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TOKYO: A joint battery venture of Toyota Motor Corp and Panasonic Corp on Tuesday said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV).
WASHINGTON: With its rapid return to growth, China could lend an impetus to the world’s economic recovery by expanding vaccine access, providing debt relief and sustaining global infrastructure investment, the International Monetary Fund (IMF) said Wednesday.
PETALING JAYA: Ace Market-listed Asia Poly Holdings Bhd has signed a head of agreement with Gooi Chin Hooi to acquire 30% of the shares in unlisted GB Plas Sdn Bhd for RM15mil.
KUALA LUMPUR: INIX Technologies Holdings Bhd has entered into a memorandum of agreement (MOA) to acquire a glove producer in Beranang, Selangor.
BEIJING/SHANGHAI: China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving.
KUALA LUMPUR: Boustead Holdings Bhd, Bursa Malaysia Bhd, Bintai Kinden Corp Bhd, TCS Group Holdings Bhd, Willowglen MSC Bhd and T7 Global Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
KUALA LUMPUR: Greatech Technology Bhd, a factory automation solutions provider, posted a jump in earnings in last quarter boosted by its growing electric vehicle (EV) energy storage business.
SHANGHAI: Skincare and beauty company L’Oreal Group is working hard to carry out its “good consumption” pledge made during the China International Import Expo, with a torrent of new store openings and campaign launches targeting the Chinese market within a month.