TOKYO (Reuters) - Japanese trading house Sumitomo Corp ( SSUMF ) posted on Thursday net profit of 254 billion yen ($1.7 billion) for the six months to September, down 11% from the corresponding period a year ago, partially hit by weak coal prices. In the April to September period last year, Sumitomo's ( SSUMF ) net profit was 285 billion...

(Clarifies BYD's revenue win in paragraph 3) * Q3 net profit rises to 11.6 billion yuan * Revenue up 24% to 201.1 billion yuan * EV makers enjoy expanded old-for-new stimulus measures BEIJING, Oct 30 (Reuters) - Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by...

07:30 AM EDT, 10/30/2024 (MT Newswires) -- There is low risk in Canada with just round two of parliamentary testimony by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Rogers at the Senate on tap after the close of market at 4:15 p.m. ET Wednesday, said Scotiabank. Tuesday's first round of testimony with Macklem and Rogers at the...

SEOUL (Reuters) - Chinese planemaker COMAC opened in Hong Kong its second office this week outside mainland China, a subsidiary said on Thursday, as the state-owned company tries to break into a global passenger jet market dominated by Western manufacturers. COMAC's two commercial passenger planes are, with the exception of one Indonesian airline, all flown within China, but the firm...