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On Thursday, investors in Asia will assess trade data from Japan and interest rate decision from the Reserve Bank of India. Global equities and currencies plunged earlier this week after the Bank of Japan hiked interest rates to their highest levels since 2008, and the U.S. released weaker-than-expected employment numbers. Asia-Pacific markets were mostly down in choppy trading on Thursday after U.S. stock benchmarks fell overnight, while investors assessed trade data from Japan and awaited India's rate decision. "Assuming that the price stability target will be achieved in the second half of fiscal 2025, the Bank should raise the policy interest rate to the level of the neutral interest rate toward that time," the summary read. Japanese technology investor SoftBank Group said in a statement on Wednesday that it would buy back up to 500 billion yen ($3.4 billion) of its shares as part of its efforts to boost shareholder returns.

Persons: Shinichi Uchida, Lasertec, Korea's Kospi Organizations: Reuters, The Reserve Bank of, Reserve Bank of India, Global, Bank of Japan, Dow Jones, Nasdaq, Nvidia, Nikkei, Bank, SoftBank, Semiconductor, Isuzu Motors, China's CSI, Cathay, Hong Kong's, Airbus Locations: The Reserve Bank of India, Asia, Japan, U.S, Pacific, Hong, Cathay Pacific

☆ China's BYD opens EV factory in Thailand, first in Southeast Asia
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: +2 min

China's BYD opens its first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. China's BYD opened an electric vehicle plant in Thailand on Thursday, the automaker's first factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player. "Thailand has a clear EV vision and is entering a new era of auto manufacturing," BYD CEO and President Wang Chuanfu said at the opening ceremony. The BYD plant is part of a wave of investment worth more than $1.44 billion from Chinese EV makers who are setting up factories in Thailand, helped by government subsidies and tax incentives. Other EV rivals in the local market include Great Wall Motor, which also has a production facility in Thailand, and U.S. automaker Tesla.

Persons: China's BYD, Wang Chuanfu, Narit Therdsteerasukdi, Liu Xueliang, Tesla Organizations: EV, HK, Toyota Motor, Honda Motor Co, Isuzu Motors, ASEAN, Thailand's, of Investment, European, BYD's, BYD's Asia Pacific, BYD, U.S Locations: Southeast Asia, Rayong, Thailand, China, Hong Kong, BYD, Hungary, BYD's China, BYD's Asia

☆ These 14 cheap stocks are off to a great start in 2024. Wall Street sees two jumping more than 30%
▼ + stars: | 2024-01-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Yet, shares in some companies are trading at steeper discounts than they have in recent history, presenting an opportunity for investors. The recent gains have led to bulls and bears claiming the stock market is overheated , making stock-picking a significant challenge. Amazon shares also featured on the CNBC Pro's stock screen despite rising by about 75% in 2023. The e-commerce giant's shares still remain more than 15% below their high in 2021 despite the company's continued growth. Analysts expect the stock to rise 18% over the next 12 months.

Persons: Intesa Organizations: CNBC Pro, FactSet, CNBC, Nvidia, AstraZeneca, Isuzu, ARC Resources, Tourmaline Locations: Swedish

[1/2] Thailand's Prime Minister Srettha Thavisin arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. "And if you look at the month-by-month statistics, Chinese investments are still increasing," he told Reuters. "So I see that in the next two or three years, Chinese investments will still increase drastically in Thailand." But a large proportion of the 228 Chinese investments proposals this year have come in the electronics sector, according to the BOI. Chinese investments will likely continue for the next two years, Jareeporn said.

