Friday , 19 December 2025

Recent Posts

Hungary raises interest rates again to stem inflation

  Bloomberg The Hungarian central bank raised effective interest rates for the sixth time in as many weeks to stem accelerating inflation. A day after Prime Minister Viktor Orban announced a freeze on mortgage rates — which will act as a break on monetary tightening from the central bank — policy makers raised the one-week deposit rate by 20 basis …

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Chip shortage is not ending anytime soon

  Bloomberg A Chinese proverb goes, “If you have guanxi (relations) with very important people, all your troubles will go away, but if you don’t have any guanxi with any VIP, your troubles will continue to haunt you.” Carmakers seem to be embracing the proverb as they continue to confront and struggle with the persistent chip shortage that’s expected to …

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Hyundai plans to offer six EVs by 2028 to boost share in India

  Bloomberg Hyundai Motor Co will expand its lineup to six battery-electric vehicles in India by 2028, as the South Korean carmaker tries to seize first-mover advantage in the growing market. The vehicles will comprise different styles, including SUV, and will cater to segments including the mass market and mass premium, the company said in a statement. Hyundai, which currently …

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