Author Archives: Syndicated Content
J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
(Reuters) - U.S. electric vehicle (EV) sales are expected to reach just 9% of the market this year, consulting firm J.D. Power said in a report on Wednesday, lowering its previous forecast of 12%. The...
Aug 29, 2024
New Zealand business confidence soars in August, ANZ survey shows
SYDNEY (Reuters) - New Zealand's business confidence jumped in August to the highest level in a decade as forward-looking activity indicators rose strongly, an ANZ Bank survey showed on Thursday. The ...
Aug 29, 2024
South Korea's Yoon says to 'manage' policy rates if housing market heats up
SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Thursday there was a need to "manage" policy interest rates should expectations about lower borrowing costs lead to further price increas...
Aug 29, 2024
Oil edges up as Libyan supply woes offset lower-than-expected U.S. stock draw
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices edged up on Thursday after two sessions of losses, as supply concerns over Libya returned to focus, although countered by a smaller-than-expecte...
Aug 29, 2024
EU new car sales flat in July as battery-electric slumps, industry body ACEA says
By Alessandro Parodi and Greta Rosen Fondahn (Reuters) - New car sales in the European Union rose 0.2% in July, slowed by declines in France and Germany, while battery-electric vehicles continued to l...
Aug 29, 2024
Morning Bid: Nvidia watch party over, back to inflation vigil
A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as AI darling Nvidia failed to meet expectations of investors who were not satisfied with its profits,...
Aug 29, 2024
Analysis-As it reins in wasteful investment, China frets over growth
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - China's local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful infrastructure in...
Aug 29, 2024
S.Korea exports seen extending gains, inflation to hit BOK target: Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's exports are expected to have risen for an 11th straight month in August, a Reuters poll showed on Thursday, with economists noting rising momentum in Chin...
Aug 29, 2024
Hong Kong court expected to hand down landmark sedition verdict against two journalists
By Jessie Pang and James Pomfret HONG KONG (Reuters) - A Hong Kong court on Thursday is expected to hand down verdicts against two editors of a now-defunct online media outlet for conspiring to publis...
Aug 29, 2024
South Korea court approves arrest for battery maker CEO over deadly fire
SEOUL (Reuters) -The CEO of a South Korean lithium battery maker that was struck by a fire that killed 23 people in June has been arrested after a court approved a warrant on allegations of violating ...
Aug 29, 2024