Persons: Srettha Thavisin, Tingshu Wang, General Narit Therdsteerasukdi, Srettha, Xiaomi Corp's, Alain Lam, Narit, Jareeporn Jarukornsakul, Jareeporn, Chayut, Shri Navaratnam Organizations: Thailand's, Beijing Capital International Airport, Forum, REUTERS, Rights, of Investment, Investment, Reuters, Thai, Initiative, HK, Toyota, Isuzu Motors, WHA, Thomson Locations: Beijing, China, Rights BANGKOK, Thailand, Singapore, Southeast Asia's, Thailand's, Thai

☆ An Israeli music festival photographer describes fleeing Hamas militants while watching attendees get shot behind him
▼ + stars: | 2023-10-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

A 20-year-old photographer told Insider how he escaped Hamas militants at the Nova music festival. Hamas militants opened fire on the festival-goers and took hostages, with those not fleeing playing dead or hiding in trees. He said the realization that Hamas militants were likely nearby caused him to have a panic attack. "I couldn't move, even to get back into the car," Derby explained. They drove again, and he said they passed a white Isuzu vehicle with Hamas militants in it.

Persons: —, Ido Derby, Derby, Tze'elim — Organizations: Nova, Service, Iron Dome, Israel Defense Forces, Derby, Isuzu Locations: Israel, Nova, Rishon LeTsiyon, Gaza, Tze'elim, Rishon

[1/2] The BYD Atto 3 EV car is displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. Siam Motors is in talks with several Chinese automakers about potential partnerships, particularly for high-end electric vehicles, vice president Sebastien Dupuy said in an interview, referring to previously unreported discussions. Thailand is Southeast Asia's largest car producer and exporter, and its second-largest sales market after Indonesia. Japanese automakers are so dominant that for decades they have treated it almost as an extension of their home market. Thailand's pitch to Chinese EV makers has been its existing supply base – built largely for Japanese automakers – and readiness to provide incentives.

Persons: Athit, Sebastien Dupuy, Pasit Chantharojwong, Wall's Ora, Tesla, Isuzu, Hajime Yamamoto, Yamamoto, Goldman Sachs, General Narit Therdsteerasukdi, Narong Sritalayon, BEV, Chayut, Daniel Leussink, Kevin Krolicki, Jamie Freed Organizations: REUTERS, Siam Motors, Nissan Motors, EV, Reuters Graphics CHINA, JAPAN, Toyota Corolla, China's SAIC, Toyota, Honda, Nomura Research, Reuters, Thailand's, of Investment, Wall, Thomson Locations: Thailand, Bangkok, Thailand BANGKOK, Siam, BYD, China, Thai, Southeast, Indonesia, Japan, Europe, JAPAN Bangkok, Tokyo

☆ Japan's Isuzu says it is not planning to relocate factory from Thailand to Indonesia
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +1 min

TOKYO, June 8 (Reuters) - Japanese truck maker Isuzu Motors (7202.T) on Thursday said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so. "While our company continues to focus on Indonesia as a major market, there are no plans to relocate a Thai factory to Indonesia," an Isuzu spokesperson said. Indonesian Industry Minister Agus Gumiwang Kartasasmita had said on Wednesday that Isuzu planned to move the factory and could start production as early as next year. A ministry spokesperson on Thursday did not immediately respond to a request for comment on the denial from Isuzu, which already has a factory in Karawang, Indonesia. Shares of some Thai auto parts companies sold off on Thursday after reports of the comment from the Indonesian industry minister.

Persons: Agus Gumiwang Kartasasmita, Daniel Leussink, Stefanno Sulaiman, Gerry Doyle Organizations: Isuzu Motors, Isuzu, Indonesian Industry, Thomson Locations: TOKYO, Thailand, Indonesia, Thai, Karawang, Tokyo, Jakarta

[1/2] The logo of Chinese carmaker Geely Auto is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. Thailand's Board of Investment held discussions with five major Chinese EV makers including Geely during a roadshow to China in April, its Secretary-General Narit Therdsteerasukdi said. "All expressed keen interest in Thailand's policy to develop a regional EV production base and an integrated EV supply chain," Narit said, without providing more details of the talks with Geely. BYD and China's Great Wall Motor Co Ltd (601633.SS) are already working on building local EV production in Thailand. China's Great Wall Motor has said it is considering a research and development centre in Thailand that could work on battery-powered pickup trucks.

