By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled construction boom enriched the country’s shadow banks,[...]
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Asia
Dollar rises as inflation pressures persist; FOMC meeting in focus
By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday after data showed producer prices in the United States rose more than expected last month, pointing to persistent inflationary pressu[...]
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Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on pri[...]
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Chinese consumers wary of splurging after COVID strictures fall
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but Jorry Fan, who lives in the eastern city[...]
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Marketmind: Last hurrahs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The finishing line for one of the most turbulent financial market years on record is in sight, but inv[...]
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Volkswagen’s Skoda considers withdrawing from China – media report
BERLIN (Reuters) – Czech carmaker Skoda Auto, part of Volkswagen, is considering withdrawing from China and will make a final decision next year, CEO Klaus Zellmer was quoted as saying by the we[...]
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Exclusive-Air India nears historic order for up to 500 jets -sources
By Tim Hepher and Aditi Shah PARIS/NEW DELHI (Reuters) – Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing[...]
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Australia’s Telstra suffers privacy breach, 132,000 customers impacted
SYDNEY (Reuters) – Australia’s largest telecoms firm Telstra Corp Ltd said on Sunday that 132,000 customers were impacted by an internal error that led to disclosure of customer details. T[...]
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Taiwan mulls WTO case after latest Chinese import bans
TAIPEI (Reuters) – Taiwan may take China to the World Trade Organization after the country effectively banned the import of more Taiwanese food and drink products, Premier Su Tseng-chang said on[...]
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