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02 May

Japan's April factory activity expands at slower rate -PMI

Japan's manufacturing activity grew at a slower pace from the previous month in April as supply chain disruptions and strict Chinese coronavirus lockdown measures hurt overseas demand.

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01 May

China COVID hard line eats into everything from Teslas to tacos

When Tesla's Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak, the burning question was how quickly they could restart to meet surging demand.

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01 May

Bored Ape NFT company raises around $285 million of crypto in virtual land sale

The company behind the "Bored Ape" series of NFTs has raised around $285 million worth of cryptocurrency by selling tokens which represent land in a virtual world game it says it is building.

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01 May

Hope fizzles for Japan's 'revenge spending' splurge as inflation looms

Japanese mother of three Maiko Takahashi was never one to pinch pennies or accept hand-me-downs for her children even though circumstances for her single-income family have always been fairly modest.

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01 May

Analysis-From boom to glut: Canada's housing plan could backfire on Trudeau

The Canadian government's plan to ease runaway housing prices by rapidly ramping up the pace of home construction risks pushing up construction costs in the near term and could lead to oversupply in the long run, experts said.

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01 May

Tata, India's electric vehicle king, takes a frugal road less travelled

To make its first electric vehicle for the consumer market, India's Tata Motors Ltd repurposed an unused shop floor at its flagship plant. Here, there's no fancy assembly line - Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand.

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01 May

Russia cuts state-backed mortgage rate, extends scheme

Russian Prime Minister Mikhail Mishustin signed a decree cutting the state-backed mortgage rate and extending the programme, part of wider measures aimed at stimulating economic growth.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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