By Manoj Kumar NEW DELHI (Reuters) -Taiwan is seeking to double its exports of chips and electronics to India over the next five to seven years as smartphone shipments from the country ramp up thanks to demand from the U.S., the head of the island’s main trade body said. India’s smartphone exports to the U.S., …
Taiwan seeks bigger tech presence in India as US demand rises, trade body chief says Read More »
SEOUL (Reuters) -South Korea’s president vowed to open its currency market for around-the-clock trading, giving easier access to foreign investors as the country seeks to boost the domestic stock market and as stalled U.S. trade talks weigh on the won. “There is quite a time limit in the currency trading market, but we plan to …
South Korea plans around-the-clock FX trade, US talks hit won Read More »
By Kitiphong Thaichareon and Chayut Setboonsarng BANGKOK (Reuters) -Thailand will deepen cooperation with China, including in areas like semiconductors and battery production, Thai prime minister Anutin Charnvirakul said on Friday, as his new government lined up measures to fire up a sluggish economy. Southeast Asia’s second-largest economy has been struggling with high household debt, weak …
Thailand to step up China cooperation, lines up economic stimulus Read More »
BANGKOK (Reuters) -Thailand aims to attract at least 2 million Chinese tourists over the next four months by ensuring safety for travellers, the tourism ministry said on Friday. The country has received about 3.3 million Chinese tourists so far this year. (Reporting by Thanadech Staporncharnchai; Writing by Orathai Sriring; Editing by David Stanway)
By Anmol Choubey and Rajendra Jadhav (Reuters) -Physical gold demand in China weakened further this week, with discounts hitting multi-year lows, while steady buying persisted in other major Asian hubs despite the high prices in anticipation of further gains. Spot gold hit a record high of $3,790.82 on Tuesday and is up 1.4% so far …
China gold discounts hit multi-year lows, other Asian hubs continue purchases Read More »
HANOI (Reuters) -Vietnam’s VPS Securities, the country’s largest securities firm by market share, will seek approval from shareholders on Monday for an initial public offering of 202.3 million shares, a company document confirmed by two company sources showed. The IPO is slated for the fourth quarter of this year or the first quarter of next …
Vietnam’s VPS Securities plans IPO, seeks shareholder approval Monday Read More »
By Kaori Kaneko and Mariko Katsumura TOKYO (Reuters) -Japanese farm minister Shinjiro Koizumi, a top contender to become the next premier, downplayed criticism on Friday over his ministry’s handling of a licensing deal for a prized grape variety that sparked an official protest from producers. At a press conference the day before, the governor of …
Japan PM contender Koizumi seeks to quash criticism over prized grape Read More »
(Refiles to fix advisory, adds data in paragraphs 13-14) By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) -U.S.-based investor Stonepeak is seeking to raise as much as $4 billion for its second Asia-focused infrastructure fund, a source with direct knowledge of the plan said, as investors seeking lucrative long-term returns drive a wave of …
By Ernest Scheyder (Reuters) -Perpetua Resources said on Thursday it is in talks with Glencore, Trafigura and others about a partnership to refine antimony in the U.S., part of a push to boost Western supplies of a critical mineral whose exports China has blocked. The company, which counts billionaire John Paulson as its largest shareholder, …
Perpetua Resources in talks with Glencore, others for US antimony processing Read More »
By Makiko Yamazaki TOKYO (Reuters) -Japan’s finance ministry said on Friday that it will set up an investment facility at a state-owned development bank to support a $550 billion investment package agreed in Tokyo’s tariff deal with Washington. Japan and the United States signed a memorandum of understanding on the details of the package this …
Japan to launch facility to support $550 billion investment under US trade deal Read More »
