Bloomberg Foxconn Technology struck a multibillion-dollar electric-vehicle partnership in Thailand, its latest move to expand in the fast-growing industry at a time more tech companies including Apple are looking to bulk up their automotive muscle. The Taiwanese electronics giant and Thailand’s state-owned conglomerate PTT Pcl will collaborate on hardware and software for producing EVs, according to a statement from the ...

Bloomberg Indian farmers are expected to expand planting of major crops such as rice, corn and soybeans after the national weather forecaster predicted bountiful rains during the June-September monsoon season. The India Meteorological Department maintained on Tuesday its earlier forecast of a normal monsoon, which waters more than half of the country’s farmland. Cumulative rains are likely to be 101% ...

Bloomberg Asia’s manufacturing activity continued to advance in May, though at a slightly slower pace, despite flare-ups of Covid-19 around the region that could force some plants to close and weigh on sentiment. Taiwan’s IHS Markit May manufacturing purchasing managers’ index declined to 62 from April’s 62.4, remaining well above the 50 level that signals expansion. New orders rose. South ...