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South Korea police defend probe of ‘Parasite’ actor who was found dead
By Jack Kim and Jimin Jung SEOUL (Reuters) - The head of the district police force that investigated South Korean actor Lee Sun-kyun over allegations of illegal drug use on Thursday defended the tough...
Syndicated Content Dec 28, 2023
Sinopec forecasts China’s coal consumption to peak around 2025
(Reuters) - China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an outlook released on Thursday. Non-fossil e...
Syndicated Content Dec 28, 2023
Russian rouble firms vs dollar, euro amid tax support
MOSCOW (Reuters) - The Russian rouble firmed against the U.S. dollar and euro on Thursday, receiving support from month-end corporate taxes. At 0743 GMT, the rouble was 0.9% stronger against the dolla...
Syndicated Content Dec 28, 2023
China smartphone maker Xiaomi unveils first electric vehicle
BEIJING (Reuters) - China's Xiaomi took the wraps off its first electric vehicle on Thursday - a highly anticipated model that is expected to make the most of its shared operating system with the comp...
Syndicated Content Dec 28, 2023
Can sizzling Magnificent Seven trade keep powering US stocks in 2024?
By Lewis Krauskopf NEW YORK (Reuters) - As a strong year in U.S. stocks winds down, fund managers face a potentially consequential choice in 2024: stick with the few massive growth and technology name...
Syndicated Content Dec 28, 2023
Biggest two-month rally in decades rescues beaten-up bond markets
By Harry Robertson LONDON (Reuters) - A huge two-month rally in bond prices, powered by expectations that central banks will soon be cutting interest rates, has rescued fixed income markets from an al...
Syndicated Content Dec 28, 2023
Red Sea shipping workarounds add costs, delays for suppliers, retailers
By Lisa Baertlein LOS ANGELES (Reuters) - Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from th...
Syndicated Content Dec 28, 2023
China’s Dec factory activity likely contracted for third month: Reuters poll
BEIJING (Reuters) - China's manufacturing activity likely contracted for the third consecutive month, a Reuters poll showed on Thursday, weighed by soft demand for manufactured goods, a reading that w...
Syndicated Content Dec 27, 2023
China pressures influential Taiwanese band ahead of elections – sources
By Yimou Lee TAIPEI (Reuters) - China has pressured an influential Taiwanese rock band called Mayday to make pro-China comments ahead of Taiwan's key elections next month, according to sources with di...
Syndicated Content Dec 27, 2023
Toyota’s Daihatsu to compensate lower-tier suppliers for suspended production
TOKYO (Reuters) - Toyota Motor's small-car unit Daihatsu Motor said on Thursday it would compensate lower-tier contractors in its supply chain to cushion the blow from an indefinite production stoppag...
Syndicated Content Dec 27, 2023
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