Persons: Aly Song BANGKOK, Geely, Narit Therdsteerasukdi, JAC Motors, Narit, Aston Martin, China's, Devjyot Ghoshal, Zhang Yan, Jamie Freed Organizations: Shanghai, REUTERS, Reuters, of Investment, BYD Co, Chongqing Changan Automobile Co, Jiangling Motors Corp Ltd, EV, Wall Motor Co, Volvo, Aston, Malaysian carmaker Proton, Toyota Motor Corp, Isuzu Motors, Thomson Locations: Shanghai, China, Thailand, Chongqing, Geely, Swedish, Southeast Asia

The Hebei-based company is also considering establishing a research and development centre in Thailand that could work on battery powered pickup trucks, Narong Sritalayon, managing director of Great Wall Motor Thailand said in an interview. "I think there is a lot of things we can learn from Thailand's unique market for pickup trucks," Narong said. Great Wall launched its Ora Good Cat compact EV in Thailand in late 2021. Great Wall entered Thailand in 2020 after taking over a former General Motors Co (GM.N) plant that currently makes two of its Haval hybrid vehicles for sale in the country. But the facility could be upgraded for battery cell production with additional investment depending on demand and Thai government support, Great Wall added.

☆ Luxury Porsche converted into a high-tech military vehicle for a commander in Ukraine's army
▼ + stars: | 2023-05-07 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +4 min

A group of Ukrainian volunteers received a Porsche Cayenne to retrofit into a vehicle for the military. "When our team received this Porsche, it was quite a challenge to find the best way to utilize the luxury vehicle," said Roman Hapachylo, co-founder of Car for Ukraine. But the Porsche car was a different project. Car for Ukraine exists solely on donations of military aid, vehicles, and money. According to their website, they have distributed nearly $2 million worth of trucks to the Ukrainian military.

Persons: Ма

☆ Thailand in talks with CATL, others on potential battery plants, govt official says
▼ + stars: | 2023-05-03 | by ( Devjyot Ghoshal | ) www.reuters.com time to read: +3 min

"We are talking to many companies, not only CATL but many companies in the battery industry," said Narit Therdsteerasukdi, Secretary General of Thailand Board of Investment (BOI). CATL, the world's dominant battery supplier with a 37% market share, currently has no production facilities in Southeast Asia, its website shows. In the past few years, Thailand has drawn investments from EV companies, mainly Chinese, including Great Wall Motors and BYD Co (002594.SZ). Narit said the government's goal was to direct support and subsidies to land larger battery production facilities. CATL currently has 13 battery production hubs, 11 in China, one in Hungary and one in Germany.

☆ A young couple turned a Coca-Cola truck into a tiny home on wheels and now live rent-free
▼ + stars: | 2023-03-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A couple converted a Coca-Cola truck to live in while exploring Australia. Paul Battenally and Clara Trindall paid $17,500 for the vehicle and spent 11 months doing it up. "Then we came across the Coca-Cola truck, purchased it in 2021 and started converting it." The 32-year-old spent weekday afternoons and weekends over the next 11 months doing up the 2005 Isuzu truck, which cost $17,500. The couple, who were living in Wollongong, moved into their tiny home on wheels in November 2021 and spent a year living in it while saving cash for their dream trip.

☆ How Russian snipers are being fooled by a fleet of aging farm pickup trucks from Britain
▼ + stars: | 2022-12-11 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +5 min

The UK right-hand drive models confuse Russian snipers and have helped save the lives of Ukrainian soldiers. This slight difference to other trucks and vehicles on the frontline has saved the lives of many Ukrainian soldiers, Oleksii told Insider. According to Oleksii Russian snipers mistakenly aimed for the passenger seat, thinking they were shooting at the drivers. The Car4Ukraine team. Car4UkraineThe little things, or the little people, are the ones that can make a difference against Russia's "huge stupid army," Oleksii told Insider.

