department said on Thursday it plans to grant $75 million to Absolics for constructing a 120,000-square-foot facility in Georgia that w[...]
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China Vanke granted $2.8 billion onshore syndicated loan facility
HONG KONG (Reuters) – Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push[...]
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Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027
(Reuters) -U.S. drugmaker Pfizer on Wednesday launched a new multi-year program to reduce its expenses by about $1.5 billion by the end of 2027, adding on to a $4 billion cost cutting plan it announce[...]
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China planemaker COMAC eyes Saudi Arabia for global expansion
By Lisa Barrington SEOUL (Reuters) – Chinese planemaker COMAC is eyeing Saudi Arabia as a launch pad for its international ambitions, as the state-owned company steps up efforts to sell overseas[...]
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Thai exports return to growth in April, beat forecast
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s exports returned to growth in April, and at a much faster pace than analysts’ expectations, and the commer[...]
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