MILAN (Reuters) -Japanese automaker Mazda has teamed up with its joint venture with China’s Changan to pool carbon credits and help avoid carbon emissions fines, an EU document showed. Several legacy carmakers face potential European Union fines as their shift to electric vehicles has been slower than expected. But those with lower shares of EV …
Mazda forms EU carbon emissions pool with Changan joint venture Read More »
BEIJING (Reuters) -China’s securities regulator will optimise the pricing mechanism for new share issuance and rules for margin trading, and strengthen oversight over algorithmic trading, it said in a document released on its website on Monday. Authorities will crack down on insider trading, market manipulation, and misleading and fabricated online information that disrupts the securities …
TOKYO (Reuters) -Japan’s new finance minister, Satsuki Katayama, said on Monday her meeting with U.S. Treasury Secretary Scott Bessent did not directly touch upon the Bank of Japan’s monetary policy. “I believe the Treasury Secretary held talks with Bank of Japan Governor (Kazuo) Ueda at the IMF meetings” earlier this month, Kataya told reporters after …
Japan, US did not directly discuss BOJ policy, Finance Minister Katayama says Read More »
TOKYO (Reuters) -U.S. Commerce Secretary Howard Lutnick said Japan’s $550 billion U.S.-bound investment package would focus on areas such as power and pipelines that are fundamental to national security and “have virtually no risk.” In an interview with the Nikkei business daily published on Monday, Lutnick said 10 to 12 Japanese companies involved in areas …
Japan’s $550 billion package focuses on U.S. infrastructure, Lutnick tells Nikkei Read More »
By Makiko Yamazaki and Kantaro Komiya TOKYO (Reuters) -U.S. Treasury Secretary Scott Bessent celebrated Japan’s Nikkei share average closing above the 50,000 level for the first time on Monday, in a meeting with Japanese finance minister Satsuki Katayama in Tokyo. “It’s an honor to be here on the day it went over 50,000”, Bessent told …
Bessent celebrates Nikkei milestone in meeting with Japan Finance Minister Katayama Read More »
AIR FORCE ONE/TOKYO (Reuters) -U.S. President Donald Trump said on Monday that coffee is among the products included in a new trade deal with Vietnam, which would excempt it from a 20% headline tariff. “We want to get coffee down a little bit,” Trump told reporters on board Air Force One en route to Tokyo, …
Trump says coffee tariff will be lifted under Vietnam trade deal Read More »
BEIJING (Reuters) -China will hold a hearing regarding its anti-dumping probe into pork imports from the European Union on October 31, the commerce ministry said on Monday. China last month placed initial anti-dumping duties of up to 62.4% on pork imports worth over $2 billion from the EU, deepening trade tensions with the bloc. (Reporting …
China to hold hearing on anti-dumping probe into EU pork on October 31 Read More »
By Sethuraman N R and Komal Salecha NEW DELHI/BENGALURU (Reuters) -Indian renewables firm OMC Power, backed by Japan’s Mitsui & Co and Chubu Electric Power, said on Monday that automaker Honda Motor has acquired a stake in the company to jointly develop clean energy storage batteries. OMC Power did not disclose the size of the …
Honda Motor buys stake in India’s OMC Power to develop clean energy batteries Read More »
By Casey Hall SHANGHAI (Reuters) -As Chinese shoppers dip toes back in the luxury pool, brands are targeting economically resilient high-earners with distinctive, personalised experiences as their focus shifts more to market share than growth. Firms like LVMH and Hermes increasingly offer intimate dinners and large-scale shows, as well as stores with private shopping areas …
Luxury brands turn on the charm in China to kindle nascent spending recovery Read More »
By Yuka Obayashi TOKYO (Reuters) -Japanese start-up Helical Fusion said on Monday it has completed a critical performance test of a high-temperature superconducting (HTS) coil, marking a major milestone toward realising commercial nuclear fusion energy. Nuclear fusion involves smashing atoms together at super-high temperatures to generate heat the same way the sun does, and could …
Japan fusion energy start-up achieves a key milestone toward commercial reactor Read More »
