By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing domestic demand, although some analysts believe Asia’s fourth-largest economy will struggle to maintain its momentum. Gross domestic product (GDP) for the October-December quarter was 0.6% …
South Korea’s economy grew faster than expected in Q4 Read More »
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing domestic demand, although some analysts believe Asia’s fourth-largest economy will struggle to maintain its momentum. Gross domestic product (GDP) for the October-December quarter was 0.6% …
South Korea’s economy grew faster than expected in Q4 Read More »
By Hyunjoo Jin and Joseph White SAN FRANCISCO/DETROIT (Reuters) -Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover. Tesla CEO Elon Musk confirmed on a …
By Hyunjoo Jin and Joseph White SAN FRANCISCO/DETROIT (Reuters) -Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover. Tesla CEO Elon Musk confirmed on a …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The focus for Asian markets on Thursday will be on whether the improvement in investor sentiment toward China and Hong Kong continues, following the Chinese central bank’s latest move to inject liquidity and support asset prices. The regional economic data calendar …
Marketmind: China optimism spreads, S Korea GDP in focus Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The focus for Asian markets on Thursday will be on whether the improvement in investor sentiment toward China and Hong Kong continues, following the Chinese central bank’s latest move to inject liquidity and support asset prices. The regional economic data calendar …
Marketmind: China optimism spreads, S Korea GDP in focus Read More »
BEIJING (Reuters) – China on Wednesday said it is widening the uses for commercial property lending by banks in its latest effort to ease a liquidity crunch facing troubled real estate firms. According to a notice jointly issued by the central bank and the financial regulator, by the end of this year banks will be …
China widens commercial property loan uses to ease liquidity Read More »
BEIJING (Reuters) – China on Wednesday said it is widening the uses for commercial property lending by banks in its latest effort to ease a liquidity crunch facing troubled real estate firms. According to a notice jointly issued by the central bank and the financial regulator, by the end of this year banks will be …
China widens commercial property loan uses to ease liquidity Read More »
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Butter chicken – one of India’s best-known dishes globally – is delicious and apparently also contentious, with two Indian restaurant chains doing battle in court over claims to its origins. The lawsuit – which has become a hot topic in India – was brought by …
Who invented butter chicken? Indian judge to rule on dispute over global favourite Read More »
By Hyunsu Yim SEOUL (Reuters) – North Korean leader Kim Jong Un has called for ways to be found to improve economic development after saying that a failure to provide people with basic living necessities including food is a “serious political issue”, state media reported on Thursday. Kim made the remarks while discussing regional development …
North Korea’s Kim warns failure to provide food a ‘serious political issue’ Read More »
