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BANGKOK -- Major Thai gas station operator PTG Energy is retooling operations with the anticipated spread of electric vehicles, increasing coffee shops under its umbrella fivefold over the next three years and boosting the ratio of non-oil businesses in gross profit to 50%.
TOKYO -- Major Japanese companies see exchange rate shifts denting operating profit by 266.7 billion yen ($1.7 billion) in fiscal 2024, a sharp downturn from the boost provided by the yen's weakness last fiscal year.
BEIJING -- Major Chinese display manufacturer Visionox said Tuesday that it will invest 55 billion yuan ($7.6 billion) to build a plant for cutting-edge organic light-emitting diode (OLED) panels, intensifying competition in the arena with Samsung Electronics and compatriot BOE Technology.
HONG KONG -- Major mainland stock indexes closed slightly lower on Monday, the same day exchanges halted real-time trading volume data disclosures on foreign investors coming through Hong Kong.
Chinese fintech major Ant Group is looking to boost its global presence via its digital offering, Alipay+, as it seeks to connect mobile payment apps around the world.
TOKYO -- Major Japanese banks are vying for an estimated 58 trillion yen ($377 billion) in inherited bank deposits that are expected to move out of regional lenders over the next 30 years. Large money-center banks are eager to expand their deposit bases as interest rates begin to rise again, but their efforts could deal a serious blow to their much smaller rural rivals.
A major Baltimore bridge collapsed early Tuesday after it was hit by a large container ship.
SEOUL -- Major League Baseball's tour through Thursday in Seoul is expected to produce a financial boon locally thanks largely to the appearance of Japanese superstar Shohei Ohtani.