VinFast posts deeper loss in Q1, eyes July completion of SPAC merger
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a…
Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western Poland, will the…
Germany has support of many states on debt rules – Finance Minister
(Reuters) -German Finance Minister Christian Lindner said there were many member states that share Germany’s position on reforms to the…
Southeast Asia to set ‘guardrails’ on AI with new governance code -sources
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial…
Global banks raise forecast to 4% peak for key ECB rate
(Reuters) -Major global investment banks lifted their terminal rate forecast for the European Central Bank to 4% in September, after…
Quotes: BOJ Governor Ueda’s comments at news conference
(Reuters) – The Bank of Japan (BOJ) maintained ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain…
Analysis-Japan hopes to shore up Philippines’ defence amid Taiwan conflict fears
By Tim Kelly, Sakura Murakami and Yukiko Toyoda TOKYO (Reuters) -Japan is preparing military aid for the Philippines to help…
Euro zone needs still higher ECB rates, tighter fiscal policy -IMF
By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank should continue to raise rates to bring down inflation and…
Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day…
Nikkei clinches fresh three-decade high as BOJ stands pat
(Reuters) – Japan’s Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered…