TOKYO (Reuters) – Kyushu Electric Power is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer, among other projects, to secure a stable supply of the fuel, a company spokesperson said on Tuesday. The comment partially confirms a Sunday report by the Nikkei business daily that Kyushu Electric may …
Japan’s Kyushu Electric may invest in Lake Charles LNG project in US Read More »
By Kashish Tandon BENGALURU (Reuters) -India’s Zee Entertainment said on Tuesday it was committed to its merger with Sony’s local arm, after media reports said the Japanese firm was planning to scrap the $10 billion deal. Zee said reports of the deal falling through were “baseless and factually incorrect,” and that it continues to work …
Zee says committed to $10 billion merger with Sony India Read More »
AHMEDABAD, India (Reuters) – Dutch and Singapore firms are set to commit $7.19 billion in investments in India during a investors’ summit in Prime Minister Narendra Modi’s home state of Gujarat, months before a national election. Modi will address thousands of investors on Wednesday at the start of the three-day Vibrant Gujarat Global Summit where …
Dutch, Singapore firms set to invest $7 billion in India Read More »
JAKARTA (Reuters) – China’s BYD, the world’s biggest seller of battery electric vehicles (BEVs), will launch its cars in Indonesia next week, the company said on Tuesday. The launch comes amid efforts from Indonesia to accelerate adoption of EVs in a bid to reduce emissions. (Reporting by Stefanno Sulaiman; Editing by Martin Petty)
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s exports rose more than expected in December on stronger demand for high-tech products from the United States, but the recovery is expected to slow as the traditional peak year-end shopping season ends. Exports rose 11.8% in value from a year earlier to $39.94 billion, the …
Taiwan Dec exports beat forecasts as demand from US surges, slips from China Read More »
BEIJING (Reuters) – New bank loans in China likely rose in December, bringing 2023 lending to a new record high, a Reuters poll showed, as the central bank keeps policy accommodative to support a shaky economic recovery. Chinese banks are estimated to have issued 1.40 trillion yuan ($195.55 billion) in net new yuan loans last …
China’s Dec new yuan loans seen higher, hitting record in 2023: Reuters poll Read More »
JERUSALEM (Reuters) – Israel’s Transport Ministry on Tuesday said it was trying to clarify Chinese shipper COSCO’s decision on a reported halting of shipping to Israel. Israeli media this week reported that COSCO had suspended shipping to Israel. The company has yet to comment. “The Administration of Shipping and Ports is working with the relevant …
Israel working to clarify COSCO’s position on shipping to Israel -ministry Read More »
BEIJING/SHANGHAI (Reuters) -China’s passenger car sales climbed 8.3% in December, bringing to a close a strong year for auto giant BYD and other domestic brands which have been outselling their foreign rivals. Sales came in at 2.37 million vehicles for December, the fifth straight month of gains, although growth fell back from a jump of …
China car sales climb 8.3% in Dec, bolstered by price war Read More »
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much worse than analysts expected as weak consumer demand persisted in many of its businesses even as memory chip prices improved. The world’s largest memory chip, smartphone and TV maker estimated in …
Samsung flags worse than expected drop in quarterly profit on weak demand Read More »
BANGKOK (Reuters) -Thailand’s plan to kick-start its economy via a $14.3-billion cash handout programme will proceed by May, Prime Minister Srettha Thavisin told reporters on Tuesday. His comments come after the Office of the Council of State, an independent panel that provides legal advice to governments, found no reason that would prohibit Srettha’s cabinet from …
Thai PM expects multibillion $ handout scheme to be rolled out by May Read More »
