By Anton Bridge and Kantaro Komiya TOKYO (Reuters) -JERA, Japan’s top power generator, on Thursday said it will buy natural gas production assets in the U.S. for $1.5 billion, marking its entry into American shale gas production. The company said with the deal, it is seeking to strengthen its natural gas value chain, which it …
Japan’s JERA to buy US shale gas assets for $1.5 billion, eyes output increase Read More »
(Reuters) -May Mobility said on Thursday it has secured a significant equity investment from Singapore-based ridehailing firm Grab, as part of the robotaxi startup’s move to expand in Southeast Asia next year. The startup’s self-driving technology will be integrated into Grab’s fleet management, vehicle matching, and routing systems. The deal is a step toward the …
Grab invests in May Mobility as robotaxi startup expands to Southeast Asia Read More »
By Andreas Rinke BERLIN (Reuters) -German Foreign Minister Johann Wadephul will urge China to relax export restrictions on rare earths and semiconductors, emphasizing fair trade as a cornerstone of successful relations during his visit to Beijing starting Sunday, he told Reuters. Wadephul’s trip marks the first by a minister from the current German government, ahead …
German foreign minister to press China on semiconductors on Beijing trip Read More »
By Ritsuko Shimizu TOKYO (Reuters) -Liquefied natural gas supplies from Russia’s Sakhalin-2 project play an “extremely important role” in Japan’s energy security and replacing them would be costly and cause higher electricity prices, Japan’s industry minister said on Thursday. Ahead of U.S. President Donald Trump’s visit to Japan next week, U.S. Treasury Secretary Scott Bessent …
Replacing LNG supplies from Russia’s Sakhalin-2 would be costly, Japan says Read More »
By Lisa Barrington SEOUL (Reuters) -Brunei has become the latest country to allow its airlines to operate Chinese-made aircraft, according to new rules published on Thursday by Brunei’s aviation regulator, in a boost for Shanghai-based planemaker COMAC. Brunei is a small market, but each advance for China-made aircraft abroad is closely watched as Beijing looks …
In boost to planemaker COMAC, Brunei allows China-made jets Read More »
SINGAPORE (Reuters) -Singapore turned a net importer of jet fuel for the week ended October 22, while diesel net exports fell by 13% week on week, official government data showed on Thursday. [O/SING1] Jet fuel imports from China were most prevalent for the week, being the key contributor for the city-state turning a net importer. …
Singapore turns net importer of jet fuel, while diesel net exports slip Read More »
By Che Pan and Wen-Yee Lee BEIJING/TAIPEI (Reuters) -Dutch chipmaker Nexperia’s Chinese unit has resumed supplying semiconductors to local distributors, according to two people briefed on the matter, having previously halted all shipments when Beijing banned exports following an ownership dispute. But as part of the resumption, which is confined to domestic trade, all sales …
Exclusive-Nexperia’s China unit resumes chip sales to domestic distributors, sources say Read More »
(Corrects rate level in 3rd bullet point to 0.75%, not 0.5%) By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) -The Bank of Japan is likely to raise interest rates as soon as December as expansionary fiscal policy expected under new Prime Minister Sanae Takaichi will help the economy weather the hit from U.S. tariffs, former …
BOJ likely to raise rates as soon as December, ex-central bank executive says Read More »
By Gayatri Suroyo and Bernadette Christina SAMPIT, Indonesia (Reuters) -Indonesian soldiers in fatigues marched onto a private palm oil plantation on Borneo island in late June and posted a signboard declaring the estate under government control, its managers said. The scene at the Melati Hanjalipan plantation exemplifies a sweeping military-backed takeover that has sent a …
Fear grips Indonesian palm oil industry as military seizes plantations Read More »
BEIJING (Reuters) -Boeing on Thursday named Landon Loomis the new president of Boeing China, betting that the fluent Mandarin speaker and former White House adviser can steady the China market as the U.S. threatens to choke off parts’ exports to Chinese airlines. Loomis, who spent five years in Beijing as the U.S. Embassy’s aviation specialist …
Mandarin-speaking ex-White House aide named Boeing China president Read More »
