Thailand car production drops sharply in June, local sales fall
Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than
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Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than
Thailand saw investment pledges rise 35% in the first half of this year to 458 billion baht ($12.68 billion), the Board of Investment said Thursday.
China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are
Five of China's major state-owned banks on Thursday cut deposit rates to cushion a hit to their already record low margins after this week's surprise lowering of lending
China's central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions
Australian bank ANZ said it has fired or suspended traders from its markets business over allegations of inappropriate behaviour and warned an
South Korea's economy unexpectedly shrank in the second quarter, clocking the sharpest contraction since 2022 as slumping consumer spending undermined an export boom,
Mexican breadmaker Bimbo's second-quarter net profit slipped by 16.3% compared to the same period last year to 3.32 billion pesos ($181.56 million), the firm reported on
Japan's Honda Motor will close a factory in China and halt vehicle production at another plant, the automaker said on Thursday, as it seeks to start producing more electric vehicles amid
Ameriprise Financial posted a 9% jump in second-quarter adjusted profit on Wednesday as rising client asset values boosted the financial adviser's fee-based income.
Equipment rental firm United Rentals posted a 7.6% rise in second-quarter profit on Wednesday, backed by robust demand for industrial tools and higher rental rates.
A look at the day ahead in Asian markets by Alden Bentley in New York Brace for fallout from a megacap-led wipe out.
Brazil and the United States will unveil a joint climate transition initiative, Brazilian Finance Minister Fernando Haddad said on Wednesday, after earlier meeting with U.S.
Universal Music Group, the label representing Taylor Swift, BTS and Drake, on Wednesday recorded higher than expected second quarter sales, which was offset by a slowdown in the
Carrefour on Wednesday upheld its end-year profit and cashflow targets, saying it looked to the second half of the year with confidence as its French and
AMC Entertainment Holdings said on Wednesday it would report a loss for the second quarter compared to a profit in the year-ago period, blaming a thin slate of big releases due to last
The Bank of Canada on Wednesday trimmed its growth forecast for 2024, citing lower consumption, and reiterated that it expected inflation to return sustainably to its 2%
U.S. business activity climbed to a 27-month high in July, but firms appeared to have some difficulty sustaining higher prices for their goods and services amid resistance from
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points for the second month in row, bringing it down to 4.5%, and said more cuts were likely if inflation
A panel at the Japanese labour ministry has decided to raise the national average minimum wage by about 5% to 1,054 yen ($6.85) per hour this fiscal year, the biggest ever jump,
NextEra Energy on Wednesday reported a lower-than-expected profit in the second quarter, partly hurt by lower segment sales and higher interest rates.
CME Group on Wednesday beat analyst estimates for its second-quarter profit, as the exchange operator notched record trading volumes, with investors rushing to manage
Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49
Elevator maker Otis Worldwide lowered its 2024 net sales forecast on Wednesday on softening demand for its new equipment from North America and China.
Germany's cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21 billion euros per year to help bolster stuttering growth