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BOJ unlikely to move in April, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - The Bank of Japan's new chief Kazuo Ueda will not start unwinding its ultra-easy policy at April 27-28 meeting, nearly 90% of economists polled by Reuters said, as ...
Syndicated Content Apr 20, 2023
China sees more state-sector funds launched after policy drive
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) - Chinese asset managers are rushing to launch funds to woo investors into state-owned firms, whose shares have surged this year as Beijing pu...
Syndicated Content Apr 20, 2023
Ford must rethink its brand for China as EVs boom, CEO says
DETROIT (Reuters) - Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co needs to reshape its brand for the world's largest car market, Chief Executive Jim...
Syndicated Content Apr 20, 2023
Musk’s price cuts show challenge for Tesla’s product strategy -Ford CEO
DETROIT (Reuters) - Electric car giant Tesla's decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an ageing product line-up, Ford Chief Executive Jim F...
Syndicated Content Apr 20, 2023
Tesla hikes U.S. prices
(Reuters) - Tesla Inc late on Thursday increased the U.S. prices of some of its electric vehicle models, according to its website. (Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Sonia C...
Syndicated Content Apr 20, 2023
China EV maker BYD to build $290 million battery component plant in Chile
HONG KONG (Reuters) - China's BYD Co Ltd, the world's largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in Chile's northern Antofagasta region, said Chilean ec...
Syndicated Content Apr 20, 2023
ValueAct urges ouster of Seven & i President Isaka – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) - ValueAct Capital is pushing to oust Seven & i Holdings President Ryuichi Isaka, saying he is responsible for a "flawed strategy" and stating publicly for th...
Syndicated Content Apr 20, 2023
G7 nations considering near-total ban on exports to Russia -Kyodo
TOKYO (Reuters) - The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news agency reported on Friday, citing Japanese government sources. Bloomberg news on T...
Syndicated Content Apr 20, 2023
Recession fears set stocks on course for weekly drop
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slid toward their worst week in a month-and-a-half on Friday and oil nursed losses, while bonds enjoyed their best bid in weeks as U.S. data and ear...
Syndicated Content Apr 20, 2023
MG Motor launches plug-in hybrid option in Mexico as EV race heats up
By Kylie Madry MEXICO CITY (Reuters) - Carmaker MG Motor is launching a plug-in hybrid SUV in Mexico, the company announced on Thursday, as the market for hybrid and electric vehicles in the Latin Ame...
Syndicated Content Apr 20, 2023
Peoria, IL, USA
39 °F Light Rain
