Dec 18 (Reuters) – India has imposed anti-dumping duty on cold rolled steel imports from China for five years to protect the domestic industry, it said late on Thursday. The duty on a variety of cold-rolled steel imported from China ranges from $223.8 per ton to $414.9 per ton, the order said. (Reporting by Nikunj …
India imposes anti-dumping duty on some steel imports from China Read More »
KUWAIT, Dec 18 (Reuters) – Kuwait will sign a contract next week with China Communications Construction Company (CCCC) to complete the Mubarak Al-Kabeer Port project, Public Works Minister Noura Al-Mashaan said on Thursday. The Central Agency for Public Tenders approved on December 1 a contract between the ministry and CCCC for engineering, procurement and construction …
Kuwait to sign $4 billion Mubarak Al-Kabeer port contract with China’s CCCC next week Read More »
JAKARTA, Dec 18 (Reuters) – Indonesia will issue investment instruments for earnings from the export of natural resources, a finance ministry official said on Thursday, to try to improve exporters’ compliance with rules to keep their foreign currency proceeds in the country. The new regulation, intended to increase onshore U.S. dollar liquidity and stabilise the …
Indonesia will issue investment instruments for export earnings of natural resources Read More »
By Amy Lv and Joe Cash BEIJING, Dec 18 (Reuters) – China’s export licence requirement for some 300 steel products will allow closer monitoring of steel exports and is aligned to World Trade Organization rules, the country’s commerce ministry said on Thursday. The world’s largest steel producer and consumer last Friday said it planned to …
China’s steel export licences are set to curb trade frictions Read More »
By Makiko Yamazaki TOKYO, Dec 18 (Reuters) – Japan is set to raise the tax-free income threshold and expand deductions for middle-income earners under a deal between Prime Minister Sanae Takaichi’s minority government and a key opposition party. Japan’s ruling Liberal Democratic Party and Democratic Party for the People (DPP) agreed on Thursday to lift …
Japan to raise tax-free income threshold to ease inflation squeeze Read More »
JAKARTA, Dec 18 (Reuters) – Japan’s Finance Minister Satsuki Katayama and Indonesian central bank governor Perry Warjiyo signed a memorandum of cooperation to encourage the use of local currencies in all bilateral transactions, Bank Indonesia said on Thursday. The deal, effective from December 15, renewed and expanded the coverage of an earlier framework agreement signed …
Japan, Indonesia sign agreement on local currency transactions Read More »
By Waylon Cunningham and Casey Hall NEW YORK/SHANGHAI, Dec 18 (Reuters) – Amanda Wang, co-founder of Chinese fast-growing beverage chain Ningji Lemon Tea, made four research trips to the U.S. before launching Bobobaba, designed to cater specifically to American tastes. With colourful, Instagram-friendly drinks filled with fruit pieces, boba pearls and cute logos, Wang, whose …
Tidal wave of Chinese tea brands place bets on winning over American tastebuds Read More »
JAKARTA, Dec 18 (Reuters) – Indonesia has and will continue to increase treasury bill issuances with tenors of 12 months and under, aiming to make cash management more efficient and deepen the country’s financial market, a finance ministry official said on Thrusday. Indonesia began implementing the strategy in the final quarter of 2025 and will …
Indonesia to issue more treasury bills with tenors under one year Read More »
TOKYO, Dec 18 (Reuters) – Japan Petroleum Exploration said on Thursday it will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in the U.S. for $1.3 billion in its largest-ever deal. JAPEX will buy VRIH, which holds assets in Colorado and Wyoming, from Verdad Resources Feeder LLC using a …
Japan’s JAPEX buys US tight oil and gas assets in $1.3 billion deal Read More »
By Liang-sa Loh and Faith Hung TAIPEI, Dec 18 (Reuters) – Taiwan’s central bank on Thursday raised its economic growth forecast for the year due to booming exports of tech goods to the United States, driving a yawning trade surplus while keeping its benchmark interest rate unchanged. Taiwan’s role as a major producer of advanced …
Taiwan central bank raises growth forecast on AI-driven export boom Read More »
