TOKYO (Reuters) – Japan’s Toshiba Corp, which is in talks about a buyout, said in a letter to shareholders on Friday that it was aiming to reach a conclusion with potential partners as soo[...]
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Asia
Electric vehicles confront the leap to the mass market
By Joseph White DETROIT (Reuters) – The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk’s[...]
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China keen on regulatory cooperation in audit of U.S.-listed Chinese firms
BEIJING (Reuters) – The China Securities Regulatory Commission is looking forward to working with U.S. regulators to continue promoting future annual audit and supervision on companies listed in[...]
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Factbox-Chinese companies added to U.S. entity list
WASHINGTON (Reuters) – The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade b[...]
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Stocks slide but dollar gains as central banks continue inflation battle
By Lawrence Delevingne (Reuters) -Shares fell globally on Thursday, while the U.S. dollar gained and Treasury yields ticked down, as major central banks hiked interest rates in their final policy deci[...]
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Lanvin Group to open stores, hunt buys after U.S. SPAC listing
By Casey Hall SHANGHAI (Reuters) – Chinese luxury fashion conglomerate Lanvin Group, owner of the eponymous French fashion brand, said it is scouting for buys and will open new stores, after a N[...]
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Nepal to end eight-month ban on imports of cars, phones as reserves rise
By Gopal Sharma KATHMANDU (Reuters) – Nepal will end an eight-month ban on the import of cars, expensive mobile phones and liquor on Friday as the country’s foreign currency reserves have[...]
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Factbox-Big banks see global economy slowing more in 2023, with likely U.S. recession
(Reuters) – The world’s largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggere[...]
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Exclusive-Grab to cut more costs amid economic chill
By Anshuman Daga SINGAPORE (Reuters) – Grab Holdings, Southeast Asia’s biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic backdrop, the S[...]
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