by | Dec 26, 2024 | Business News
BANGKOK (AP) — A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands. Earlier in the week, a... by | Dec 26, 2024 | Business News
BANGKOK (AP) — China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for total economic activity, or GDP, in 2023 for the... by | Dec 26, 2024 | Business News
BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China’s fifth National Economic... by | Dec 26, 2024 | Business News
SEOUL (Reuters) – South Korean retailer Shinsegae Group plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce... by | Dec 26, 2024 | Business News
BEIJING (Reuters) – Chinese electric vehicle producer BYD’s contractor Jinjiang Group stated on Thursday that the Brazilian authorities’ portrayal of their employees as enslaved is completely inconsistent with the facts. “Being unjustly labeled as ‘enslaved’ has... by | Dec 26, 2024 | Business News
BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose. Japan’s Nikkei 225 index surged 0.8% to 39,449.55, on strong gains in retailers and tourism-related stocks after Japan agreed to ease visa...
