By Kevin Yao BEIJING (Reuters) -China will cut banks’ reserve requirement ratios (RRR) “in a timely way”, state media on Friday quoted Premier Li Keqiang as saying, as the world’s second largest economy faces strengthening headwinds. China will “cut reserve requirement ratios in a timely way to step up support for the real economy, especially …
China will cut reserve ratios in timely way, says premier Read More »
(Reuters) – More than 400 telecommunication towers in military-ruled Myanmar have been destroyed by opponents of a Feb. 1 coup, state media reported on Friday, attacks which cellphone operators said had severed connectivity for many customers. The Global New Light of Myanmar newspaper, the junta’s mouthpiece, said the destruction of the towers was intended to …
Hundreds of telecoms towers downed in Myanmar coup resistance Read More »
(Refiles to fix bylines) By Scott Murdoch and Sameer Manekar (Reuters) – Chinese property developer Kaisa Group Holdings Ltd has begun talks with some of its offshore bondholders over extending the deadline for a $400 million debt repayment due next week, two sources with direct knowledge of the matter said. Shares in the group slipped …
China’s Kaisa starts talks with bondholders as default threat looms Read More »
By Andrius Sytas VILNIUS (Reuters) -China has imposed a customs block on Lithuanian exports, a Lithuanian trade body said on Friday, amid a deepening spat between Beijing and Vilnius about the Baltic state’s decision to allow Taiwan to open a de facto embassy. China downgraded its diplomatic ties with the Baltic state and suspended consular …
Lithuania says Chinese customs is blocking its exports Read More »
By Norihiko Shirouzu BEIJING (Reuters) -Toyota Motor Corp will launch an all-electric small sedan in China late next year, having turned to local partner BYD for key technology to finally make an affordable yet roomy runaround, four sources told Reuters. Two of the four people with knowledge of the matter described the car as an …
Exclusive-Toyota turns to Chinese tech to reach its electric holy grail Read More »
TOKYO (Reuters) – The world’s first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late this month though the return date has yet to be set due to COVID-19, Japan’s Kawasaki Heavy Industries Ltd said on Friday. The A$500 million ($353 million) pilot project, led by Kawasaki …
Kawasaki Heavy says liquefied hydrogen carrier may leave Japan this month Read More »
