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☆ Shares drop as 'higher-for-longer' rate outlook rattles investors
▼ + stars: | 2023-09-25 | by ( Amanda Cooper | ) www.reuters.com time to read: +5 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 22, 2023. The MSCI All-World index (.MIWD00000PUS), which is heading for its worst monthly performance this year, with a 3.6% drop, was down 0.2% on the day. U.S. 10-year Treasury yields have nudged at 4.5% for the first time since October 2007, and on Monday were up 5 basis points at 4.491%, set for their largest monthly rise in a year, reflecting investor unease over the economic outlook. The dollar index got a boost from the rise in Treasury yields, rising 0.1% on the day. Brent crude futures rose 0.2% to $93.48 a barrel, while West Texas Intermediate rose 0.1% to $90.16.

Persons: Jerome Powell, Frederik Ducrozet, Ducrozet, Powell, Evergrande, Andrew Lilley, Kazuo Ueda, Stella Qiu, Himani Sarkar, Jacqueline Wong, Miral Fahmy, Mark Heinrich Our Organizations: REUTERS, Staff, Global, European Central Bank, Bank of England, Federal Reserve, Treasury, Pictet Wealth Management, Nasdaq, Barrenjoey, Bank of Japan, Brent, West Texas, Thomson Locations: Frankfurt, Germany, U.S, Europe, CHINA

☆ Asian shares slip after brutal central bank week, yen in focus
▼ + stars: | 2023-09-25 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. S&P 500 futures , however, rose 0.3% while Nasdaq futures gained 0.4%, after Hollywood's writers union reached a preliminary labor agreement with major studios. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) dropped 0.5%, edging back to a 10-month low plumbed just last week. U.S. central bank officials will be out in force this week, starting with Minneapolis Fed President Neel Kashkari on Monday. Brent crude futures rose 0.6% to $93.79 per barrel.

Persons: Issei Kato, Kazuo Ueda, HSI, Louis Kuijs, Neel Kashkari, Andrew Lilley, Stella Qiu, Himani Sarkar, Jacqueline Wong Organizations: REUTERS, Bank of Japan, Nasdaq, Japan's Nikkei, Hengda, Estate Group Co, U.S, Minneapolis, European Central Bank, Brent, . West Texas, Thomson Locations: Tokyo, Japan, Europe SYDNEY, China, U.S, Europe, Asia, Pacific, firming, U.S . Federal

☆ Asian shares fall after brutal central bank week, yen under spotlight
▼ + stars: | 2023-09-25 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. The yen was jittery near the closely watched 150 per dollar level amid intervention fears, after the Bank of Japan made no change to its dovish monetary policy. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) dropped 0.6%, edging closer to a ten-month low plumbed just last week. Bruce Kasman, chief economist at JPMorgan, expects good news from U.S. and European inflation results this week, which should show low core inflation readings. The yen last traded at 148.41 per dollar, after hitting a fresh 10-month low of 148.49 earlier in the day.

Persons: Issei Kato, Kazuo Ueda, Hong, HSI, Louis Kuijs, Andrew Lilley, Bruce Kasman, Stella Qiu, Sonali Paul, Himani Organizations: REUTERS, Rights, Bank of Japan, Japan's Nikkei, U.S, JPMorgan, U.S ., Brent, . West Texas, Thomson Locations: Tokyo, Japan, China, U.S, Europe, Asia, Pacific, U.S . Federal

Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. Despite inflation in Thailand edging up slightly to 0.88% in August, it remained below the central bank's 1-3% target range for a fourth consecutive month, suggesting little need for the Bank of Thailand (BOT) to continue hiking. A strong majority of economists in a Sept. 18-22 poll, 21 of 27, expected the BOT to keep its benchmark one-day repurchase rate (THCBIR=ECI) at 2.25% on Wednesday. None expected the central bank to raise interest rates at the following meeting in November. Median forecasts showed interest rates remaining at 2.25% through next year.

