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Economy

Economy

Thai investigation clears BYD over discounts, sources say

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s consumer watchdog has cleared Chinese EV maker BYD (SZ:002594) of wrongdoing over…
Economy

TSMC founder Morris Chang offered top job to Jensen Huang, memoir shows

By Wen-Yee Lee TAIPEI (Reuters) – TSMC’s founder Morris Chang asked Nvidia (NASDAQ:NVDA)’s Jensen Huang to consider becoming the chief executive of…
Economy

India’s April-Oct fiscal deficit at 46.5% of FY25 target

NEW DELHI (Reuters) -India’s fiscal deficit for April-October was 7.5 trillion rupees ($88.79 billion), or 46.5% of the estimate for the year…
Economy

Australia central bank says inflation too high for near-term rate cut

By Wayne Cole SYDNEY (Reuters) – Australia’s top central banker said on Thursday that core inflation was too high to allow for…
Economy

Chip stocks rise, Microsoft probe, OPEC postpones meeting – what’s moving markets

Investing.com — Global chip stocks are trading higher on Thursday while U.S. markets are closed for the Thanksgiving holiday. OPEC has postponed…
Economy

Explainer-Could the ECB help France if borrowing costs surge further?

FRANKFURT (Reuters) – The European Central Bank is once again facing questions over whether it would shore up France’s rattled bond market…
Economy

Turkish cenbank sees high food prices hitting November inflation

ISTANBUL (Reuters) – The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent…
Economy

China warns of ‘necessary actions’ if US escalates chip curbs

(Reuters) – China warned on Thursday it would take “necessary actions” to protect Chinese firms if the U.S. escalated chip control measures,…
Economy

German opposition leader: ‘definitely’ no debt brake reform before February vote

BERLIN (Reuters) – Germany’s conservative opposition leader and possible next chancellor, Friedrich Merz, on Wednesday rejected a reform of the debt brake…
Economy

JPMorgan upgrades Mexican equities on U.S. growth, downgrades Brazil

(Reuters) – JPMorgan upgraded Mexican equities to “overweight” from “neutral” on the back of strong U.S. growth, but cut Brazilian equities citing…
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