Nissan looks to address ‘extreme market volatility’ with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million unit sales in the next three years and a 30% reduction in electric vehicle production costs by 2030.
China vows to treat foreign firms equally as it seeks more international investment
China has pledged to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise.
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.
China’s new guidelines block Intel and AMD chips in government computers: FT
Government agencies above the township level to purchase “safe and reliable” processors and operating systems.
Japan FX tsar Kanda says speculation behind weak yen, ready to take action
Japan’s top currency diplomat on Monday warned against speculators trying to sell off the yen, saying its weakness did not reflect fundamentals.
Singapore’s former transport minister S Iswaran slapped with 8 new charges
The new charges bring his total amount of charges to 35, including corruption. Iswaran has pleaded not guilty to the earlier 27 charges.
India’s inflation, growth at risk from Red Sea crisis-driven oil price rise, government says
India’s inflation and economic growth face risk due to rising oil prices from disruptions, emphasizing the need to diversify trade routes, said the government.
CNBC Daily Open: No ‘cracks’ in U.S. strong jobs growth
U.S. jobs growth continues to show remarkable resilence despite increasing signs of layoffs.
China faces ‘fork in the road,’ IMF Managing Director Georgieva says, as officials meet CEOs
China needs to “reinvent itself” with economic policies to speed resolution of its property crisis and boost domestic consumption and productivity, IMF said.
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.
