By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Shares in Japanese renewable energy company Renova plunged more than 11% on Monday, making it the biggest loser on the Tokyo Stock Exchange’s prime market, after Sanae Takaichi looked set to become Japan’s next prime minister. The sharp drop came amid speculation that a Takaichi leadership could …
Japan’s conventional solar stocks tumble after Takaichi victory Read More »
TOKYO (Reuters) -Asahi Group’s beer-making subsidiary, Asahi Breweries, said on Monday it has restarted production at its six Japanese beer plants after the group’s operations were disrupted by a cyberattack. Asahi Group suspended operations, including order processing, shipping and call-centre functions in Japan, a week ago after a cyberattack caused a system outage. Production resumed …
Japan’s Asahi restarts beer production following cyberattack Read More »
By Rocky Swift and Junko Fujita TOKYO (Reuters) -Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking bets on a revival in big spending and loose monetary policy. The Nikkei 225 Index soared 4.75% …
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets Read More »
TOKYO (Reuters) -Japanese trading house Sumitomo Corp said on Monday it has been awarded a Singapore government grant to develop ammonia as an alternative marine fuel to help decarbonise the shipping industry. This exclusive funding will support research & development efforts aimed at enhancing the safety and efficiency of supplying ammonia, or ammonia bunkering, at …
Japan’s Sumitomo wins Singapore grant to develop ammonia as marine fuel Read More »
By Stefanno Sulaiman PANGKALPINANG, Indonesia (Reuters) -Indonesia’s attorney general on Monday handed over assets including smelters and heavy equipment seized in a corruption case to state tin miner PT Timah, as President Prabowo Subianto urged authorities to stop illegal mining and smuggling of tin. The resource-rich country is ramping up efforts to improve governance of …
Indonesia transfers seized assets to state tin miner as crackdown intensifies Read More »
SINGAPORE (Reuters) -Shares of IHH Healthcare and Fortis Healthcare rose on Monday after India’s market regulator cleared IHH’s mandatory takeover offer for an additional 26% stake in Fortis and its unit Malar Hospitals, potentially lifting its holding to about 57%. IHH rose 3.1% to 8.38 ringgit ($1.99) on the Malaysian stock exchange, while Fortis surged …
IHH, Fortis shares jump after India’s regulator clears long-delayed takeover Read More »
By Nick Carey MUNICH (Reuters) -Blocked from the U.S. market, Chinese self-driving technology firms are accelerating their push into Europe, setting up headquarters, striking data deals, and road-testing – prompting alarm from local rivals over competition concerns. In China, the world’s largest car market, more than half of cars sold – including many entry-level models …
China bets on Europe for self-driving tech expansion Read More »
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s economy accelerated in the third quarter, despite a 20% U.S. tariff in force since August 7 that is slowing Vietnamese exports to the United States, especially of footwear and textiles, government data showed on Monday. Gross domestic product in the Southeast Asia nation rose 8.23% in …
Vietnam’s economy accelerates despite dip in US exports, footwear drop Read More »
By Rahul Trivedi BENGALURU (Reuters) -The Bank of Thailand (BOT) is likely to trim its key policy rate by 25 basis points on Wednesday to bolster a slowing economy, according to a Reuters poll, as a strong baht continues to weigh on tourism and exports, especially amid higher U.S. tariffs. Despite the key rate standing …
Thai central bank likely to cut rates by 25 bps to shore up economy Read More »
SINGAPORE (Reuters) -Japanese shares surged to record highs on Monday, while the yen sank after fiscal dove Sanae Takaichi was elected to lead the ruling party and become the next prime minister. Takaichi’s victory has raised chances that the Bank of Japan will avoid lifting interest rates this month, though the pause may not last …
Market analysts reaction to Takaichi becoming next Japan PM Read More »
