Sony, Honda to adopt common EV platform, seeking lower costs
TOKYO -- Honda Motor and Sony Group will use a common platform to manufacture electric vehicles, as the Japanese partners look to reduce the cost of development.
Wellness asian news
China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world’s “bank for central banks” said, pointing to rising pressures on Asian currencies and capital outflows.
Mt. Gox begins repaying bitcoin to creditors a decade after exchange's collapse — what it means
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'It's not just Taylor Swift': ECB's Lagarde says Eras Tour is not alone in keeping euro zone inflation high
European Central Bank President Christine Lagarde said Tuesday that Taylor Swift's Eras Tour is not alone in keeping inflation high across the euro zone.
India’s stocks soar as investors bet big on Modi 3.0. Will the optimism last?
Market players have largely shrugged off worries about the government’s stability. On Wednesday, the Sensex rose to a historic 80,000 before slipping back below that level on Friday amid profit-taking and a dip in loan drawdowns by India’s top private lender, HDFC Bank. Even so, the index has still gained 11 per cent over the past six months.
Malaysia central bank holds key rate steady on inflation risks
KUALA LUMPUR (Reuters) -- Malaysia's central bank kept its benchmark interest rate steady on Thursday, in line with market expectations, as it flagged an expected pickup in inflation over the second half of 2024 following changes in diesel subsidies.
Millennials are ‘very ill-prepared’ to be the richest generation in history, wealth manager says
Millennials are poised to be the wealthiest generation in history, but are they ready to handle the large inflow of money?
Powell says Fed has made 'quite a bit of progress' on inflation but needs more confidence before cutting
Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he wants to see more before being confident enough to start cutting interest rates.