Persons: Jorge Silva, Sethaput Suthiwartnarueput, Lavanya Venkateswaran, Aris, Anant Chandak, Susobhan Sarkar, Devayani Sathyan, Jonathan Cable, Kim Coghill Organizations: Bank of, REUTERS, Bank of Thailand, Aris Dacanay, HSBC, Thomson Locations: Bank of Thailand, Bangkok, Thailand, BENGALURU, China, ASEAN

☆ Europe captain Donald relishing return of Ryder Cup roar
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

[1/2] Golf - The 2023 Ryder Cup - Marco Simone Golf & Country Club, Rome, Italy - September 25, 2023 Team Europe captain Luke Donald during a press conference as the Ryder Cup trophy is seen REUTERS/Guglielmo Mangiapane Acquire Licensing RightsROME, Sept 25 (Reuters) - Europe suffered their worst Ryder Cup defeat two years ago at a hostile Whistling Straits but captain Luke Donald believes the energy of the home crowd in Rome can be a decisive factor in reclaiming the trophy this week. Plenty of Americans will make the trip too, but home advantage will definitely favour Europe as they look to continue their domination on home soil. It's really just that simple," Johnson, who featured on three American sides to lose in Europe, said. We are coming off our worst defeat ever in a Ryder Cup," Donald said. "The U.S. players are strong, high up in the world rankings and they have some great partnerships and have had a lot of success.

Persons: Ryder, Marco Simone Golf, Luke Donald, Guglielmo Mangiapane, Donald, Padraig Harrington's, Rome's Marco Simone, England's Donald, Zach Johnson, that's, Johnson, Brooks Koepka, Wyndham Clark, Brian Harman, Collin Morikawa, Jordan Spieth, Justin Thomas, Scottie Scheffler, Martyn Herman, Pritha Sarkar Organizations: Country Club, Ryder, Rights, United, Oakland Hills, Thomson Locations: Rome, Italy, Europe, Straits, United States, Plenty, U.S, Medinah

☆ China could do 'a lot' to reduce EU perception of risk - EU trade chief
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

BEIJING, Sept 25 (Reuters) - The European Union has no intention of cutting ties with China even as the bloc takes steps to lower economic dependencies and de-risk, but China "could do a lot" to help reduce the perception of risk, the EU trade chief said on Monday. The EU has long complained about a lack of level playing field in China and the politicisation of the business environment. Europe's economic ties with China are deep, but China "could do a lot to help reduce our perception of risk," Trade Commissioner Valdis Dombrovskis said in a speech delivered at the Tsinghua University in Beijing. Dombrovskis is expected to share his concerns with Chinese Vice Premier He Lifeng at a high-level economic and trade dialogue in Beijing on Monday. The EU's trade deficit with China widened to $276.6 billion in 2022 from $208.4 billion a year earlier, Chinese customs data show.

Persons: Valdis Dombrovskis, Dombrovskis, Ryan Woo, Bernard Orr, Yew, Himani Sarkar, Jacqueline Wong Organizations: European Union, EU, Tsinghua University, European Commission, Global Times, Thomson Locations: BEIJING, China, Moscow, Ukraine, Beijing, Europe, EU

☆ Spain's women players ready to stick to football after ending boycott, says Bonmati
▼ + stars: | 2023-09-25 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

CORDOBA, Spain, Sept 25 (Reuters) - Spain's women players want to "just stick to football" after they ended their boycott of the national team that started after former Spanish Federation (RFEF) boss Luis Rubiales kissed Jenni Hermoso on the lips following their World Cup triumph, midfielder Aitana Bonmati said. "The first few days were complicated, with stress, anxiety, but as the days have gone by things have changed. That included two dressing room rebellions that ended the international careers of several players before they finally accomplished change thanks to the latest boycott. "(Gender equality) is a global struggle and all the players feel it is a little bit our own," Bonmati said. "We are here to play football but we have a loudspeaker and a responsibility to leave football and women in a better place than we found it."

