JAKARTA (Reuters) – Indonesia plans to subsidise sales of electric cars and motorbikes starting next year so that they become more affordable, a senior government minister said on Tuesday. Coord[...]
Read more
Asia
China property stocks surge on fundraising support; COVID protests cloud demand
By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) -Chinese property developers’ shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the la[...]
Read more
Airbus CEO says supply chain still ‘very complex’
By Tim Hepher BRUSSELS (Reuters) – Airbus will have a clearer picture on 2022 deliveries by the end of November but the supply chain environment “remains very complex”, Chief Executi[...]
Read more
China lift, rates shift, crypto crunch
By Mike Dolan LONDON – A look at the day ahead in U.S. and global markets from Mike Dolan. Although Beijing’s moves to defuse tensions over its COVID-19 management stabilised local and wor[...]
Read more
Renault chairman says confident of reaching deal with Nissan on future of alliance
PARIS (Reuters) – Renault’s chairman on Tuesday told Reuters on Tuesday he was “confident” the French carmaker will reach an agreement with its Japanese partner Nissan on the f[...]
Read more
Capital A to combine AirAsia and AirAsia X as part of restructuring plan
By Jamie Freed (Reuters) – Malaysia’s Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its[...]
Read more
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs
By Yew Lun Tian, Yimou Lee and Brenda Goh SHANGHAI/TAIPEI (Reuters) – When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone fa[...]
Read more
Australia court dismisses customer fees lawsuit against CBA
(Reuters) -The Australian Federal Court has dismissed proceedings initiated by the country’s securities regulator against top lender Commonwealth Bank of Australia over alleged incorrect chargin[...]
Read more
Chevron Australia finds nearly half its workers have suffered workplace bullying
MELBOURNE (Reuters) – Chevron Corp on Tuesday said nearly half its workers in Australia had been bullied in the past five years and nearly a third had experienced sexual harassment, with women s[...]
Read more