Wealth Growth Daily

Asia

Toshiba, General Electric to build offshore wind equipment supply chain in Japan-Nikkei

BY Reuters  • July 15, 2023July 15, 2023
TOKYO (Reuters) – Japan’s Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported on Saturday[...]
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Asia Business Europe US

Exclusive-US chip CEOs plan Washington trip to talk China policy – sources

BY Reuters  • July 15, 2023July 15, 2023
By Stephen Nellis, Andrea Shalal and Karen Freifeld (Reuters) – The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according[...]
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Asia Business Technology Updated US

Wall St holds gains after cooler inflation, mixed earnings

BY Reuters  • July 14, 2023July 14, 2023
By Lawrence Delevingne (Reuters) -Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data this week unleashed a wave[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar gains after steep losses, but downtrend stays intact

BY Reuters  • July 14, 2023July 14, 2023
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few days, as investors consolidated losses ahead of the w[...]
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Asia Australia Business Canada Economy Europe UK Updated US

M&G’s Leaviss says U.S. Treasury yields have likely peaked

BY Reuters  • July 14, 2023July 14, 2023
By Divya Chowdhury MUMBAI (Reuters) – U.S. treasury yields have likely peaked, with longer-dated bonds looking attractive as the Federal Reserve is near the end of its hiking cycle, M&G Inve[...]
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Asia Business Economy US

Analysis-Pakistan and Argentina bonds’ surge belies bigger reform hurdles

BY Reuters  • July 14, 2023July 14, 2023
By Libby George and Jorgelina do Rosario LONDON (Reuters) – Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over multilateral support, but th[...]
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Asia Business Economy Elections Politics

China’s BYD says H1 net profit could more than triple

BY Reuters  • July 14, 2023July 14, 2023
HONG KONG (Reuters) – Chinese electric vehicle giant BYD Co LTD forecast strong growth in its six-month net profit on Friday, buoyed by robust car sales and increased market share. Net profit fo[...]
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Asia Business US

Brazilian union sues JBS over alleged exploitation of chicken workers

BY Reuters  • July 14, 2023July 14, 2023
By Ana Mano SAO PAULO (Reuters) – A Brazilian labor union has accused JBS SA of submitting dozens of workers to “degrading conditions,” according to a class action suit filed against[...]
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Asia Business Economy Latin America US

Mazda says needs China strategy overhaul to catch up with market

BY Reuters  • July 14, 2023July 14, 2023
TOKYO (Reuters) -Japan’s Mazda Motor needs to overhaul its strategy in China, the world’s biggest auto market, where it faces increasingly tough competition from domestic players, the auto[...]
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Asia Business Updated US
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