Category Archives:
Megahit “Squid Game” puts focus squarely on Netflix’s overseas growth
By Eva Mathews (Reuters) - The success of the South Korean dystopian drama series "Squid Game" has led investors to bet on Netflix Inc's plans to explore more international content to boost slowing su...
Oct 18, 2021
Xiaomi to mass produce its own cars in H1 2024 -executive
SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp will mass produce its own cars in the first half of 2024, a senior company executive wrote on Tuesday on social media site Weibo. (Reporting b...
Oct 18, 2021
Chinese property bonds firm after Kaisa and Sunac make coupon payments
HONG KONG (Reuters) - Chinese property bonds remained firm on Tuesday after two major developers made coupon payments, though the market remained focused on the potential for default by China Evergran...
Oct 18, 2021
Samsung SDI, Stellantis to set up EV battery JV -Yonhap
SEOUL (Reuters) - Battery maker Samsung SDI Co Ltd and automaker Stellantis NV have signed a memorandum of understanding to establish an electric vehicle (EV) battery joint venture, South Korea's Yonh...
Oct 18, 2021
Alibaba unveils custom ARM-based server chip for cloud computing division
SHANGHAI (Reuters) - Chinese tech giant Alibaba Group Holding Ltd on Tuesday unveiled an ARM-based processor developed by its T-Head semiconductor division, to be used in its cloud computing division....
Oct 18, 2021
Asian shares track Wall Street higher, China rebounds
By Alun John HONG KONG (Reuters) - Asian shares advanced on Tuesday, supported by a tech-driven Wall Street rally, and a rebound in Chinese markets a day after weak data heightened investor concerns a...
Oct 18, 2021
Oil prices fall as weaker China growth, U.S. output stoke demand concerns
By Aaron Sheldrick TOKYO (Reuters) - Oil prices fell on Tuesday, with Brent down a second straight day, after Chinese data showed slowing economic growth and U.S. factory output dropped in September, ...
Oct 18, 2021
Australia central bank says Delta outbreak interrupts economic recovery
SYDNEY (Reuters) - Australia's central bank said the outbreak of the Delta variant of COVID-19 had interrupted the recovery of the national economy but expects the setback to be temporary, with the ec...
Oct 18, 2021
Dollar softens amid bets other central banks to outpace Fed tightening
By Kevin Buckland TOKYO (Reuters) - The dollar languished near the bottom of its recent range against major peers on Tuesday, knocked back by weak U.S. factory data overnight and on market wagers of f...
Oct 18, 2021
China says will help relieve “distress” of small companies – People’s Daily
SHANGHAI (Reuters) - China's commerce minister Wang Wentao said the country will take action to relieve the "distress and concerns" of small- and medium-sized enterprises, in an interview posted in th...
Oct 18, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
