Philippine central bank on hold for rest of year, cut in early 2024: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at…
Asia
Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday…
Marketmind: US housing rebound, China prime cuts
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St looks set to return…
FACTBOX-How Alibaba’s six new business units stack up
(Reuters) – Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will…
Blinken says China spy balloon incident ‘should be closed’
BEIJING (Reuters) – U.S. Secretary of State Antony Blinken said the spy balloon incident with China “should be closed” in…
Hyundai to consider joining Tesla’s North American charging standard alliance
SEOUL (Reuters) – Hyundai Motor will consider making its vehicles more readily compatible with the charging standard Tesla is pushing…
Quotes: Here’s what people are saying about Alibaba’s management reshuffle
(Reuters) – Alibaba Group said on Tuesday its CEO and chairman Daniel Zhang will step down from those roles to…
Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people,…
Australia’s Regional Express warns of losses in fiscal 2023
(Reuters) – Australian airline Regional Express on Tuesday forecast an operational loss for fiscal 2023, citing a global shortage of…
Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
MILAN (Reuters) – Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors…