By Jeslyn Lerh SINGAPORE (Reuters) – Hong Kong-based shipping company Wah Kwong is finalising a deal later this month to double the number of liquefied natural gas (LNG) carriers that it has ordered to four, as it eyes growing global trade in the superchilled fuel, its chairman said. The ships would be delivered from 2027 …
Hong Kong’s Wah Kwong orders more LNG carriers banking on growing trade Read More »
By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come …
Tesla cuts prices in China, Germany and around globe after US cuts Read More »
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah weakens on renewed hawkishness from the U.S. Federal Reserve, a Reuters poll found. A major hurdle for the central bank, whose main mandate …
By Leika Kihara WASHINGTON (Reuters) -The success of Japan and South Korea at inserting language voicing concern over their currencies in a joint statement with the U.S. this week underscores the political heat they face from stiff inflation that is being aggravated by weak exchange rates. The matter is all the more urgent with Middle …
Political heat prods Japan, South Korea to team up on weak currencies Read More »
By Laurie Chen QINGDAO, China (Reuters) – The Chinese Navy on Sunday kicked off a biennial meeting of top foreign naval officials in the port city of Qingdao, in a show of military diplomacy that will be closely watched for signs of more engagement between China and the United States. The four-day event with delegations …
China hosts foreign naval officials amid South China Sea tensions Read More »
(Reuters) – Fighting raged at Myanmar’s eastern frontier with Thailand on Saturday, both governments said, forcing 3,000 civilians to flee as rebels fought to flush out Myanmar junta troops holed up for days at a bridge border crossing. Resistance fighters and ethnic minority rebels seized the key trading town of Myawaddy on the Myanmar side …
Fighting flares at Myanmar-Thai border as rebels target stranded junta troops Read More »
(Reuters) – Tesla chief Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving (FSD) available to customers in China very soon. Musk said “It may be possible very soon” while replying to an X post by a user asking when the EV maker would launch FSD in China. The Musk-led EV …
Musk says Tesla’s Full Self-Driving may enter China very soon Read More »
By Andrew Hayley BEIJING (Reuters) – Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments. China’s imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, …
China’s imports of Russian oil near record high in March Read More »
BEIJING (Reuters) – Russia’s coal shipments to China fell 21% in March dragged down by sanctions and import tariffs, customs data showed on Saturday. China’s coal shipments from Russia fell to 6.92 million metric tons in March, its General Administration of Customs said. The shipments of Russian coal to China, which began to surge in …
China’s coal imports from Russia fall 21% in March Read More »
(Reuters) – China’s exports of marine fuel oil fell 32% in March from a year earlier to 1.32 million metric tons, data from the General Administration of Customs showed on Saturday. The exports are measured mostly by sales from bonded storage for vessels plying international routes. The March volume was 12% higher than the 1.17 …