Persons: Ма

☆ Masato Kudo: Former Japanese international and MLS soccer player dies aged 32
▼ + stars: | 2022-10-23 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Japanese football club Tegevajaro Miyazaki has announced the death of striker Masato Kudo at age 32, the Japan Times reports. “From his achievements in the J1 to being selected for the Samurai Blue, Kudo was an incredibly accomplished player. But in spite of that he was never arrogant and cherished his teammates, the club and our supporters. The Japanese Professional Football League confirmed his passing on Twitter:“Along with the entire Japanese football community, we mourn the passing of Masato Kudo and wish to express our most heartfelt condolences to his family and friends,” the statement read. “Football Australia is deeply saddened to hear of the passing of Japanese forward Masato Kudo,” Football Australia, the sport’s governing body in Australia, also tweeted.

☆ 7 companies poised to cash in on the $30 billion hydrogen commercial-vehicle market by winning over giants like Amazon
▼ + stars: | 2022-09-20 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +7 min

Rising fuel costs, the possibility of stricter emissions regulations to come, and questions about battery supplies, have all increased the appeal of zero-emission fuel cells. Volvo TrucksVolvo GroupCEO: Martin LundstedtMarket Cap: $32.97 billionHQ: Gothenburg, SwedenVolvo Trucks said in June 2022 it had begun testing hydrogen fuel-cell trucks. In the latter case, Plug Power has provided Amazon with more than 15,000 fuel cells to replace the batteries in its warehouse forklifts since 2016. Plug just signed a new deal to provide the behemoth with the liquid hydrogen necessary to run its fuel-cell vehicles starting in 2025. As part of a deal with Weichai group, Ballard is building fuel cells in China to power fuel-cell vehicles in that market.

☆ 100 de autobuze noi! Când vor circula pe străzile Capitalei, dar şi în suburbii. E nevoie de șoferi
▼ + stars: | 2021-07-01 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Până la sfârşitul acestui an, pe străzile Capitalei, dar şi în suburbii vor circula 100 de autobuze noi. Noile autobuze ar putea însă să prindă praf în Parcul Urban de Autobuze. La sfârşit de ani o să avem 131 de autobuze ISUZU şi 58 de autobuze care acum le procurăm. Adică noi o să avem o cantitate de aproximativ 190 de autobuze la ceea ce avem astăzi 120", a menționat Vladimir Mitru, secretar al grupului de lucru. În Parcul Urban de Autobuze sunt 120 de unităţi de transport, dintre care 90 au peste un milion de kilometri parcurși.

Persons: Ceban, Vladimir Mitru Organizations: Primăria Locations: Capitalei, Primăria Chișinău, garanţie

☆ Подписан договор на покупку 100 новых автобусов для Кишинёва (ВИДЕО)
▼ + stars: | 2021-07-01 | by ( Ольга Донцова | ) aif.md time to read: +1 min

0Сегодня был подписан договор на покупку 100 новых автобусов для муниципалитета с гарантией 6,5 лет и обеспечением технического обслуживания на весь период. Об этом сообщил генеральный примар Ион Чебан, уточнив, что победителем стала компания ISUZU. По словам градоначальника, до конца этого года в Кишинёв будут доставлены 100 новых автобусов, которые давно были обещаны жителям столицы. Несмотря на то, что это была довольно долгая процедура, созданная для этого рабочая группа хорошо потрудилась. Желание иметь качественный общественный транспорт побудило нас усердно работать в этом направлении, – отметил Ион Чебан.

Persons: Ион Чебан, Генпримар, Чебан Organizations: ISUZU Locations: Кишинев

☆ Мэрия Кишинева подписала контракт на покупку 100 автобусов Isuzu
▼ + stars: | 2021-07-01 | by ( ) newsmaker.md time to read: +1 min

Мэрия Кишинева 1 июля подписала контракт о покупке 100 автобусов с турецкой компанией Isuzu Anadolu. Об этом сообщил мэр Ион Чебан, отметив, что новые автобусы прибудут в Кишинев до конца 2021 года. «Все 100 автобусов соответствуют самым высоким стандартам. Напомним, в конце апреля мэрия Кишинева объявила, что купит новые автобусы у «Минского автомобильного завода» (МАЗ), который выиграл тендер. Турецкая компания предложила продать 100 автобусов за $14,9 млн, тогда как МАЗ — $14 млн.

