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China’s BYD plans to build new EV plant in Mexico
China's top electric vehicle manufacturer, BYD, is considering establishing a plant in Mexico to serve as an export…
S. Africa’s rand strong ahead of upcoming retail data
S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Sony plans financial unit IPO in ‘25
Sony Group Corp. announced that it will list its financial arm in October 2025, setting the stage for a significant…
China’s SMEs report improved performance in Jan.
China's Small and Medium-sized Enterprises (SMEs) witnessed a positive improvement in their business performance…
Yangtze energy corridor lights up ’23 with more power
In 2023, the world’s largest clean energy corridor, featuring six mega hydropower stations on China’s Yangtze…
Yen decline challenges BOJ on rates decision
The sharp decline of the yen below 150 against the dollar complicates matters further for the Bank of Japan (BOJ).
Bitcoin holds amid US inflation shock
Bitcoin weathered a strong U.S. inflation report that unsettled global markets and dampened expectations for quick…
Asian stocks down, dollar up
Asian shares continued a global sell-off on Wednesday, while the dollar and Treasury yields rose as traders…
EU investment portfolio in Egypt hits €5.8 billion – official
The EU’s investment portfolio with Egypt has reached €5.8 million ($6.2 billion), said Gerassimos Thomas,…
SoftBank shares surge to highest level since May ’21
SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…