Samsung Elec flags 96% drop in Q2 profit as chip glut drags on
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating…
July 2023
Factbox-Companies respond to China’s curbs on gallium and germanium exports
(Reuters) – China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles,…
Airbus books record India orders, confirms higher deliveries
PARIS (Reuters) – Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044…
Bottler Coca-Cola HBC lifts full-year profit expectation
(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in…
BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may revise up this year’s inflation forecast but will likely…
New Zealand central bank to hold rates in July, rest of year: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will likely keep interest rates unchanged at 5.50% on Wednesday…
Ukraine asks to join CPTPP trade pact
By Kantaro Komiya and Lucy Craymer TOKYO (Reuters) -Ukraine has submitted a formal request to join the Comprehensive and Progressive…
U.S. envoy expresses sorrow over ethnic violence in India’s northeast
NEW DELHI (Reuters) – The U.S. ambassador to New Delhi expressed sorrow over the ethnic violence in India’s northeastern state…
Yellen holds talks with China’s central bank governor, former economy tsar
By Joe Cash BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s central bank governor Yi Gang and…
US wants coalition of nations to engage China in curbing synthetic drugs
By Michael Martina and Simon Lewis WASHINGTON (Reuters) – The U.S. wants other countries to engage China on limiting the…