Pakistan rupee, bonds fall to new low after Imran Khan arrest
KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 1.3% to a record low of 288.5 against the U.S. dollar on Wednesday,…
May 2023
China’s BYD cuts starting price for Seal EV; aims to extend lead
SHANGHAI (Reuters) -BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the…
Mitsubishi Heavy expects record defence orders as Japan pours money into military
TOKYO (Reuters) -Mitsubishi Heavy Industries on Wednesday said it expects to book record defence equipment orders this business year as…
ISS backs all four ValueAct director candidates in Seven & I boardroom fight
By Svea Herbst-Bayliss NEW YORK (Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Tuesday backed ValueAct Capital’s boardroom challenge…
US urges WHO to invite Taiwan to observe May meeting
WASHINGTON (Reuters) -The United States is encouraging the World Health Organization to invite Taiwan as an observer at its annual…
Japan GDP growth likely accelerated in Q1 on robust services consumption- Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew in January-March at the fastest pace in three quarters, as…
Italy industry output falls unexpectedly in March
ROME, May 10 (Reuters) – Italian industrial output was weaker than expected in March, falling 0.6% from February to register…
Myanmar shadow govt welcomes ASEAN peace talks but distrusts junta
(Reuters) – Myanmar’s shadow government welcomes efforts by ASEAN chair Indonesia to kickstart peace talks in the strife-torn Southeast Asian…
Thai food exports seen at record high this year – industry group
BANGKOK (Reuters) – Thailand’s food exports are expected to rise by 2.1% to a record of 1.5 trillion baht ($44.31…
Train maker Alstom sees higher annual margin but delays mid-term targets
By Lina Golovnya and Diana Mandia (Reuters) -French train maker Alstom on Wednesday forecast a rise in its annual operating…