The logo of Suzuki Motor Corp. is pictured at the 45th Tokyo Motor Show in Tokyo

Japan's Suzuki To Invest $35 Billion Through 2030 In EVs

The Japanese automaker known for making compact "kei" cars said it would invest 2 trillion yen in electrification and autonomous driving technologies, while allocating 2.5 trillion yen to build a battery EV plant and for renewable energy facilities.
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The logo of German industrial group Siemens is seen in Zug

Siemens Signs 3 Billion Eur Train Deal In India

Siemens has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India, the German engineering company said on Monday, the biggest locomotive deal in its history.
Illustration photo of a Japan Yen note

What Is Happening In Japan's Bond Market?

Because bond yields rise when prices fall, defending the upper limit of the band has forced it to buy bonds in vast quantities, leaving it owning more than half the market.
A molten salt solar tower stands behind electricity pylons at a power station near Dunhuang

Strong ESG Issuance In Asia Defies Global Decline

Sustainable funding held up in Asia during a rough patch globally last year thanks to strong local demand, and bankers say a pipeline of de-carbonisation projects is likely to keep deals flowing in 2023.
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court

Sam Bankman-Fried's Father Retains Attorney - Source

The father of FTX founder Sam Bankman-Fried has retained a New York attorney in recent weeks, a source familiar with the matter told Reuters, as prosecutors probe Bankman-Fried's alleged cryptocurrency fraud scheme.
A worker in a protective suit walks near a plane of Air China airlines at Beijing Capital International Airport as coronavirus disease (COVID-19) outbreaks continue in Beijing

China Outbound Flight Bookings At 15% Of Pre-pandemic Levels

China's outbound flight bookings were at only 15% of pre-pandemic levels in the week after the country announced it would reopen its borders, despite a 192% jump from the same period last year, travel data firm ForwardKeys said on Thursday.
All Black supporter drinks beer as he sits in rain before first test against British and Irish ...

New Zealand Breweries See CO2 Rationing As Shortage Hits

New Zealand supplies of carbon dioxide (CO2), used to fizz drinks and in packaging and hospitals, are having to be rationed because of shortages following the closure of the country's only food-grade CO2 production facility.
Jack Ma, founder and executive chairman of China's Alibaba Group, speaks in front of a picture of SoftBank's human-like robot named 'pepper' during a news conference in Chiba

Ant Group Founder Jack Ma To Give Up Control In Key Revamp

Ant Group's founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two years ago.
Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang

Oil Dips As China COVID Spike Dampens Demand Outlook

The scale of the latest outbreak and doubts over official data prompted some countries to enact new travel rules on Chinese visitors, even as China began dismantling the world's strictest COVID regime of lockdowns and testing.