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Reuters: Business News

Toyota, Panasonic setting up EV battery JV amid rising China competition: source
Toyota Motor Corp and Panasonic Corp are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.


POSTED JANUARY 20, 2019 10:12 PM
China's economy cools in the fourth quarter, 2018 growth hits 28-year low
China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.


POSTED JANUARY 20, 2019 9:54 PM
China's economy cools in fourth quarter, 2018 growth at 28-year low
China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.


POSTED JANUARY 20, 2019 9:54 PM
China's December property investment slows in sign of fatigue for key GDP driver
Growth in property investment in China cooled to the second slowest pace in 2018 in December, adding to signs of a further slackening in the real estate market in a blow to a key driver economic growth.


POSTED JANUARY 20, 2019 9:54 PM
China December daily crude steel output at lowest since March
China's average daily steel output in December hit its lowest level since March, according to Reuters calculations based on official data, as producers cut output amid shrinking profit-margins.


POSTED JANUARY 20, 2019 9:41 PM
China's survey-based jobless rate up to 4.9 percent in December
China's survey-based jobless rate was 4.9 percent at the end of December, the statistics bureau said on Monday, slightly up from 4.8 percent in November.


POSTED JANUARY 20, 2019 9:36 PM
Asia stocks calm as China slows, awaits Brexit news
Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.


POSTED JANUARY 20, 2019 9:32 PM
Nissan CEO says new capital ties with Renault not discussed
Nissan CEO Hirota Saikawa told reporters on Monday that he had not heard directly about a reported French proposal to integrate Nissan's management with France's Renault, adding that it was not the stage to discuss revising their capital ties.


POSTED JANUARY 20, 2019 9:27 PM
Berkshire denies media report on accord to extract lithium
A unit of Berkshire Hathaway Inc denied a report on Sunday that it reached an agreement to allow extraction of lithium from its geothermal wells in California, a project that could offer U.S. carmakers and battery producers a secure supply of the metal.


POSTED JANUARY 20, 2019 9:25 PM
Oil dips as China's economy slows but OPEC-led cuts support
Oil prices dipped on Monday as China reported its weakest annual economic growth in 28 years, although oil prices remain relatively well supported by supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC).


POSTED JANUARY 20, 2019 9:23 PM

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