By Nick Carey LONDON (Reuters) – U.S. startup ClearMotion will supply its active suspension technology for Chinese EV maker Nio’s upcoming ET9 in a contract covering 750,000 cars over the lifetime of…
By Howard Schneider WASHINGTON (Reuters) – Pessimists watching the Federal Reserve battle inflation have focused on the so-called “last-mile” problem, convinced a full return to the U.S. central bank’s 2% inflation target…
BEIJING (Reuters) – China’s President Xi Jinping told Russian counterpart Vladimir Putin on Friday that the road to peace talks on Ukraine would not be smooth and that China would continue to…
SHANGHAI (Reuters) – The asset management arms of some Chinese banks are turning to an accounting method that smoothes out the performance of wealth management products as they try to stem a…
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out volatile moves driven by speculators, former…
By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that averaging bank stress test results over several years could reduce volatility in bank capital requirements, as part of…
SEOUL – Samsung Electronics Vice Chairman Jay Y. Lee met with ASML Holding NV CEO Peter Wennink on Tuesday to discuss cooperating over the adoption of high-end chip equipment, Samsung said on…
By Leika Kihara TOKYO – Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so “won’t be…