SEOUL (Reuters) – South Korea’s Hyundai Motor Co and LG Energy Solution Ltd (LGES) are considering building two joint venture battery plants in the United States, a local online news outle[...]
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Asia
NZ faces ‘shallow’ recession as rates need to rise more – senior central banker
By Stella Qiu SYDNEY (Reuters) – New Zealand is likely facing a “shallow” recession as interest rates need to rise further to tame inflation, a top central banker said on Monday, sug[...]
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Marketmind: China crisis brewing
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Purchasing managers index (PMI) data will be the key economic driver for Asian markets this week, but[...]
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France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package
PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act to protect the bloc’s economic interests[...]
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BOJ to conduct annual survey on climate finance to nurture ESG market
By Leika Kihara TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se[...]
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India’s first private rocket company looks to slash satellite costs
By Nivedita Bhattacharjee BENGALURU (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half of[...]
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Foxconn unrest risks iPhone shipments, weighs on Apple shares
By Yimou Lee TAIPEI (Reuters) – Foxconn’s flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source[...]
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Louis Vuitton picks Shanghai for first furniture and homewares store
By Casey Hall SHANGHAI (Reuters) – Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to[...]
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Ivory Coast completes second shipping container terminal
By Loucoumane Coulibaly ABIDJAN (Reuters) – Ivory Coast has completed construction of a second container terminal at its main port in Abidjan, paving the way for it to become a regional shipping[...]
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