(Reuters) – U.S. pipeline company Energy Transfer LP will supply two million tonnes of liquefied natural gas per annum to the Singapore unit of trading house Gunvor Group Ltd as part of a 20-year deal announced on Monday. The LNG will be supplied from Energy Transfer’s Lake Charles project in Louisiana and first deliveries are …
Energy Transfer to sell LNG to Singapore unit of trading house Gunvor Read More »
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks, the country’s power and energy minister said on Monday, as China said it supported efforts for the island nation to restructure its debt. Colombo was also in talks with New Delhi …
Sri Lanka extends credit line with India as China voices support Read More »
(Reuters) – Chinese electric vehicle company CH-AUTO Technology Corp Ltd said on Monday it had agreed to go public with a U.S. blank-check firm in a deal valued at nearly $1.7 billion, including debt. The deal with Mountain Crest Acquisition Corp IV comprises an equity value of $1.25 billion and a net debt of $460 …
Chinese EV company CH-AUTO to go public via $1.7 billion SPAC deal Read More »
By Sam Nussey TOKYO (Reuters) -Japanese gaming company Square Enix will reduce its developer presence in the West with the sale of the studios behind franchises “Tomb Raider”, “Deux Ex” and “Thief” to Sweden’s Embracer Group for $300 million. The latest of a series of deals in the video games industry, the sale announced on …
Square Enix to sell ‘Tomb Raider’ to Sweden’s Embracer Read More »
By Jamie Freed SYDNEY (Reuters) -Qantas Airways will fly non-stop from Sydney to London after ordering a dozen special Airbus jets, charging higher fares in a multi-billion dollar bet that fliers will pay a premium to save four hours on the popular route. To be launched late in 2025, the flights will use A350-1000 aircraft …
In it for the long haul: Qantas bets on Sydney-London non-stop with Airbus order Read More »
TOKYO (Reuters) – Japanese trading house Mitsui & Co Ltd said on Monday it has booked a 20.9 billion yen ($160 million) loss in the January-March quarter from its liquefied natural gas (LNG) business in Russia amid the deepening Ukraine crisis. After reassessing its LNG projects to reflect a downgrade of the Russian government’s credit …
Mitsui books Y20.9 billion loss from Russian LNG business Read More »
By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s consumer confidence index nudged up in April to mark its first increase in six months after the end of COVID-19 curbs in late March, but inflation expectations hit a record for the third month in a row. A Cabinet Office survey showed the sentiment index …
Japan consumer confidence edges up in April, first rise in six months Read More »
TOKYO (Reuters) – Japan’s consumer inflation will continue to face upward pressure later this year from rising electricity bills and food prices, as the recent surge in commodity prices hits the economy with a lag, the central bank said on Monday. As Japanese utilities set electricity bills based on the average import cost several months …
BOJ says fuel, food-driven gains to keep propping up Japan inflation Read More »
SEOUL (Reuters) – The nominee to be the first finance minister of South Korea’s incoming government said on Monday he respects the foreign exchange rates set by the market forces but that rapid changes in the rate are a problem. Finance minister nominee Choo Kyung-ho made the remarks in response to a lawmaker’s question during …
S.Korea fin min nominee: rapid FX rate changes a problem Read More »
TOKYO (Reuters) – Toyota Motor Corp reopened a joint-venture plant in Changchun, which was suspended since mid-March, as the Chinese city’s lockdown measures were eased, Kyodo news said on Sunday. The Japanese automaker plans to resume regular operations on Wednesday, the report said, citing an unnamed source. China auto sales plunged 11.7% in March from …
Toyota reopens plant in China’s Changchun as COVID-19 curbs ease – Kyodo Read More »
