Reuters Asia Business

WASHINGTON (Reuters) -Group of Seven finance ministers agreed to keep a united front and coordinate their short-term response to China’s export controls on rare earths and to diversify suppliers, European Economic Commissioner Valdis Dombrovskis said on Thursday. Speaking to Reuters on the sidelines of the International Monetary Fund meetings in Washington, Dombrovskis said China now …

G7 agrees to keep united front on China export controls, diversify suppliers Read More »

By David Dolan and Maki Shiraki TOKYO (Reuters) -Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries, criticising what they said was “opaque” valuation and a failure to safeguard the interests of minority shareholders. An August 8 letter – made public on Thursday – from …

Investors call for greater disclosure in Toyota’s buyout of group company Read More »

(In paragraph 11, corrects reference to Egyptian Arco crude to Arco crude loaded from Egypt) By Florence Tan, Chen Aizhu and Trixie Yap SINGAPORE (Reuters) -Trading firms have diverted at least five more crude oil tankers from a major port in eastern China after the U.S. imposed sanctions on an import terminal there, according to …

Tanker diversions from sanctioned Chinese terminal may cause congestion at other ports Read More »

KUALA LUMPUR (Reuters) -Malaysian public sector pension fund Kumpulan Wang Persaraan (KWAP) said on Thursday it had launched the country’s first climate-focused investment fund, with a target deployment of 2 billion ringgit ($475 million). It said the “Dana Iklim +” fund will seek climate-focused investments across infrastructure, private equity, real estate and nature-based solutions, and …

Malaysian pension fund KWAP launches $475 million climate-focused investment fund Read More »