TOKYO (Reuters) – The average sales price for newly-built apartment units in Japan’s metropolitan Tokyo area jumped to 143.6 million yen ($1.07 million) in March, topping the 100 million yen mark for the first time, data showed on Tuesday. The price, which has more than doubled from the same month last year and is the …
Average price of new Tokyo apartment passes 100 million yen for first time Read More »
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will stay the course to reach the central bank’s 2% inflation target by continuing monetary easing even though it may take time, Governor Kazuo Ueda said on Tuesday, signalling his stance to maintain loose conditions. Speaking at the lower house financial committee of parliament, Ueda said he saw …
BOJ aims to meet 2% inflation goal by keeping easy policy – Ueda Read More »
By Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) -A World Trade Organization panel said on Monday that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products. “We recommend that India bring such measures into conformity with its obligations,” the WTO panel’s report …
WTO panel rules against India in IT tariffs dispute with EU, others Read More »
(Reuters) – Chinese smartphones made up more than 70% of the Russian market in the first quarter of 2023, consumer electronics retailer M.Video-Eldorado said, up from around 50% last year. China’s smartphone surge comes after Samsung and Apple both curtailed sales in Russia over the conflict in Ukraine, with Chinese manufacturers Xiaomi and Realme now …
China smartphone sales rise to more than 70% of Russian market Read More »
SHANGHAI (Reuters) -Tesla’s Shanghai factory workers took to social media to appeal to Elon Musk and the Chinese public after being told at the weekend about cuts to their performance bonuses, according to online posts and employees who spoke to Reuters. Several posts said they believed the deductions were linked to a fatal accident earlier …
Angry Tesla Shanghai workers vent to Elon Musk over bonus cuts Read More »
SHANGHAI (Reuters) -China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for the auto show starting Tuesday, they will return to a sharply different market from the one they left in 2021 when the industry gathered …
China’s electric car drive, led by BYD, leaves global brands behind Read More »
By Ruma Paul DHAKA (Reuters) – Bangladesh and Russia have agreed to use yuan to settle payment for a nuclear plant Moscow is building in the South Asian country, a Bangladesh government official said on Monday. Bangladesh is constructing the first of two nuclear power plants in collaboration with Russia’s state-owned atomic company Rosatom in …
Bangladesh to pay Russia in yuan for nuclear plant Read More »
TOKYO (Reuters) -Japan’s Sega Sammy Holdings Inc said on Monday it planned to acquire Finland’s Rovio Entertainment Oyj for 706 million euros ($776 million) to bolster its mobile gaming business, sending Rovio shares soaring. Sega Sammy will offer 9.25 euros for each share of the company behind the mobile game Angry Birds, a 19% premium …
Sega Sammy to buy Angry Birds maker Rovio for 706 million euros Read More »
JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China’s battery minerals producer Zhejiang Huayou Cobalt, the Southeast Asian country’s investment minister said. Automakers are courting Indonesia for its raw materials used in producing EV batteries, which account for about 40% of …
Volkswagen to partner on Indonesia EV battery ecosystem -minister Read More »
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter. Japan’s third-biggest automaker by sales is seeking a partner outside …
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up Read More »
