TOKYO (Reuters) -Japanese automakers Toyota Motor Corp, Honda Motor Co and Nissan Motor CO ranked at the bottom of a new Greenpeace study on 10 automakers’ decarbonisation efforts, the environmental group said on Thursday. Greenpeace ranked Toyota last out of the top 10 automakers in sales volume – the same as last year – and …
Toyota, Honda, Nissan get Greenpeace thumbs-down for decarbonisation efforts Read More »
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank lifted its benchmark interest rate for the third straight meeting on Thursday, as it looks to rein in inflation amid robust economic growth. Bank Negara Malaysia raised its overnight policy rate by 25 basis points to 2.50%, as expected by 19 of 20 economists polled by …
Malaysia central bank hikes key rate again as inflation risk clouds sunny outlook Read More »
BEIJING (Reuters) – China’s commerce ministry said on Thursday U.S. moves on tariffs would hurt U.S. companies and consumers, in response to reports that President Joe Biden was holding back on a decision to scrap Trump-era tariffs on Chinese imports. (Reporting by Beijing newsroom; Editing by Peter Graff)
By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks rallied on Wednesday after recent losses as benchmark U.S. Treasury yields eased from three-month highs and oil prices fell below $90 a barrel. The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling, but the dollar index =USD was lower …
Stocks jump as Treasury yields ease and oil prices sell off Read More »
By Stephen Nellis (Reuters) – Apple Inc introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons. The outdoor-focused products will test whether Apple’s relatively affluent customer base will keep spending in the face of rising inflation. Prices of the high-end …
Apple unveils iPhone 14 with satellite SOS, Ultra Watch for outdoors Read More »
By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Entertainment SA in a deal that values France’s biggest games developer at about $10 billion, as deep-pocketed Chinese tech majors continue their overseas search for growth. Interest in Ubisoft comes as the world’s largest games …
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling on Wednesday, as Japan’s dovish monetary policy and Europe’s economic problems contrasted with a relatively stronger U.S. economy and a hawkish Federal Reserve determined to bring down inflation to its 2% inflation target. …
Resilient U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling Read More »
By Mike Stone WASHINGTON (Reuters) – The U.S. Pentagon has stopped accepting new F-35 jets after it discovered a magnet used in the stealthy fighter’s engine was made with unauthorized material from China, a U.S. official said on Wednesday. An investigation that gathered steam in mid-August found that an alloy in the engine’s lubricant pump …
Pentagon stops accepting F-35 jets to check for Chinese content Read More »
HONG KONG (Reuters) – Residents leaving Hong Kong for good withdrew a total of HK$2.114 billion ($269.31 million) from their pension accounts in the second quarter of 2022, up 0.9% from a year earlier, government data showed on Wednesday, a sign that more people were moving put of the financial hub. Curbs to control the …
Departing Hong Kong residents took $269 million from pensions in Q2 Read More »
TAIPEI (Reuters) – Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the government said the outlook was clouded by inflation, war in Ukraine and Sino-U.S. tensions. Exports rose 2% in August from a year earlier to $40.34 billion, the Ministry …
Taiwan exports up in Aug; war in Ukraine, inflation cloud outlook Read More »
