Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:51
Electric Cars Pass a Crucial Tipping Point in 23 Countries
Convincing everyone to adopt a new technology can be a slog at first. The humble microwave oven, for
2023-08-28 12:45
China-Dependent Japan Stocks Plunge on Boycott Over Wastewater
Shares of Japanese companies that are especially reliant on China demand plunged after users online in Asia’s biggest
2023-08-28 12:24
Veteran Citigroup Banker Gidney to Retire After Almost 30 Years
Citigroup Inc.’s vice chairman of banking, capital markets & advisory for Australia, Jon Gidney, is leaving the firm
2023-08-28 12:20
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:17
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
2023-08-28 10:57
Stake Sale, IPO Plans in Focus for Ambani’s Annual Speech
When Asia’s richest man Mukesh Ambani addresses shareholders on Monday, investors expect the billionaire to divulge more details
2023-08-28 10:20
Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:24
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
Hyundai Faces New Pressure Campaign from Southern Labor Groups
Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups
2023-08-28 07:56
Tech-Reliant Won Counts on Boost From Nvidia’s Sales Forecast
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
2023-08-28 06:54
Germany’s Ruling SPD to Push for Stricter Rent Caps, Bild Says
Germany’s ruling Social Democratic Party will vote on a proposal for lower limits on rent increases as a
2023-08-28 04:47