By Emma Farge GENEVA (Reuters) – China has been lobbying non-Western countries to praise its human rights record ahead of a key U.N. meeting where it will face questions and criticism over its actions in Hong Kong and Xinjiang, according to diplomats and documents. Four diplomats told Reuters that China’s mission at the United Nations …
BEIJING (Reuters) – China will investigate and punish officials for falsifying economic data, the National Bureau of Statistics said on Monday, amid scepticism about the reliability of Chinese data. Fabricating economic data or interfering in statistical work by officials has persisted despite government steps in recent years to improve the quality of the data, the …
China vows to punish officials for falsifying economic data Read More »
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan said on Monday Iran’s foreign minister will visit the country next week, signaling efforts to mend relations after the neighbours exchanged missile strikes last week at what they said were militant targets. Ambassadors of both countries have also been asked to return to their posts by Jan. 26, …
Iran’s FM to visit Pakistan to rebuild ties after missile strikes Read More »
MANILA (Reuters) – The Philippines central bank’s policy would have to remain “sufficiently tight” with inflation currently forecast to stay above its 2% to 4% target, making a rate cut at its next meeting unlikely, its governor said on Monday. The central bank’s benchmark interest rate was kept steady at 6.5% in the final two …
Philippine cbank governor says rates to ‘stay sufficiently tight’ Read More »
By Akash Sriram (Reuters) – Tesla’s profitability and deliveries will be on top of investors’ minds when the world’s most valuable automaker reports results on Wednesday, days after sharp price cuts and announcement of a production pause at the Berlin factory. Falling prices of battery materials are expected to let Tesla show a slight rise …
Tesla price cuts, delivery plan and CEO pay in focus ahead of results Read More »
BENGALURU (Reuters) – Indian IT services company Coforge reported a 4.3% increase in third-quarter profit, aided by deal wins in a challenging macroeconomic environment, and reiterated its revenue growth forecast for fiscal year 2024. Consolidated net profit rose to 2.38 billion rupees ($28.6 million) for the quarter ended Dec. 31 from 2.28 billion rupees a …
India’s Coforge Q3 profit rises on deal wins, maintains FY revenue forecast Read More »
SHANGHAI (Reuters) – Foreign carmakers that have been losing market share to local rivals in China have boosted exports from the world’s largest auto market, accounting for more than a fifth of the country’s total vehicle exports last year, industry data showed. China is estimated to have overtaken Japan as the world’s largest auto exporter …
Foreign auto brands boost exports as China sales remain weak – data Read More »
BEIJING/HONG KONG (Reuters) – China’s Vice President Han Zheng on Monday met with HSBC Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation with China to improve Hong Kong’s status as a financial centre, the official Xinhua news agency reported. “We hope HSBC can use its own advantage and deepen mutually …
HSBC chair ‘confident’ on China investment, meets vice president – state media Read More »
NEW DELHI (Reuters) – After two years of negotiations, Japan’s Sony on Monday terminated a $10 billion merger of their India operations with Zee Entertainment. Here is a timeline of some key moments in the negotiations: September 22, 2021 – Zee Entertainment enters into merger talks with Sony. The company’s current CEO Punit Goenka was …
Sony scraps $10 billion India merger talks with Zee Entertainment Read More »
(Reuters) – India batter Virat Kohli has pulled out of the first two tests against England citing personal reasons, the Board of Control for Cricket in India (BCCI) said on Monday. Kohli, 35, has scored nearly 9,000 runs in 113 test matches. “Virat has spoken to Captain Rohit Sharma, the team management and the selectors… …
Cricket-India’s Kohli to miss first two tests v England Read More »
