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Micron confirms up to $825 million investment in India chip facility

BY Reuters  • June 22, 2023June 22, 2023
OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India, its f[...]
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Asia Business Economy Technology US

Analysis-Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom

BY Reuters  • June 22, 2023June 22, 2023
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is excited at the prosp[...]
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Asia Business Canada Economy Europe UK US

Marketmind: Dogged central banks rein in risk

BY Reuters  • June 22, 2023June 22, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan Even if investors sense light at the end of the tunnel, Western central banks are clearly not finished tightening credit just yet[...]
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Asia Business Economy Europe Politics UK US

Netflix CEO says $2.5 billion Korean investment won’t exploit local talent

BY Reuters  • June 22, 2023June 22, 2023
SEOUL (Reuters) – Netflix co-CEO Ted Sarandos pledged on Thursday that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for the st[...]
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Asia Business Entertainment and Lifestyle Technology Updated US

Battle of billionaires: Musk’s Starlink eyes India, Ambani resists

BY Reuters  • June 22, 2023June 22, 2023
By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink satellite broadband to India, but the world’s richest man faces strong resis[...]
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Asia Business Economy Technology Top News

Renault Korea to manufacture EVs in city of Busan: city government

BY Reuters  • June 22, 2023June 22, 2023
SEOUL (Reuters) – Renault Korea Motors plans to build infrastructure at its plant in the southeastern city of Busan to manufacture electric vehicles (EVs), the Busan city government said. The au[...]
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Asia Business Europe

Japan raises view on employment in June for first time in 11 months

BY Reuters  • June 22, 2023June 22, 2023
By Kaori Kaneko TOKYO (Reuters) – Japan’s employment trends showed “improvement recently”, the government said in its latest monthly assessment of the economy, noting a decline[...]
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Asia Business Economy

China to tread warily on easing as concerns over impact on banks mount

BY Reuters  • June 22, 2023June 22, 2023
(Corrects story to delete extraneous word in bullet point, fix abbreviation in paragraph 4.) By Kevin Yao and Ziyi Tang BEIJING (Reuters) – China’s central bank is likely to cut lending ra[...]
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Asia Business Economy Updated

Australia to decide fate of central bank chief in July

BY Reuters  • June 22, 2023June 22, 2023
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as customary, or be passed over for a new leader as pa[...]
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Asia Australia Business Economy Politics Updated
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