Category Archives:
Supply constraints delaying U.S. solar sector’s boom from new climate law -market report
(Reuters) - U.S. solar energy project developers will struggle to access equipment supplies for at least the next year, delaying their ability to tap generous new subsidies, because panel imports are ...
Sep 07, 2022
Markets to fall further as econ fundamentals worse than 2007, says GMO’s Grantham
By Lisa Pauline Mattackal (Reuters) - Financial markets should brace for further pain, with global economic health at its most precarious level in years, due to stubborn inflation, hawkish central ban...
Sep 07, 2022
China’s BYD to set up EV plant in Thailand
BANGKOK (Reuters) - Chinese electric vehicle maker BYD on Thursday announced it would set up a facility in Thailand to start producing 150,000 passenger cars a year from 2024. BYD announced in a joint...
Sep 07, 2022
UK’s Melrose Industries plans to spin off GKN automotive unit – FT
(Reuters) - Melrose Industries plans to spin off its GKN automotive division as a new UK-listed company, the Financial Times reported on Thursday, citing people familiar with the matter. The automotiv...
Sep 07, 2022
Australia RBA: after rapid tightening, may be case for slower hikes
SYDNEY (Reuters) - Australia's top central banker on Thursday said the case for a slowdown in rate rises would get stronger the higher rates go, though ultimately how far they needed to rise would dep...
Sep 07, 2022
S.Korea central bank says stabilising prices quickly better for long-term growth
SEOUL (Reuters) - South Korea's central bank said on Thursday it was better for long-term growth to stabilise prices quickly as it gave insight into its decision for an unusually large rate hike in Ju...
Sep 07, 2022
Japan Finance Minister Suzuki declines fresh comment on yen weakness
TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki on Thursday declined to comment when asked when the government might take any action in the foreign exchange market if volatility continued....
Sep 07, 2022
CreditSights finds calculation errors in making debt report for two Adani firms
(Reuters) - Fitch Group's debt research unit CreditSights said it had discovered calculation errors in making a recent debt report on two companies controlled by India's richest person Gautam Adani, f...
Sep 07, 2022
Taiwan president says will work with the U.S. to forge closer economic ties
TAIPEI (Reuters) - Taiwan President Tsai Ing-wen told a delegation of U.S. lawmakers on Thursday that the island will continue to work with the United States to forge closer trade and economic ties. T...
Sep 07, 2022
Dollar resumes climb in Asia as Powell speech, ECB loom
By Kevin Buckland TOKYO (Reuters) - The dollar resumed its rise in Asia on Thursday after falling back from a two-decade high overnight, as investors pondered the path of global monetary policy ahead ...
Sep 07, 2022
Peoria, IL, USA
83 °F Sunny
