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BYD Opens First Southeast Asia Plant in Thailand, Making the Country an EV Manufacturing Hub

Rayong, Thailand – July 4, 2024: Chinese automaker BYD has officially opened its first Southeast Asia plant in Rayong, Thailand. The $490 million facility...

Japan Faces Serious Foreign Worker Shortage: Economic Growth at Risk?

Tokyo, July 4 - Japan faces a critical shortage of foreign workers, essential for achieving the country's economic growth targets. According to the state-run...

Economy: Fed Not Ready to Cut Rates Just Yet

Washington, July 4 - The Federal Reserve is not yet ready to start lowering its interest rates. The central bank's minutes from its June...

Oil: Prices Fall on Expectations of Weakening US Demand

Singapore, July 4 (Financeflashnews) - Oil prices fell on Thursday morning as investors remained cautious amid signs of weakening demand in the United States,...

UK Economy Grew Slightly Stronger in Q1

The UK economy grew slightly stronger in the first quarter of this year than previously estimated, the British statistics office ONS said on Friday....

Nike reports $1.5 billion in profit, but revenue misses expectations

U.S. sportswear giant Nike reported an unexpected surge in profit in the fourth quarter of fiscal year 2023/2024. This news cheered investors, but their...

South Korea Car Export in 2024: Record High Expected

Seoul, June 24, 2024 - According to forecasts by the Korea Automobile and Mobility Association (KAMA), South Korea's car exports are projected to...

Euro 2024 fans guzzle 44,000 liters of beer on Deutsche Bahn trains

Berlin, June 24, 2024 - Football fans who flocked to Germany to watch Euro 2024 matches had a serious thirst. During the first week...

EU Consumers Face Potential Meat Price Hike Amid Pork Export Ban to China

Brussels, June 19, 2024 - European consumers may soon face a potential rise in meat prices due to the looming ban on EU pork...

ECB Could Cut Rates Again if Eurozone Inflation Slows Further, Says Centeno

Lisbon/Rome, June 19, 2024 - European Central Bank (ECB) Governing Council member and Bank of Portugal Governor Mario Centeno has indicated that the...

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