Persons: Luis Rubiales, Jenni Hermoso, Aitana Bonmati, Bonmati, Andreu Camps, Miguel Garcia Caba, RFEF, Fernando Kallas, Pritha Sarkar Organizations: Spanish Federation, UEFA, Sweden, Nations League Group, Cordoba, Switzerland, Thomson Locations: CORDOBA, Spain, Gothenburg

BEIJING/SHANGHAI, Sept 25 (Reuters) - Huawei Technologies (HWT.UL) kicked off a product launch event on Monday by thanking China for its support amid expectations the tech giant would later reveal more details on its latest Mate 60 smartphone series. Huawei launched the Mate 60 smartphone series last month with no pre-marketing events and has stayed mostly mum on its full capabilities. Users and analysts who bought the Mate 60 Pro said it had a Chinese-made chip and was capable of 5G speeds. He also said the company was working overtime and urgently manufacturing as many Mate 60 Pro smartphones as it could. While he did not discuss the Mate 60 smartphone series in detail, he announced the roll-out of a new ultra, high-end brand called 'Ultimate Design', whose products include a Mate 60 RS smartphone and a watch.

Persons: Yu Chengdong, Meng Wanzhou's, Washington . Meng, Ren Zhengfei, Yelin Mo, Brenda Goh, Himani Sarkar Organizations: Huawei Technologies, Huawei, Thomson Locations: BEIJING, SHANGHAI, China, Iran, U.S, Beijing, Washington

☆ Namibia chase elusive first World Cup win against Uruguay
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

Rugby Union - Rugby World Cup 2023 - Pool A - France v Namibia - Orange Velodrome, Marseille, France - September 21, 2023 Namibia's Johan Deysel looks on after being sent off REUTERS/Peter Cziborra/File Photo Acquire Licensing RightsSept 25 (Reuters) - Namibia have made seven changes to their starting line-up for their final Rugby World Cup Pool A match against Uruguay in Lyon on Wednesday, one of which has been forced through the absence of captain Johan Deysel. Coach Allister Coetzee has long targeted this fixture as the one to break his team’s unwanted record run of 25 consecutive losses in the World Cup since they made their debut in 1999. "The players know what a win means for the country, it can change a lot. Prop Johan Coetzee and wing Gerswin Mouton are therefore the only players to have started all four matches in France. Namibia lost 26-18 to Uruguay in Montevideo last month and Coetzee believes that elusive World Cup win is there for the taking.

Persons: Namibia's Johan Deysel, Peter Cziborra, Johan Deysel, Coach Allister Coetzee, Coetzee, Antoine Dupont, I’ve, He’s, Johan Coetzee, Gerswin Mouton, Alcino Izaacs, Danco Burger, Andre van den Berg, Tiaan Swanepoel, Damian Stevens, Richard Hardwick, Prince Gaoseb, Uanivi, They’ve, it’s, Jason Benade, Torsten Van Jaarsveld, Adriaan Ludick, Tiaan De Klerk, JC Greyling, Burger, Cliven, Louis van der, Desiderius Sethie, Haitembu Shifuka, PJ Van Lill, Max Katjijeko, Adriaan Booysen, Jacques Theron, Andre van der, Nick Said, Pritha Sarkar Organizations: Rugby Union, Rugby, REUTERS, Uruguay, Gerswin, Former Australia, Thomson Locations: France, Namibia, Orange, Marseille, Lyon, Deysel, flyhalf, scrumhalf, Uruguay, Montevideo, Andre van der Bergh

☆ Canada look to deliver Jamaica knockout punch and book Olympic ticket
▼ + stars: | 2023-09-25 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

With Jamaica on the ropes following a 2-0 defeat in Kingston, Olympic champions Canada return home for the second leg in control of their own destiny but coach Bev Priestman warned her players not to get complacent. I am demanding that we do that again, that we don't take our foot off the gas and we're only going one way," Priestman said on Monday following a Canada team practice. The CONCACAF region will have two spots in the 12 team Olympic tournament and with the United States having already secured one of those places, Canada or Jamaica will grab the other. "Let's be honest, Jamaica will do anything to get to an Olympic Games and we've got to match that and more," said Priestman. "We need the fans to be there right to the very end, that's going to be critical."