Persons: Ион Чебан, Чебан Organizations: Минский автомобильный завод» (МАЗ), Национальное агентство рассмотрения жалоб () Locations: Кишинев

☆ Мэрия Кишинева подписала контракт на покупку 100 новых автобусов марки ISUZU – Цензура МД
▼ + stars: | 2021-07-01 | by ( ) cenzura.md time to read: +1 min

Общество Мэрия Кишинева подписала контракт на покупку 100 новых автобусов марки ISUZUВ четверг, 1 июля, мэр столицы Ион Чебан подписал контракт на закупку 100 новых автобусов марки ISUZU для Кишинева. «100 автобусов будут доставлены в Кишинев до конца 2021 года на условиях гарантии на 6 с половиной лет и техническим обслуживанием. Новые маршруты для них будут определены сотрудниками, вовлеченными в управление муниципалитетом, от пригорода до столицы. Все поставляемые автобусы соответствуют самым высоким стандартам, они оснащены кондиционерами и всем необходимым», – сообщил Ион Чебан. Это общее достижение», – добавил мэр столицы.

Persons: Ион Чебан Organizations: Общество Мэрия Locations: Кишинев, Молдова

„100 de autobuze urmează să fie livrate la Chișinău până la sfârșitul anului 2021. Urmăriți live pe UNIMEDIA:Primarul capitalei, Ion Ceban, anunță că joi va fi semnat contractul de achiziționare și livrare a celor 100 de autobuze pentru municipiul Chișinău. Ceban a ținut să precizeze că cele 58 de unități de transport procurate de municipalitate nu fac parte din acest lot. Șapte autobuze, din cele 58 procurate de municipalitate, au ajuns ieri la Chișinău. Decizia de desemnare a câștigătorului licitației a fost anulată.

Persons: Ion Ceban, Ion Organizations: MAN, Volvo, Agenția, Filiala Locations: Chișinău, Filiala București

☆ NM Espresso: о чем башкан Гагаузии говорила в Страсбурге, как разошлись ее пути с Додоном, и зачем AUR палатки
▼ + stars: | 2021-06-30 | by ( ) newsmaker.md time to read: +4 min

По подсчетам ЦИК, с учетом уже выделенных правительством 70 млн, не хватает 22,4 млн леев. ВлахБашкан Гагаузии Ирина Влах выступила в Страсбурге на конференции, посвященной правам национальных меньшинств. NM тем временем разбирался, почему на нынешних выборах Ирина Влах отказалась от публичной поддержки Игоря Додона и ПСРМ, как это было на предыдущих парламентских и президентских выборах. О том, может ли это повлиять на позиции социалистов в Гагаузии и на результаты голосования в автономии — в материале «И не друг, и не Влах». NM тем временем выяснил, что единственный независимый кандидат на парламентских выборах Вячеслав Валько потратил деньги на рекламу в Facebook, связанную со сбором подписей в поддержку его кандидатуры.

Persons: —, Ирина Влах, Влах, Башкан, Игорь Додон, Вячеслав Валько, Валько, Ион Чебан Organizations: Facebook, Logistics, Isuzu Anadolu, Pfizer, •, ЦИК, Центризбирком, ПСРМ, КандидатыРумынская, КПП, Служба информации и безопасности (СИБ), СИБ, СИБа, ЕБРРЕвропейский банк реконструкции и развития (ЕБРР), ЕБРР, КишиневКишинев, Минский автозавод, Атаках, ВакцинацияМолдова, Спутник Locations: ., Гагаузия, Страсбург, Молдова, Евросоюз, Варницы, Джурджулештский порт, Кишинев, АтакиНебольшой, Атаки, ЭпидситуацияВ Молдова, СТР

