Asia equities mixed, China cuts rates as data disappoints

Asia equities mixed, China cuts rates as data disappoints

FILE PHOTO – People pass an electronic screen displaying Japan’s Nikkei stock price index in a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei Rising, S&P 500 Futures Dip PBOC cuts key interest rates, Chinese data misses forecasts Eyes on Fed Minutes, … Read more

Exclusive: Europe looks to Musk’s SpaceX to bridge launch gap created by tensions in Russia

Exclusive: Europe looks to Musk’s SpaceX to bridge launch gap created by tensions in Russia

PARIS, Aug. 12 (Reuters) – The European Space Agency (ESA) has entered preliminary technical talks with Elon Musk’s SpaceX that could lead to the temporary use of its launch vehicles after the conflict in Ukraine blocked Western access to Russian Soyuz missiles. The privately held US competitor to Europe’s Arianespace has emerged as a key … Read more

SoftBank’s Alibaba sale could end the taboo on breakup

SoftBank’s Alibaba sale could end the taboo on breakup

Japanese SoftBank Group Corp chief executive Masayoshi Son attends a press conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON, Aug. 10 (Reuters Breakingviews) – Masayoshi Son thinks about the unthinkable at SoftBank Group (9984.T). Its $63 billion technology and telecom empire will reduce its … Read more

Japanese PM wakes up cabinet as anger grows over Unification Church ties

Japanese PM wakes up cabinet as anger grows over Unification Church ties

Voter support plummets due to party’s ties to the church Shak-up comes earlier than analysts expected Church defends her right to participate in politics Kishida only chose ministers who “review” ties with the group TOKYO, Aug. 10 (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday reshuffled his cabinet as he fought growing public anger … Read more

Tesla’s Sales of China-Made Vehicles Drop in July Due to Factory Line Upgrades

Tesla’s Sales of China-Made Vehicles Drop in July Due to Factory Line Upgrades

Tesla’s model 3 vehicles, made in China, are seen during a delivery event at the factory in Shanghai, China, Jan. 7, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug. 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made cars in July, nearly two-thirds less than a month earlier, as … Read more

Chile seeks ‘consequences’ for sinkhole at copper mine

Chile seeks ‘consequences’ for sinkhole at copper mine

SANTIAGO, Aug. 8 – Chile will impose severe sanctions on those responsible for a massive sinkhole near a copper mine in the north of the country, the mining minister said Monday. The mysterious 36.5-meter-diameter hole that surfaced in late July has prompted the mobilization of local authorities and prompted the mining regulator to shut down … Read more

Biden says he is concerned about China’s moves around Taiwan

Biden says he is concerned about China’s moves around Taiwan

U.S. President Joe Biden talks to reporters as he travels aboard Air Force One to eastern Kentucky to visit families affected by the devastation of the recent flooding, as he departs Delaware Air National Guard Base in New Castle, Delaware , US, Aug. 8, 2022. REUTERS /Kevin Lamarque Register now for FREE unlimited access to … Read more

World stocks bounce after US job sale

World stocks bounce after US job sale

Euro STOXX gains 0.8% Wall Street is going to win Markets narrow chance of 75bp gain ahead of US CPI Dollar falls Oil makes up for early losses, tries to recover LONDON/SYDNEY, Aug. 8 (Reuters) – Stocks gained ground on Monday and rebounded after a strong US jobs report last week bolstered calls for more … Read more

Automakers say US Senate bill will jeopardize 2030 targets for EVs

Automakers say US Senate bill will jeopardize 2030 targets for EVs

FILE PHOTO – Volkswagen employees stand next to Volkswagen electric cars at a ceremony at Volkswagen’s first battery cell factory, ‘SalzGiga’, in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug. 7 (Reuters) – A group representing General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG_p.DE) and … Read more

Chinese and Taiwanese warships face each other as exercises end

Chinese and Taiwanese warships face each other as exercises end

Chinese and Taiwanese ships circle ‘cat and mouse’ on high seas Four days of Chinese exercises end at 12:00 pm China warns US not to create a bigger crisis TAIPEI, Aug. 7 (Reuters) – Chinese and Taiwanese warships played “cat and mouse” on the high seas Sunday, hours before the scheduled end of four days … Read more