Persons: Asanka Brendon Ratnayake, Bev Priestman, Priestman, Nichelle, Adriana Leon, we've, Steve Keating, Pritha Sarkar Organizations: Soccer Football, FIFA, REUTERS, Rights, Olympic, Canada, CONCACAF, United, Paris, BMO, France, Panama, Thomson Locations: New Zealand, Canada, Melbourne, Australia, Jamaica, Kingston, United States, Brazil, Toronto

☆ Napoli's Osimhen misses late penalty in goalless draw with Bologna
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

BOLOGNA, Sept 24 (Reuters) - Napoli's underwhelming start to the season persisted after a missed penalty by Victor Osimhen condemned the Serie A champions to a 0-0 draw at Bologna on Sunday. The Nigerian striker fired his penalty wide of the target in the 72nd minute after Khvicha Kvaratskhelia's deflected cross had struck the arm of substitute Riccardo Calafiori. In the first half, Osimhen missed a chance to put Napoli ahead in the fifth minute when he struck the post. As for when he (Osimhen) went off, we talked about that, what I say to my players remains in the locker room," Garcia said. During a tense finale, Napoli's Andre-Frank Zambo Anguissa blocked a Bologna shot with his arm inside the penalty box.

Persons: Victor Osimhen, Khvicha Kvaratskhelia's, Riccardo Calafiori, Rudi Garcia, DAZN, Osimhen, Kvaratskhelia, Garcia, Napoli's Andre, Frank Zambo Anguissa, Tommy Lund, Pritha Sarkar Organizations: Serie, Bologna, Inter Milan, Napoli, Udinese, Thomson Locations: BOLOGNA, Nigerian, Bologna, Gdansk

☆ 'Go suck on an egg', Verstappen tells Red Bull's doubters
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

SUZUKA, Japan, Sept 23 (Reuters) - Max Verstappen told Red Bull's doubters to 'go suck on an egg' after taking a dominant Japanese Grand Prix pole position a week after the team's record run of 15 wins in a row ended in Singapore. There had been some who suspected a recent technical directive on flexible bodywork had clipped Red Bull's wings in Singapore and possibly beyond, but Verstappen showed normal service had resumed. "I think they can go suck on an egg. "I think what we've witnessed today is something very special," team boss Christian Horner told Sky Sports television. Horner said Singapore was "a bit of an anomaly" and the team had learned a few lessons.

Persons: Max Verstappen, Red Bull's, Oscar Piastri, Verstappen, Sergio Perez, we've, Christian Horner, it's, Horner, Alan Baldwin, Pritha Sarkar Organizations: Ferrari, Suzuka, Sky Sports, Thomson Locations: SUZUKA, Japan, Singapore, Suzuka, revving, London

☆ Federer vows not to be a stranger to tour in retirement
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Sept 23 (Reuters) - Swiss maestro Roger Federer said he had missed everything about tennis following his retirement last year and vowed to not be a stranger to the tour despite his off-court commitments and the challenge of parenting two sets of twins. "In a way, I miss everything about the game, the exciting moments spent on court, break points saved, winning match points, holding up trophies, walking past the fans, taking selfies," Federer said. I don't have the weight of another match, of another practice where the body is maybe not right. Can't have it all, I've had it for 25 years and it was incredible and I'd do it all over again." "I've made myself a promise that I'll be no stranger to the tour, I'll try to come back from time to time, not all the time, but from time to time," Federer said.

Persons: Roger Federer, Federer, I've, Elton John, Chris Martin, Coldplay, Leo, Lenny, Myla, Charlene, Shrivathsa Sridhar, Pritha Sarkar Organizations: Laver, Wimbledon, Team Europe, Thomson Locations: Swiss, Vancouver, London, Zurich, Bengaluru

☆ Gresini waiting for Marc Marquez decision, says Ducati director Ciabatti
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Sept 23 (Reuters) - Gresini Racing have the opportunity to sign Marc Marquez next season and are waiting for a decision from the six-times MotoGP champion, Ducati sporting director Paolo Ciabatti said on Saturday. Marquez has struggled with Honda this season and the Spaniard has finished only three races, his best finish being seventh place at Misano earlier this month. The 30-year-old said earlier this month that he will come to a decision during the Indian and Japanese Grands Prix. "As far as Gresini goes, I think it obviously looks like they have this opportunity and they are waiting for Marquez’s decision," Ciabatti said in an interview with MotoGP at the Indian Grand Prix. "For sure one is to stay with Honda, the other two we can only guess... You should ask Marc Marquez and Gresini what's going on.

