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Manufacturing asian news

Nikkei staff writer - Reuters - GRACE LI - China factory activity contracts for second straight month in June - asia.nikkei.com - China - Hong Kong

China factory activity contracts for second straight month in June

HONG KONG -- China's manufacturing activity contracted for the second consecutive month in June, as investors pin their hopes on a key Communist Party meeting in mid-July to revive the sluggish economy.

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Hadi Azmi - Amy Sood - Aidan Jones - Chinese EV makers race to Southeast Asia for growth amid US trade war - scmp.com - China - Usa - Indonesia - Malaysia - Hong Kong - city Jakarta

Chinese EV makers race to Southeast Asia for growth amid US trade war

EV sales in Southeast Asia are expected to hit between US$80 billion and US$100 billion by 2035, from about US$2 billion in 2021, according to a January report by EY-Parthenon, the strategy consulting arm of Ernst & Young.

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EDITH M LEDERER - Research expert tells UN it has ‘irrefutably’ established missile debris in Ukraine is North Korean - apnews.com - Usa - Russia - South Korea - North Korea - Ukraine - city Sanction

Research expert tells UN it has ‘irrefutably’ established missile debris in Ukraine is North Korean

UNITED NATIONS (AP) — The head of a research organization that has been tracing weapons used in attacks in Ukraine since 2018 told the United Nations Security Council on Friday it has “irrefutably” established that ballistic missile remnants found in Ukraine came from North Korea.

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DYLAN LOH - Nikkei staff writer - Singapore's CapitaLand focuses on Vietnam as supply chains leave China - asia.nikkei.com - China - Singapore - Vietnam - city Singapore

Singapore's CapitaLand focuses on Vietnam as supply chains leave China

SINGAPORE -- Singapore-listed property manager CapitaLand Investment plans to deploy up to $110 million in Vietnam to build or acquire industrial factories, expecting demand from manufacturers following supply chains out of China.

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Michael Wayland - Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs - cnbc.com

Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs

A Thursday investor event for Rivian Automotive that focused on cost-cutting efforts, efficiency gains and in-house technologies and software wasn't enough to build on the company's significant share growth this week.

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Annie Palmer - Amazon plans to launch discount store in bid to fend off Temu and Shein - cnbc.com - China - Usa

Amazon plans to launch discount store in bid to fend off Temu and Shein

Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned.

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Reuters - South Korea shuts battery plant where 17 Chinese workers were killed in fire, begins probe - scmp.com - China - South Korea - city Seoul

South Korea shuts battery plant where 17 Chinese workers were killed in fire, begins probe

South Korean authorities ordered a halt on Wednesday to the operations of a manufacturer of lithium batteries after a fire killed 23 people, as they investigate three company officials for suspected safety violations.

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Ryan Browne - Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile - cnbc.com - Taiwan - South Korea - Netherlands - Switzerland

Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile

Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session.

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