Reuters Asia Business

China’s Kaisa starts talks with bondholders as default threat looms

(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 …

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Exclusive-Toyota turns to Chinese tech to reach its electric holy grail

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 …

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Kawasaki Heavy says liquefied hydrogen carrier may leave Japan this month

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 …

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