Bank of Korea: The board will decide on the timing of the rate hike
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Spot gold surpasses $4,200/oz, rising 1.61% on the day
Spot gold has just surpassed the $4,200.00/ounce mark, now trading at $4,200.18/ounce, up 1.61% for the day. The main COMEX gold futures contract is currently quoted at $4,224.80/ounce, up 1.63% for the day.
Honda plans to purchase Mitsubishi Motors OEM pickup trucks to strengthen cooperation with Nissan and Mitsubishi
According to Nikkei News, Honda has decided to procure complete vehicles from Mitsubishi Motors through an Original Equipment Manufacturer (OEM) arrangement. This will mark Honda's first vehicle procurement from another automaker in about 30 years. As market competition intensifies, Honda aims to strengthen its partnerships with Nissan and Mitsubishi Motors to enhance competitiveness. The three companies have made progress in joint discussions that began in August 2024. According to the plan, Mitsubishi Motors will produce the L200 Triton pickup truck in Thailand, branded with the Honda logo, and it will be sold in Southeast Asian and other markets starting from 2028 and beyond.
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