Wednesday, 28 May 2025, 1:12 pm

    Reuters

    136 POSTS

    Analysis: US automakers race to build more hybrids as EV sales slow

    As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

    Soaring Japanese equities offer investors cozy distance from troubled China

    As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.

    Biden’s reelection campaign joins TikTok in push for young voters

    U.S. President Joe Biden's reelection campaign joined short-form video app TikTok on Sunday, using the NFL's Super Bowl to kick off its new account to reach young voters ahead of the presidential election in November.

    Thailand to create asset management firm to tackle soaring household debt

    Thailand will establish an asset management firm in the first quarter of this year to help resolve its stubborn problem of high household debt, the prime minister said on Monday.

    IMF urges BOJ to end bond yield control, huge asset buying

    The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank's ultra-easy policy.

    Just in

    ADB bares major Southeast Asia push at regional summits

    Asian Development Bank (ADB) President Masato Kanda reaffirmed in Malaysia the institution’s strong commitment to advancing regional cooperation and integration at the 16th BIMP-EAGA and IMT-GT Summits, highlighting a unified approach to tackling regional challenges while unlocking shared opportunities.

    Government posts budget surplus in April, 4-month budget deficit widens

    The National Government (NG) recorded a budget surplus of...

    Chicken, tilapia output rise in 1Q; pork, fish dip

    Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA). 

    Musk pledge to refocus on firms reassures investors, lifts Tesla

    A pledge made by Elon Musk over weekend to re-immerse himself in his companies has revived investor confidence, sparking a rally in Tesla shares on Tuesday even as the electric vehicle maker faces operational headwinds.
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