Persons: Marc Marquez, Paolo Ciabatti, Marquez, Ciabatti, Alex, Gresini, Gresini what's, Rohith Nair, Pritha Sarkar Organizations: Ducati, Honda, Prix, MotoGP, Lenovo, LCR Honda, Thomson Locations: Japanese, Japan, Bengaluru

☆ Reus goal hands Dortmund nervous 1-0 win over Wolfsburg
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

DORTMUND, Germany, Sept 23 (Reuters) - Borussia Dortmund's Marco Reus slotted in a second half winner to give his team a 1-0 victory over in-form VfL Wolfsburg on Saturday after a largely toothless game. Dortmund had more than 60% possession in the first half but apart from a curled Reus free kick into the top corner that keeper Koen Casteels palmed wide, they had little to show for in terms of chances. They did pick up the pace after the break and came close with Julian Brandt before Reus completed a move launched by substitute Donyell Malen in the 68th for the winner. Dortmund are on 11 points, two off leaders Bayern Munich. Reporting by Karolos Grohmann, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Borussia Dortmund's Marco Reus, Koen Casteels, Paris St Germain, Edin Terzic, Julian Brandt, Reus, Donyell, Karolos Grohmann, Pritha Sarkar Organizations: Borussia Dortmund's, VfL Wolfsburg, Dortmund, Paris St, Champions League, Bayern Munich, Thomson Locations: DORTMUND, Germany, Reus

☆ Happy McLaren boss offers to fly Piastri's mum to Japan
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

SUZUKA, Japan, Sept 23 (Reuters) - McLaren Formula One boss Zak Brown offered to fly Oscar Piastri's mother to Japan after the Australian rookie driver put his car on the front row of the starting grid for Sunday's race at Suzuka. "I'm very happy to buy her an airline ticket," Brown told Sky Sports television after Nicole Piastri responded to a jubilant McLaren social media post with the words "anyone got a cheap flight to Japan?" From struggling to score points, McLaren are now looking quicker than engine provider Mercedes, even if well behind in the standings. "But of course I want to try and be the next Australian to break some other records or be added to those lists. A nice start, but of course, I want to be able to do more."

Persons: Zak Brown, Oscar Piastri's, Piastri, Brown, Nicole Piastri, McLaren, Nicole, Lando Norris, Max Verstappen, Norris, Andrea, Stella, Max, I’ve, Alan Baldwin, Pritha Sarkar Organizations: McLaren Formula, Suzuka, Belgian, Sky Sports, Saturday's, Mercedes, Australian, Thomson Locations: SUZUKA, Japan, Singapore, Australian, London

☆ Last-gasp penalty miss denies Portugal first win
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

The excellent Raffaele Storti grabbed a brace of tries for Portugal, who will rue their inability to manage the final few minutes. "That’s rugby, it isn’t one half," Georgia coach Levan Maisashvili said. "We played really hard in the first half but in the second Portugal dominated everywhere. Portugal rode out the 10 minutes a man light and scored the first points of the second half through two Samuel Marques penalties. Georgia finally got into the Portugal half in the closing stages and when Lucas gave away his needless penalty, they were able to set up an attacking lineout and drive over through Zamtaradze to level the score.

Persons: Nuno Sousa Guedes, Portugal agonisingly, scrumhalf Pedro Lucas, Tengiz Zamtaradze, Luka Matkava, Guedes, Patrice Lagisquet, Akaki Tabutsadze, Zamtaradze, Raffaele Storti, Levan Maisashvili, Niniashvili, Flyhalf Tedo Abzhandadze, Storti, Francisco Fernandes, Shalva Mamukashvili, deservedly, Samuel Marques, Jeronimo Portela, Lucas, Mitch Phillips, Nick Said, Pritha Sarkar Organizations: Georgia, Portugal, Thomson Locations: TOULOUSE, France, Portugal, Georgia, Tabutsadze, Georgian, Zamtaradze

