China’s Changan suppliers push back against forced payment cuts
SHANGHAI (Reuters) – Some Chinese suppliers to state-owned Chongqing Changan Automobile have written to the automaker after it cut their…
Asia
TSMC feels ‘good’ about possible Germany plant, in subsidy talks
TAIPEI (Reuters) – Taiwan chipmaker TSMC is feeling “good” about talks towards setting up its first European factory in Germany,…
Explainer-How Hong Kong plans to test its digital dollar in $229 billion mortgage market?
By Georgina Lee HONG KONG (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital…
Crypto exchange Binance hit by outflows of $780 million in last 24 hours – Nansen
LONDON (Reuters) – Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm…
Japan PM Kishida unveils economic action plan on ‘new capitalism’
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s government on Tuesday unveiled an action plan on his…
Chevron produces first gas from Gorgon Stage 2 development off Western Australia
SINGAPORE (Reuters) – Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off…
Evergrande Property Services works to ensure working capital until mid-2024
(Corrects advisory to show item adds details to June 5 report) (Reuters) -Evergrande Property Services Group Ltd said on Monday…
Australian lender Westpac to raise interest rates after cenbank hike
(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest…
Fast Retailing, trading houses lift Japan’s Nikkei to 33-year high
By Rocky Swift TOKYO (Reuters) – Japan’s Nikkei index extended its climb to scale a near 33-year high on Tuesday,…
Thai May headline inflation lowest in 21 months, seen falling further
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s May headline inflation rate dropped to its lowest in 21…