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Asia

Factbox-Chinese electric vehicle investment plans in Thailand

BY Reuters  • July 9, 2023July 9, 2023
(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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Asia Business

China-led EV boom in Thailand threatens Japan’s grip on key market

BY Reuters  • July 9, 2023July 9, 2023
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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Asia Business Economy

Innovation in EVs seen denting copper demand growth potential

BY Reuters  • July 9, 2023July 9, 2023
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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Asia Business Economy Latin America Technology Top News Updated US

Marketmind: China inflation kicks off week with a bang

BY Reuters  • July 9, 2023July 9, 2023
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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Asia Business Economy US

Republican 2024 hopeful DeSantis supports revoking China’s trade status

BY Reuters  • July 9, 2023July 9, 2023
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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Asia Business Economy Politics Top News US

European firms look for footing in China-U.S. spat, French execs say

BY Reuters  • July 9, 2023July 9, 2023
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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Asia Business Economy Europe US

China sets wide-ranging rules for $2.9 trln private investment funds

BY Reuters  • July 9, 2023July 9, 2023
BEIJING (Reuters) – China published regulations on Sunday for the country’s $2.9 trillion private investment fund sector, seeking to better protect investors and promote innovation. The ne[...]
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Asia Business Economy Technology

U.S. calls Pan Gongsheng China’s central bank ‘head’, suggesting unannounced promotion

BY Reuters  • July 9, 2023July 9, 2023
By Andrea Shalal BEIJING (Reuters) – The United States has repeatedly referred to a senior Chinese central banker as the head or acting head of the People’s Bank of China (PBOC) in recent[...]
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Asia Business Economy Top News

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

BY Reuters  • July 8, 2023July 8, 2023
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard[...]
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Asia Business Economy Europe
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