By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to its controversial bond yield control policy, leaving options open ahead of a leadership transition in April. Though widely expected by most analysts, the decision sent the yen and local bond …
BOJ keeps low rates as Kuroda sticks to script at swan song meeting Read More »
BEIJING (Reuters) -Chinese regulators may take steps to curb surging iron ore prices, the state-owned Shanghai Securities Journal said on Friday, without providing details on any actions to be taken. The report comes after China’s state planner said last week it had sought expert advice on how to deal with rising prices. Intraday iron ore …
China may take steps to curb surging iron ore prices -state media Read More »
TOKYO (Reuters) – South Korea’s Coupang is halting service in Japan this month less than two years after it entered the market, the e-commerce firm confirmed on Friday. Coupang started operations in Japan in June 2021, gaining popularity during the pandemic with its grocery delivery services in the Tokyo area. The company alerted customers that …
Korean e-commerce firm Coupang to exit Japan market Read More »
(Reuters) – Singapore-based e-commerce and gaming firm Sea Ltd is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday. The latest layoffs affect full-time and contract workers in Shopee’s customer service team, the report said, citing a person familiar with the matter. Sea did not immediately respond to Reuters’ …
Singapore’s Sea cuts more jobs at e-commerce unit Shopee – Bloomberg News Read More »
(Reuters) -Semiconductor and electronics equipment maker ASMPT Ltd is attracting takeover interest from private-equity companies, Bloomberg News reported on Friday, citing people with knowledge of the matter. Alternative investment firm PAG is among the companies that have expressed interest to take the Hong Kong-listed company private, the report said, adding that “PAG has sounded out …
Chip equipment maker ASMPT draws takeover interest – Bloomberg News Read More »
JAKARTA (Reuters) – Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday. The resource-rich country, which is also one of the world’s biggest greenhouse gas emitters, issued a new regulation it said was aimed at lowering emissions while boosting …
Indonesia invites oil and gas operators to set up carbon capture facilities Read More »
By Greg Torode and Jessie Pang HONG KONG (Reuters) -Hong Kong’s top Catholic cleric, Bishop Stephen Chow, will visit Beijing in April, the first such visit in nearly 30 years. Chow’s five-day trip, to start on April 17, follows an invitation last year by the Bishop of Beijing, Joseph Li Shan, the Hong Kong Catholic …
Hong Kong’s Catholic bishop to visit Beijing in first trip in decades Read More »
(Reuters) -Australia’s Fortescue Metals Group is cutting a “few hundred” jobs as part of its efforts to maintain cost position, a person familiar with the matter told Reuters on Friday. Local media reported Fortescue, the world’s No.4 iron ore miner, had started laying off more than 100 workers as its ‘Iron Bridge’ magnetite project in …
Australia’s Fortescue Metals to cut ‘few hundred’ jobs – source Read More »
HANOI (Reuters) – Vietnam’s automaker VinFast on Friday said it will push back its plan to start operations of its electric vehicles factory in the United States until 2025, citing a procedural delay. The unit of conglomerate Vingroup JSC flagged the plan to build a $4 billion EV factory in North Carolina’s Chatham County on …
VinFast delays US electric vehicle plant operation to 2025 Read More »
(Reuters) – The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to its controversial bond yield control policy, leaving options open ahead of a leadership transition in April. Though widely expected by most analysts, the decision sent the yen and local bond yields tumbling as some investors unwound …
BOJ Governor Kuroda’s comments at news conference Read More »
