By Leika Kihara NAGOYA, Dec 1 (Reuters) – The Bank of Japan will consider the “pros and cons” of raising interest rates at its next policy meeting, Governor Kazuo Ueda said on Monday, giving the strongest signal yet of a hike later this month. The yen and bond yields rose after the remarks, which led …
BOJ to consider rate hike in December, governor says; yen, yields rise Read More »
SEOUL, Dec 1 (Reuters) – The chief of South Korea’s financial market watchdog said on Monday authorities would review protection measures for retail investors regarding foreign exchange risks amid persistent weakness in the won currency. “From the perspective of consumer protection, we will review whether the matters related to hedging foreign exchange risks for overseas …
South Korea market watchdog wary of FX risks for retail investors Read More »
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA, Dec 1 (Reuters) – Indonesia posted a smaller-than-expected trade surplus in October after exports unexpectedly fell, official data showed on Monday, amid curtailed demand from China and weak shipments of mining products. The surplus stood at $2.4 billion, smaller than the $3.72 billion forecast by economists polled by …
Indonesia’s October exports unexpectedly fall amid weak China demand Read More »
By Makiko Yamazaki and Tamiyuki Kihara TOKYO, Dec 1 (Reuters) – State-owned Japan Bank for International Cooperation (JBIC) is expanding beyond traditional development lending into financing for economic security projects as geopolitical risks reshape investment priorities, its chief told Reuters. The move follows JBIC’s launch of a new investment facility in October, partly aimed at …
Japan’s JBIC shifts financing focus to economic security projects Read More »
By Phuong Nguyen and Francesco Guarascio HANOI, Dec 1 (Reuters) – Vietnamese electric carmaker VinFast is considering equipping some of its cars with small internal combustion engines (ICE) to recharge batteries and extend driving ranges, according to three people familiar with the plan and job ads, in a partial shift from its existing all-electric production. …
VinFast considers petrol engines to extend EV range, sources say Read More »
TAIPEI, Dec 1 (Reuters) – Test flights for delayed F-16V fighter jets for Taiwan are due to start this month, with 54 of the 66 aircraft ordered now in production, the head of the island’s air force said on Monday. Taiwan, which faces a rising military threat from Beijing, has complained of repeated delays to …
Test flights for Taiwan’s delayed new F-16s to start this month Read More »
TAIPEI, Dec 1 (Reuters) – Taiwan is aiming for tariffs on its exports to the United States to be cut to 15% from 20% now, though help in training U.S. workers is not among the “conditions” figuring in their trade talks, senior Taiwan officials said on Monday. A major semiconductor producer, Taiwan has repeatedly said …
Taiwan seeks tariffs cut to 15% in US trade deal Read More »
BERLIN, Dec 1 (Reuters) – The Geely-owned Chinese electric vehicle maker Zeekr will begin selling cars in Germany on Monday with three models priced from 37,990 euros ($44,065), specialist publication Elektroauto-News reported on Monday. Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated …
Chinese EV maker Zeekr launches in Germany with three models Read More »
(Corrects typo in name to Reistad from Reifstad in paragraph 19) By Julia Payne BRUSSELS, Nov 28 (Reuters) – The EU executive will unveil next week measures to cut the bloc’s over-reliance on China for critical raw materials as Europe seeks to keep up with fierce global competition from the U.S. and Asia. Despite years …
‘Slow’ EU to unveil plan for cutting raw materials’ reliance on China Read More »
BEIJING, Dec 1 – China’s new home prices rose at a faster pace in November, but prices in the secondary market declined further in a sign that the crisis-hit property sector has yet to bottom out, according to a private survey released on Monday. New home prices grew 0.37% month-on-month compared with a 0.28% gain …
China’s November new home prices climb but resale values extend declines, survey shows Read More »
