TOKYO (Reuters) – Toyota Motor said it would halt six production lines at five plants in Japan from Thursday due to a parts shortage. The automaker will decide whether to resume production on the lines on Friday, a spokesperson said. (Reporting by Rocky Swift; editing by Jason Neely)
KUALA LUMPUR (Reuters) – Malaysian and Chinese firms signed agreements on Thursday for potential investments worth 13.2 billion ringgit ($2.80 billion) to collaborate in sectors ranging from oil and gas to education,Malaysia’s trade ministry said. The agreements were made in conjunction with Chinese Premier Li Qiang’s visit to the Southeast Asian country. Malaysia’s trade ministry …
Malaysian, Chinese firms sign deals worth $2.8 billion in potential investments Read More »
By Amanda Cooper LONDON (Reuters) -Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world’s most valuable company, while the dollar stalled as soft U.S. retail sales data suggested rates could fall this year. MSCI’s All-World index was up 0.15% at 805.12, having …
SHANGHAI/BEIJING/BERLIN (Reuters) -Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday. In a closed-door meeting on Tuesday also attended by European car companies, China’s auto industry “called on the government to adopt firm …
Chinese automakers seek retaliatory tariffs on EU cars, state media reports Read More »
By Karen Freifeld and Toby Sterling (Reuters) -A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China’s ability to produce cutting-edge semiconductors, two people familiar with the matter told Reuters. Alan Estevez, the U.S. export policy chief, is visiting both countries this week as …
US wants Netherlands, Japan to further restrict chipmaking equipment to China Read More »
(Reuters) – Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes key components for the Vision Pro. The iPhone maker is still working on releasing a more affordable Vision product with fewer features before the end of next year, the report …
BRUSSELS (Reuters) – The European Union’s anti-subsidy investigation into Chinese electric vehicles has cooled Chinese firms’ EV sales and harmed their confidence in investing in Europe, a survey of Chinese EV companies showed on Wednesday. Some 82% of vehicle and industry chain firms said the subsidy investigation had eroded their confidence in investing in Europe …
EU subsidy probe cools China EV sector’s will to invest in Europe, survey finds Read More »
BEIJING (Reuters) – China’s National Energy Administration on Wednesday adopted last September’s draft policy proposal aimed improving the efficiency of its natural gas sector and ensuring supply security. The policy is also designed to help the world’s top energy user to reach its 2060 carbon-neutral goal and avoid price shocks such as last year’s spike …
China adopts policy to regulate natural gas usage and boost supply security Read More »
SHANGHAI (Reuters) – An official from China’s securities regulator said on Wednesday that China will boost the development of private equity (PE) and venture capital (VC) funds, but the firms have to be compliant. The regulator will also speed up the filing process for Chinese companies seeking listing overseas, Fang Xinghai, Vice Chairman of the …
China regulator vows support for private equity, venture firms, overseas listings Read More »
By Colleen Howe BEIJING (Reuters) – China’s first nuclear-based steam generation project began production on Wednesday, state-run China National Nuclear Corp (CNNC) said in a Wechat post announcing the latest step in Chinese efforts to decarbonise heavy industry. The Heqi No. 1 project at the Tianwan nuclear plant in eastern Jiangsu province produces steam to …
China produces first nuclear-generated steam for petrochemicals plant Read More »
