Asia Stocks Poised to Rise on China Stimulus Plans: Markets Wrap
Stocks in Hong Kong and China-related markets look set to gain after President Xi Jinping stepped up support
2023-10-25 08:21
Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:47
Detroit and Korea’s $28 Billion Battery Bets Risk Going Sideways
Weeks of tense bargaining around Detroit are making battery manufacturers some 6,600 miles (10,600 kilometers) away nervous. LG
2023-10-24 12:52
Naver Wins Saudi Deal to Build Digital Replicas of Mecca, Riyadh
South Korean internet leader Naver Corp. won a contract to build and operate a cloud platform for Saudi
2023-10-24 11:21
Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap
Asian stocks are set for a cautious opening after the S&P 500 edged down to its lowest close
2023-10-24 07:53
UAW Strikes Stellantis’ Michigan Truck Plant; 6,800 Walk Out
United Auto Workers union members at Stellantis NV’s lucrative pickup truck plant in Sterling Heights, Michigan, walked off
2023-10-24 01:57
VW Falls After Cutting Forecast on €2.5 Billion Hedging Loss, Costs
Volkswagen AG shares declined after outlining weaker-than-expected third-quarter earnings and hedging losses. Europe’s biggest carmaker now sees operating
2023-10-23 16:18
Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
2023-10-23 14:29
China Rattles Foreign Firms Again With Arrests, Foxconn Probe
Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests
2023-10-23 10:45
Japan’s Carmakers Take Stage to Show Their EV Ambitions Are Real
The pressure is on Japan’s carmakers at this week’s Japan Mobility Show to prove they’re serious not only
2023-10-23 07:24
Saudi Wealth Fund And Hyundai Motors Agree to Build Auto Plant
Hyundai Motor Co. has agreed a deal with Saudi Arabia’s sovereign wealth fund to develop a more than
2023-10-23 00:53
Porsche Design Head Says Chinese EVs Spur Edgier Car Concepts
After nearly twenty years of designing Porsche 911s and Cayennes, Michael Mauer says new competitors led by EV
2023-10-22 14:57