Automakers investing in the South as EVs change the auto industry

Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING HILL, Tenn. – Jack Weaver can point to a cannon on a Civil War battlefield from the comfort of a shaded bench in his backyard — … Read more

Japanese shipping giant to take part in tidal power project

Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy … Read more

Hyundai to export heavy-duty hydrogen electric trucks to Germany

An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | Getty Images Hyundai Motor Company is to export 27 of its XCIENT Fuel Cell trucks to Germany, with the heavy-duty … Read more

Stocks rise following Wall Street bounce

SINGAPORE — Asia-Pacific shares traded higher on Thursday following the rally on Wall Street. Japan’s Nikkei 225 rose 0.76%, while the Topix index climbed 0.25%. The Kospi in South Korea gained 0.33% and the Kosdaq advanced 0.65%. In Australia, the S&P/ASX 200 added 0.21%. MSCI’s broadest index of Asia-Pacific shares outside of China was 0.21% … Read more

Hong Kong stocks drop 2%, South Korea CPI rises

SINGAPORE — Asia-Pacific stocks fell on Tuesday as South Korea’s inflation rose and investors look ahead to the Reserve Bank of Australia’s interest rate decision. Hong Kong’s Hang Seng index fell 2.13% in early trade, and the Hang Seng Tech index slipped 3.1%. The city’s gross domestic product shrank by 1.4% in the second quarter … Read more

South Korea GDP, central bank, currencies, oil

SINGAPORE — Shares in the Asia-Pacific were mostly higher on Tuesday as South Korea’s gross domestic product beat estimates. The Kospi in South Korea recovered from losses to rise 0.43%, while the Kosdaq gained 0.11%. South Korea’s economy grew 0.7% in the second quarter compared with the first quarter of 2022, according to estimates released … Read more

Trucker protests over gig worker law shut Port of Oakland terminals

Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. Truckers servicing some of the US’s busiest ports are staging protests as state-level labor rules that change their employment status begin to go into effect, creating another choke point in stressed US supply chains. Photographer: David Paul … Read more

Asia-Pacific stocks rise in early trade; New Zealand inflation at 32-year high

South Korea stocks led gains in Asia-Pacific markets early on Monday.

China exports, imports, central banks, interest rates

SINGAPORE – Shares in the Asia-Pacific were mixed on Wednesday ahead of China trade data and central bank decisions in the region. Japan’s Nikkei 225 rose 0.33%, and the Topix index gained 0.20% In South Korea, the Kospi advanced 0.38% and the Kosdaq was 0.62% higher. The S & P / ASX 200 in Australia … Read more

Wall Street recovery, currencies, oil

SINGAPORE – Asia-Pacific shares slipped on Wednesday despite Wall Street recovering most of its losses by the close. Oil futures rose after plunging overnight. Japan’s Nikkei 225 fell about 1% and the Topix index slipped 1.09%. In South Korea, the Kospi declined 0.74%, but the Kosdaq gained 0.82%. The S & P / ASX 200 … Read more