Toyota charts a new course in India with its first mass market hybrid car

The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, July 1 (Reuters) – Toyota Motor Corp (7203.T) on Friday unveiled its first mass market hybrid car … Read more

Japan business mood worsens for 2nd quarter amid rising costs

Cranes at an industrial port are seen in front of Mount Fuji in Tokyo, Japan, February 17, 2022. REUTERS / Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Big manufacturers’ sentiment index at +9 vs f’cast +13 Big non-manufacturers’ index at +13 vs f’cast +14 Capex plans for big firms seen rising … Read more

HSBC to relaunch India private banking business within a year -executive

A yellow ambassador taxi drives past the HSBC bank building in Kolkata November 5, 2013. REUTERS / Rupak De Chowdhuri Register now for FREE unlimited access to Reuters.com Register MUMBAI, June 30 (Reuters) – HSBC Holdings PLC (HSBA.L) plans to relaunch its India private banking business within a year, its India CEO told Reuters on … Read more

Business leaders say new Hong Kong chief must open up city, rebuild its image

Water barriers are set up outside the Hong Kong Convention and Exhibition Center, ahead of the 25th anniversary of Hong Kong’s handover to China from Britain, in Hong Kong, China June 29, 2022. REUTERS / Lam Yik / File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 30 (Reuters) – … Read more

Japan’s worst factory output slump in two years heaps pressure on economy

Smoke rises from a factory during the sunset at Keihin industrial zone in Kawasaki, Japan, January 16, 2017. REUTERS / Toru Hanai / Register now for FREE unlimited access to Reuters.com Register May output drops 7.2% m / m, much weaker than expected Production of cars, electrical and general machinery slump Manufacturers see output recover … Read more

Factbox: Major finance milestones as Hong Kong marks 25 years since handover

A general view of Two International Finance Center (IFC), HSBC headquarters and Bank of China in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 28 (Reuters) – Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here … Read more

Hong Kong’s top finance executives bank on city to thrive as gateway to China

HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some … Read more

Analysis: Record numbers of Chinese graduates enter worst job market in decades

10.8 mln Chinese graduates to enter job market in weak economy Youth unemployment at 18.4%, 3 times higher than overall rate Graduates’ jobs a top government priority amid stability risks BEIJING, June 23 (Reuters)-Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job … Read more

SoftBank overseas business chief exits in latest churn

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS / Issei Kato / Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Wednesday it has appointed Alex Clavel as chief executive of … Read more

BOJ policymakers warned of economic harm from excess yen moves at April meet

Some BOJ members warned of damage from excess FX moves – minutes One member said weak yen good for Japan’s economy – minutes Board divided over chance of overshoot in inflation outlook BOJ strengthened commitment to keep rates low at April meeting Govt spokesperson says rapid FX moves undesirable TOKYO, June 22 (Reuters) – Some … Read more