By Yimou Lee TAIPEI (Reuters) – Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Mo[...]
Read more
Asia
Investors bet China’s rally on easing COVID curbs will be furious but fleeting
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors piling into China’s tourism, catering and beverage stocks as Beijing eases strict COVID-19 curbs are also keeping an e[...]
Read more
Komatsu CEO: no immediate plan to withdraw from Russia
TOKYO (Reuters) – Komatsu Ltd, the world’s second-largest construction machinery maker after Caterpillar Inc, has no immediate plan to withdraw from its Russian operations, it said on Mond[...]
Read more
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
BEIJING (Reuters) – China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pande[...]
Read more
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle[...]
Read more
Marketmind: Capped
A look at the day ahead in European and global markets from Tom Westbrook: The Fed is in blackout and the World Cup is starting to get serious. And this week’s calendar is relatively light, leav[...]
Read more
China’s BYD to start selling EVs in Japan by early 2023
By Satoshi Sugiyama TOKYO (Reuters) – BYD Co’s Japanese division said on Monday it would start selling its first battery electric vehicles (BEVs) in the country early next year, as the wor[...]
Read more
Yuan jumps past 7 per dollar as China eases some COVID curbs
SHANGHAI (Reuters) – China’s yuan firmed past the closely watched 7-per-dollar level on Monday, hitting its strongest since mid-September, as Beijing eased some of its strict COVID-19 curb[...]
Read more
Taiwan export decline seen picking up pace in November: Reuters poll
TAIPEI (Reuters) – Taiwan’s exports likely dropped in November for the third month in a row and at a much sharper pace, amid fears of a global recession, uncertainties due to the war in Uk[...]
Read more