Hong Kong Fintech News, Cryptocurrency Stories, Business Press Releases

New UK finance minister seeks end to ‘cycle of stagnation’

Britain's Chancellor of the Exchequer Kwasi Kwarteng arrives in Downing Street in London, Wednesday, Sept 7, 2022 for the first cabinet meeting since Liz Truss was installed as British Prime Minister a day earlier. (ALBERTO PEZZALI / AP) LONDON  –  New British finance minister Kwasi Kwarteng will detail close to 200 billion pounds ($225 billion) […]

Toyota to Invest Up to 730 Billion Yen in Japan/U.S. Battery Production

TOKYO, Aug 31, 2022 – (JCN Newswire via SEAPRWire.com) – Toyota Motor Corporation (Toyota) has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing, and aims to begin battery production between 2024 and […]

Mitsubishi Heavy Industries Achieves 22% YoY Increase in Order Intake and 52% YoY Increase in Net Profit in a Challenging First Quarter

TOKYO, Aug 5, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 22.3% year-over-year to YEN917.8 billion in the quarter ended June 30, 2022. Revenue rose 2.3% to YEN871.3 billion year-over-year, resulting in business profit(1) of YEN14.9 billion, a 30.4% decrease from the previous fiscal year, […]

Ukrainian president, British PM discuss security

In this file image provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelensky, center, and Britain's Prime Minister Boris Johnson walk on the square where damaged Russian military vehicles are displayed in Kyiv, Ukraine, June 17, 2022. (UKRAINIAN PRESIDENTIAL OFFICE VIA AP) KIEV/MOSCOW – Ukraine's President Volodymyr Zelensky has thanked British Prime Minister […]