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Analysis-Foxconn races to become an EV player and the clock is ticking
By Sarah Wu and Ben Klayman TAIPEI/DETROIT (Reuters) - Foxconn wants to do for electric vehicles (EVs) what it has done with the iPhone, but first, it needs to find the next Apple - and fast. The Taiw...
Syndicated Content Mar 05, 2023
Column-Hedge funds put record wager on higher 2-year U.S. bond yield: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Hedge funds entered February holding their biggest ever short position in two-year U.S. Treasuries futures. That's what the most up-to-date Commodity Future...
Syndicated Content Mar 05, 2023
Factbox-Chinese chipmaking equipment manufacturers filling void left by U.S. export restrictions
SHANGHAI (Reuters) - The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chip...
Syndicated Content Mar 05, 2023
Analysis-China’s chip sector needs more than state money to dull impact of US restrictions
By Josh Horwitz SHANGHAI (Reuters) - China plans to splurge to help its chip sector overcome U.S. export curbs, but money can only do so much unless Chinese firms can break from a cycle that hinders i...
Syndicated Content Mar 05, 2023
Dollar subdued as traders eye Powell testimony, jobs report
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a Fe...
Syndicated Content Mar 05, 2023
Oil prices open lower on modest Chinese growth forecast
By Sudarshan Varadhan (Reuters) - Oil prices opened lower on Monday after China set a modest target for economic growth this year of around 5%, lower than market expectations of 5.5% growth in the wor...
Syndicated Content Mar 05, 2023
S.Korea inflation slowest in 10 months, bolsters views for no more hikes
By Jihoon Lee SEOUL (Reuters) - South Korea's consumer prices for February grew at their slowest pace in 10 months, bolstering views that the central bank is done with its current policy tightening cy...
Syndicated Content Mar 05, 2023
Asia stocks rally, bonds tense for U.S. rate tests
By Wayne Cole SYDNEY (Reuters) - Asian shares edged up on Monday while bond markets held their breath ahead of an update on the U.S. rate outlook from the world's most powerful central banker, and a j...
Syndicated Content Mar 05, 2023
Ex-JPMorgan bankers start emerging market infrastructure investment firm
LONDON (Reuters) - Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Lega...
Syndicated Content Mar 05, 2023
Southwest Airlines plane makes emergency landing in Havana after cabin fills with smoke
HAVANA (Reuters) - A Southwest Airlines plane bound for Fort Lauderdale from Havana was forced to return to Cuba's Jose Marti Airport Sunday after an engine reportedly caught fire following a bird str...
Syndicated Content Mar 05, 2023
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