☆ Xavi signs contract extension with Barcelona until 2025
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: 1 min

Sept 22 (Reuters) - Coach Xavi Hernandez has extended his contract with Barcelona until 2025 with an option for a further year, the LaLiga club said on Friday. The 43-year-old manager arrived at Barcelona on a three-year deal following the departure of Dutchman Ronald Koeman at the end of 2021. Former Spain international Xavi has coached Barca in 96 games, with 61 wins, 16 draws and 19 losses. Barca academy product Xavi spent 17 years as a player with the Catalan side, winning 25 trophies - including eight LaLiga titles and four Champions Leagues - in 767 appearances. Reporting by Janina Nuno Rios in Mexico City, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Xavi Hernandez, Dutchman Ronald Koeman, Xavi, Janina Nuno Rios, Pritha Sarkar Organizations: Barcelona, Spain, Barca, Spanish, Thomson Locations: Barcelona, Barca, Mexico City

☆ Nice snatch last-gasp win over Monaco to top Ligue 1 standings
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

MONACO, Sept 22 (Reuters) - Jeremie Boga's last-gasp goal salvaged a 1-0 win for Nice at AS Monaco on Friday, moving them to the top of the Ligue 1 standings. Nice moved up to 12 points, one ahead of Monaco. Stade Brestois, on 10 points, could top the standings on Saturday if they beat Olympique Lyonnais. Ivorian Boga secured the win for Nice in the 90th minute after passing several defenders before firing in a low shot to beat keeper Philipp Kohn. Monaco host Olympique de Marseille and Nice take on Stade Brestois next week.

Persons: Jeremie Boga's, Nice, Boga, Philipp Kohn, Marcin Bulka, Folarin, Janina Nuno Rios, Pritha Sarkar Organizations: MONACO, Nice, AS Monaco, Ligue, Monaco, Stade Brestois, Olympique Lyonnais, Olympique de Marseille, Thomson Locations: Mexico City, editin

☆ Toyota to speed up EV production, aims for over 600,000 vehicles in 2025, Nikkei reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022. REUTERS/Soe Zeya Tun Acquire Licensing RightsCompanies Toyota Motor Corp FollowTOKYO, Sept 22 (Reuters) - Toyota Motor (7203.T) will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei newspaper reported on Friday. The Nikkei report said the Japanese automaker was likely to step up production of battery-powered vehicles over the coming years to reach annual output of more than 600,000 vehicles in 2025. The company has previously said it targets sales of 1.5 million EVs annually by 2026 and 3.5 million, or about one-third of current global volume, by 2030. It sought to raise EV production to about 150,000 vehicles in 2023 and gradually increase it further to the 190,000-vehicle range next year, Nikkei said.

Persons: Soe Zeya, Daniel Leussink, Himani Sarkar, Jane Merriman Organizations: Toyota, REUTERS, Rights, Toyota Motor Corp, Lexus, Nikkei, Thomson Locations: Bangkok, Thailand

☆ Argentina grind out 19-10 win over Samoa
▼ + stars: | 2023-09-22 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +3 min

SAINT-ETIENNE, Sept 22 (Reuters) - Fullback Emiliano Boffelli scored 16 points in a man-of-the-match performance as Argentina got their World Cup campaign back on track with a hard fought 19-10 victory over a committed Samoa on Friday. That set up a frenetic finale but Nicolas Sanchez, coming off the bench to win his 99th cap for Argentina, lashed over a final penalty from just inside the Samoa half to make the game safe and deny Samoa a losing bonus point. "It's pretty tough to win a test match, especially against a team of the calibre of Argentina with 40% possession," said Samoa coach Seilala Mapusua. England lead Pool D with nine points from two games, four points ahead of Samoa, who beat Chile 43-10 in their opener, and third-placed Japan with Argentina in fourth place on four points. Argentina laid siege to the Samoan try line at the start of the second half and finally came away with some points when Boffelli kicked his third penalty in the 53rd minute.

