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China’s biggest automaker SAIC to have nearly 100 new EV models by 2025
BEIJING (Reuters) - SAIC Motor, the biggest automaker in China, plans to have nearly 100 new energy models with its partners by 2025, its…
Oil drops more than $1 after Saudi price cuts, demand optimism fades
By Florence TanSINGAPORE (Reuters) - Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July, after Saudi…
Asian stocks set to fall as Wall Street’s tech rally stumbles
By Alwyn ScottNEW YORK (Reuters) - Asian stocks were set to open in the red on Friday, after Wall Street's benchmarks posted their…
Asian shares set to rise on broader U.S. rally, dollar gains
By Alwyn ScottNEW YORK (Reuters) - Asian equities were set to open higher on Thursday after stronger U.S. economic data and the prospect…
Asian shares set to rise as recovery comes into focus
By Alwyn ScottNEW YORK (Reuters) - Asian shares were set gain on Wednesday, encouraged by buoyant U.S. moves that followed…
Asian stocks edge lower after Wall Street dips in month-end trade
By Alwyn ScottNEW YORK (Reuters) - Asian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar…
Dollar set for fourth monthly drop; yen steadies on reports of Suga run for PM
By Tom WestbrookSINGAPORE (Reuters) - The dollar was poised to register its fourth consecutive monthly decline on Monday, its longest…
U.S. consumer spending rises strongly; outlook uncertain as fiscal stimulus fades
By Lucia MutikaniWASHINGTON (Reuters) - U.S. consumer spending increased more than expected in July, boosting expectations for a sharp…
Dollar climbs against yen as Fed’s inflation shift drives yields higher
By Eimi YamamitsuTOKYO (Reuters) - The dollar hit a two-week high against Japan's yen on Friday, supported by U.S. bond yields, which…
Asian stocks set for cautious gains on Sino-U.S. trade hopes
By Katanga JohnsonWASHINGTON (Reuters) - Asian stock were set for a choppy session on Wednesday, following a mixed Wall Street lead as…