Reuters Asia Business

BEIJING (Reuters) -U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.7% from the previous month. Chinese rival BYD, with its Dynasty and Ocean series of EVs …

Tesla’s Oct China-made EV sales fall 5.3% y/y Read More »

By Kitiphong Thaichareon and Chayut Setboonsarng BANGKOK (Reuters) -The Bank of Thailand (BOT) said the independent committee selecting its board chairman had delayed its decision by a week on Monday, as former central bank governors warned political interference in monetary policy could weaken the economy. The government’s nomination of former finance minister Kittirat na Ranong, …

Thai central bank chairman decision delayed; ex-governors flag independence concerns Read More »

BANGKOK (Reuters) – The independence of central banks is being challenged and they have come under more pressure lately than at any time in the past decade, the Bank of Thailand (BOT) chief said, according to a speech transcript released on Monday. “Central bank independence in many countries, including Thailand, is being challenged despite having …

Central bank independence being challenged in many countries, Thai cbank chief says Read More »

By Ruma Paul and Sethuraman N R DHAKA/BANGALORE (Reuters) – Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a Nov. 7 deadline set by the Indian company, which has cut electricity exports to Bangladesh by more than half, two senior government officials said. Adani Power, which exports power …

Bangladesh fast tracks payment to Adani Power after supply cut Read More »

By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) – Nvidia CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation high-bandwidth memory chips called HBM4, SK Group Chairman Chey Tae-won said on Monday. South Korea’s SK Hynix said in October that it aimed to …

Nvidia’s Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK’s chairman says Read More »

HANOI (Reuters) – Taiwanese giant Foxconn’s subsidiary Shunsin <6451.TW> is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam’s environment ministry. The proposed plant in Bac Giang province will focus on producing and processing electronic components, specifically integrated circuit boards, the document said. Shunsin …

Foxconn subsidiary seeks $80 million Vietnam investment for integrated circuits Read More »