☆ Хорошие новости: Еще 100 новых автобусов для кишиневцев
▼ + stars: | 2021-06-30 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Сегодня был подписан договор на закупку 100 новых автобусов для муниципалитета с гарантией 6 с половиной лет и обеспечением технического обслуживания на весь период. Об этом сообщил генпримар Ион Чебан. Таким образом, до конца этого года примэрия планирует привезти в Кишинев 100 новых автобусов. Автобусный парк наймет дополнительно водителей. «Я был нацелен вместе с командой модернизировать Городской автобусный парк Управление электротранспорта до конца своего мандата, чтобы автобусы и троллейбусы, которые будут курсировать по улицам столицы, соответствовали всем стандартам», – добавил генпримар.

Persons: Ион Чебан, Чебан Organizations: Управление электротранспорта Locations: Кишинев

☆ Primăria Chișinău va semna pe 1 iulie contractul de achiziție a 100 de autobuze noi
▼ + stars: | 2021-06-29 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Primăria municipiului Chișinău va semna joi, 1 iulie, contractul de achiziție a 100 de autobuze marca ISUZU, transmite MOLDPRES. Potrivit primarului capitalei, Ion Ceban, municipalitatea a ajuns la “toate clarificările” cu firma ISUZU și va semna, joi, 1 iulie, contractul privind livrarea celor 100 de autovehicule pentru Parcul Urban de Autobuze Chișinău. Cele 58 de autobuze cu rulaj, achiziționate în primăvara acestui an, nu fac parte a acestui contract. Primarul municipiului Chișinău a subliniat că, până la sfârșitul anului 2021, în componența Parcului Urban de Autobuze Chișinău vor intra 158 de autobuze, dintre care 58 - cu rulaj, iar 100, marca ISUZU, vor fi noi. Oficialul a declarat că mai multe amănunte vor fi oferite la ceremonia de semnare a contractului de livrare.

Persons: Ion, Oficialul Organizations: Urban Locations: Chișinău

☆ Мэрия Кишинева купит 100 новых автобусов Isuzu. Победителя второго тендера «дисквалифицировали»
▼ + stars: | 2021-06-29 | by ( ) newsmaker.md time to read: +2 min

Кишинев купит 100 новых автобусов у турецкой компании Isuzu Anadolu. «Хорошая новость, с которой я хочу поделиться с вами, — мы пришли к договоренности с Isuzu о покупке для Кишинева 100 новых автобусов. В четверг, 1 июля, мы подпишем договор на закупку 100 новых автобусов для муниципалитета. Также мэр столицы уточнил, что семь автобусов из 58, которые уже прибыли в Кишинев, не входят в эту партию из 100 автобусов. В конце апреля мэрия Кишинева выбрала компанию, у которой купит 100 новых автобусов — победителем конкурса стал «Минский автомобильный завод» (МАЗ), который предложил самую выгодную цену.

Persons: —, Ион Чебан, Чебан Organizations: Isuzu Anadolu, Facebook, — Isuzu, ISUZU, Isuzu, BMC, Национальное агентство рассмотрения жалоб (), Минский автомобильный завод» (МАЗ), МАЗ Locations: Xiamen King Long, Кишинев, Турция, Китай

☆ Примэрия Кишинева приобретет еще 100 автобусов
▼ + stars: | 2021-06-29 | by ( ) nokta.md time to read: 1 min

Мэр Кишинева Ион Чебан сообщает, что на этой неделе будет подписан контракт на закупку 100 новых автобусов. «Уточню: 7 автобусов в составе 58 транспортных единиц, которые уже прибыли в Кишинев-не входят в состав 100 автобусов. 58 автобусов будут немедленно распределены в пригородах столицы. Всего к концу года в Кишиневе будет минимум 158 автобусов. Кишинев нуждается в качественном общественном транспорте, и до конца мандата я предложил, чтобы вместе с командой модернизировать PUA и RTEC, чтобы автобусы и троллейбусы, которые будут ездить по улицам столицы, соответствовали всем стандартам», — объявил Чебан.

Persons: Ион Чебан, Чебан Locations: Кишинев, Кишиневне

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