Persons: ETIENNE, Emiliano Boffelli, Boffelli, Michael Cheika, Christian, Sama Malolo, Nicolas Sanchez, Seilala Mapusua, Duncan Paia'aua, Alai D'Angelo Leuila, Manu, Nick Mulvenney, Pritha Sarkar Organizations: Pumas, Wallabies, Samoa, Chile, England, Thomson Locations: Argentina, Samoa, Argentine, England, Japan, Saint Etienne

SYDNEY, Sept 22 (Reuters) - Vietnamese internet company VNG Ltd has delayed a $150 million U.S. initial public offering (IPO) due to volatile market conditions, a person with direct knowledge of the matter told Reuters. The person spoke on condition of anonymity as the information is not yet public. Founded in 2004, VNG was Vietnam's first unicorn, or a startup valued at $1 billion or more. VNG still aims to carry out a New York listing, likely in the first half of 2024, they added. Reporting by Scott Murdoch in Sydney and Yantoultra Ngui in Singapore; Editing by Himani Sarkar and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: VNG, Scott Murdoch, Yantoultra, Himani Sarkar, Rashmi Organizations: VNG, Reuters, U.S, Thomson Locations: New York, Sydney, Singapore

☆ China, EU to hold high-level economic and trade dialogue in Beijing
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: 1 min

An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/File photo Acquire Licensing RightsBEIJING, Sept 21 (Reuters) - The 10th China-European Union High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the Chinese commerce ministry said on Thursday. Chinese Vice-Premier He Lifeng will co-chair the meeting with European Commissioner for Trade Valdis Dombrovskis. Reporting by Joe Cash, Albee Zhang and Ethan Wang; Editing by Neil Fullick and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Jason Lee, Lifeng, Joe Cash, Albee Zhang, Ethan Wang, Neil Fullick, Himani Organizations: REUTERS, Rights, European, Trade Valdis, Thomson Locations: China, EU, Beijing, Rights BEIJING

☆ Beijing Fourth Paradigm to price Hong Kong IPO at low end of range -source
▼ + stars: | 2023-09-21 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +1 min

SYDNEY, Sept 21 (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billion ($131 million), a source with direct knowledge of the matter said. Fourth Paradigm is selling 18.4 million shares in the IPO and had flagged a price range to investors of HK$55.60 to HK$61.16 each, according to its regulatory filings. It is the second IPO this week to price at the bottom end of the range with Tuhu Car raising $145 million with the final price at the low point. Three cornerstone investors, headed by New China Capital Management, subscribed for about $96.8 million worth of Fourth Paradigm stock, which equates to 70.6% of the IPO, the filings showed. Fourth Paradigm counts Goldman Sachs (GS.N), Sinovation, Haitong International Investment and a number of state-backed funds as pre-IPO investors, according to filings.

Persons: Goldman Sachs, Scott Murdoch, Himani Sarkar, Alexander Smith Organizations: HK, Commerce Department, New China Capital Management, Paradigm, International Investment, Thomson Locations: Beijing, Sydney

☆ Chinese EV maker Nio launches first mobile phone
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

A logo of the electric vehicle maker NIO is seen at its store in Beijing, China August 20, 2020. REUTERS/Tingshu Wang Acquire Licensing RightsSHANGHAI, Sept 21 (Reuters) - Chinese electric vehicle maker Nio Inc (9866.HK) launched its first mobile phone on Thursday, in hopes that better software and connectivity will boost the appeal of its EV cars amid a fierce price war in China. Chief Executive William Li, a big driver of the project, unveiled the Nio Phone in the commercial capital of Shanghai, highlighting features such as the ability to control multiple cars with one device, or to unlock a car even when switched off. Nio posted a net loss of 6.12 billion yuan ($839.51 million) in the second quarter, versus a loss of 2.75 billion yuan in the corresponding period a year ago. Reporting by Zhang Yan and Brenda Goh; Editing by Himani Sarkar and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Tingshu Wang, William Li, Nio, Zhang Yan, Brenda Goh, Himani Sarkar, Clarence Fernandez Organizations: REUTERS, Rights, Nio, HK, CYVN Holdings, Thomson Locations: Beijing, China, Shanghai

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