Category Archives:
Panasonic Q1 profit rises 42%, in line with market expectations
TOKYO (Reuters) - Japan's Panasonic Holdings on Monday posted a 42% rise in first-quarter profit to 90.37 billion yen ($636 million), largely matching analysts' estimates. Operating profit for the thr...
Jul 31, 2023
Analysis-Words only go so far: Investors want property fixed before buying China
By Summer Zhen and Carolina Mandl HONG KONG/NEW YORK (Reuters) - For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to...
Jul 31, 2023
Analysis-Biggest hurdles to China entry into trans-Pacific trade pact are political
By Lucy Craymer and Joe Cash AUCKLAND/BEIJING (Reuters) - China should be able to meet standards set out in a major trans-Pacific trade pact, trade experts say, forcing members to make a politically u...
Jul 31, 2023
Toyota says to boost EV development and technology in China
TOKYO (Reuters) - Toyota will strengthen its development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in ...
Jul 31, 2023
Italy’s antitrust accepts Google’s proposals to end data portability case
MILAN (Reuters) - Italy's competition watchdog said on Monday it had accepted measures proposed by Google to end a probe over the tech giant's alleged abuse of its dominance position in the data porta...
Jul 31, 2023
Boeing supplier Senior’s profit rises on demand recovery
(Reuters) -British auto and aircraft parts supplier Senior reported a rise in half-yearly profit on Monday, buoyed by a recovery in its flexonics business and strong demand from planemakers. Planemake...
Jul 31, 2023
Japan’s W-Scope signs 5-yr supply deal with Samsung SDI, shares surge
TOKYO (Reuters) - Japan's W-Scope said on Monday it had signed a five-year deal with battery maker Samsung SDI to supply separators used in lithium-ion batteries, mainly to power electric vehicles (EV...
Jul 31, 2023
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) - Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings create...
Jul 31, 2023
BOJ flags broadening price, wage hikes in wake of policy tweak
By Leika Kihara TOKYO (Reuters) - Price hikes have spread rapidly among Japanese companies and sectors that had previously been cautious about passing on costs to households, the Bank of Japan (BOJ) s...
Jul 31, 2023
Goldman upgrades oil demand outlook as market tempers growth pessimism
(Reuters) - Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of $93 per barrel as higher realized inventories offset...
Jul 31, 2023
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