(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expected jump in second-quarter core earnings thanks to better supply cha[...]
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Chinese petchem firms betting big on energy transition products
By Chen Aizhu SINGAPORE (Reuters) – Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batt[...]
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Singapore June core inflation rises 4.2%, matches forecast
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 4.2% in June, matching economists’ forecasts, official data showed on Monday. Inflation was lower as prices of food an[...]
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China central bank issues draft rules on its data security management
BEIJING (Reuters) – China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and securi[...]
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Australia’s budget surplus set to be nearly five times higher than forecast
By Lewis Jackson SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Monday the country’s first budget surplus in 15 years would be even larger than first forecast. Chalmers said t[...]
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Marketmind: Markets bide time as policymakers plot next moves
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Stella Qiu It’s a week that every investor has squarely on their radar: Three of the world’s biggest ce[...]
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Stellantis, Samsung SDI set plan to build second US battery plant
(Reuters) -French-Italian automaker Stellantis and South Korean battery maker Samsung SDI on Monday said they plan to open a second joint-venture plant in the U.S. to build electric vehicle batteries,[...]
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Japan govt sees inflation slowing next year, calls for BOJ coordination
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s inflation will likely slow to around 1.5% next year when stripping away the effect of one-off factors, a government spokesperson sa[...]
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China’s state planner unveils steps to spur private investment
BEIJING (Reuters) – China’s state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen[...]
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