HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more
(1/2) Euro and US dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic TOKYO, May 25 (Reuters) – The euro fell on Thursday as Europe’s biggest economy, Germany, was confirmed in recession, while the dollar hit a two-month high, benefiting from a seek refuge as concerns mount over a US default. … Read more
(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more
WASHINGTON, May 23 (Reuters) – The U.S. Commerce Department is expected to impose trade restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of certain chips by U.S. firm Micron Technology Inc (MU.O), the chairman of the U.S. House of Representatives China Committee said on Tuesday. … Read more
May 22 (Reuters) – Mizuho Financial Group Inc is to buy U.S. mergers and acquisitions advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday. as Japan’s third-largest lender eyes a bigger share of the world’s largest investment banking fee pool. Greenhill shares more than doubled to close at … Read more
May 22 (Reuters) – Ford Motor Co (FN) unveiled new battery-grade lithium supply deals on Monday as the U.S. automaker aims to meet its goal of producing 2 million electric vehicles by 2026 and to close the gap with market leader Tesla Inc. (TSLA.O). Ford is hosting an investor event on Monday explaining how it … Read more
One-year LPR maintained at 3.65%, five-year LPR at 4.3% The yuan broke the 7 to the dollar mark Widest China-U.S. government bond yield spread in two months PBOC may cut RRR in next policy move – analysts SHANGHAI/SINGAPORE, May 22 (Reuters) – China kept its key rates unchanged for the ninth month of May on … Read more
Asian scholarships: S&P 500 futures down 0.1%, Japanese Nikkei flat US debt ceiling talks to resume after deadlock Powell less warmongering than feared; Yellen warns against further bank mergers G7 to reduce trade dependency on China, Beijing partially bans Micron SYDNEY, May 22 (Reuters) – Asian stocks and Wall Street futures struggled on Monday as … Read more
HIROSHIMA, Japan, May 21 (Reuters) – The International Energy Agency (IEA) does not expect the measures taken by the Group of Seven countries to counter the circumvention of energy price caps Russia are changing the supply situation for crude oil and petroleum products. said Fatih Birol, Executive Director of the IEA. The G7, the European … Read more
BEIJING, May 21 (Reuters) – China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology (MU.O) had failed its network security review and that it would prevent key infrastructure operators to source from the company. “The review found that Micron’s products pose serious network security risks, posing significant security risks … Read more
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