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Japan PM contender Takaichi calls for debt issuance to fund spending if needed

By Leika Kihara TOKYO (Reuters) -Japan’s veteran lawmaker Sanae Takaichi, a contender to be the next prime minister, said on Tuesday the government should issue additional government bonds if necessary to fund measures to cushion a blow from rising living costs. “We should use extra tax revenues to fund measures to combat rising cost of …

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Thailand set for record plunge in annual power output, LNG imports

By Sudarshan Varadhan SINGAPORE (Reuters) -Thailand is set for a record decline in electricity output this year as mild weather and a slowing economy are reducing demand, government data shows, putting Southeast Asia’s top LNG importer on track for its steepest decline in purchases of the fuel. Power generated and imported to supply the country …

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Trump says Uzbekistan Airways to buy up to 22 Boeing 787 Dreamliners for over $8 billion

WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday Uzbekistan Airways signed a deal with Boeing for over $8 billion in which Uzbekistan Airways plans to acquire up to 22 Boeing 787 Dreamliners. Trump said on Truth Social he spoke to Uzbekistan President Shavkat Mirziyoyev earlier this month. Boeing separately issued a statement on the …

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Trump team says TikTok deal nears, with Oracle, Silver Lake among investors

By Jeff Mason and David Shepardson WASHINGTON (Reuters) -President Donald Trump this week will declare that a deal to divest TikTok’s U.S. operations from its Chinese owner ByteDance will meet requirements set out in a 2024 law, a White House official said on Monday, adding that investors will include Oracle and private equity firm Silver …

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Vietjet takes delivery of first Boeing 737 jet as part of $32 billion deal

HANOI (Reuters) -Vietnamese airline Vietjet said on Monday it has taken delivery of the first Boeing 737-8 plane under its $32 billion order for 200 Boeing 737 jets. Vietnamese President Luong Cuong attended a delivery ceremony in Seattle, during his visit to the United States to attend the UN General Assembly, the company said in …

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Singapore’s Keppel DC REIT to buy Tokyo data centre for $555 million with parent Keppel

(Reuters) -Singapore-listed data centre real estate investment trust Keppel DC REIT said on Monday it will buy a data centre in Tokyo with parent Keppel for 82.1 billion Japanese yen ($555.29 million). Keppel DC REIT will hold a 98.47% effective interest in Tokyo Data Centre 3, a hyperscale, five-story data centre in Greater Tokyo’s Inzai …

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Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows

BEIJING (Reuters) -Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD, a filing showed, ending a 17-year investment that grew over 20-fold in value in that period. The filing by Berkshire’s energy subsidiary recorded the value of its BYD investment as zero as of end-March, down from $415 million at the end of 2024. …

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Trump’s H-1B visa fee hike puts focus on skilled tech labor access

(Reuters) -The Trump administration’s proposed $100,000 fee for new H-1B visas widely used by tech firms to hire foreign talent could deal a blow to the sector that relies heavily on skilled workers from India and China. The announcement prompted some big tech companies and banks to warn employees to stay in the U.S. or …

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China’s ethylene surge could spell more pain for US, European chemical firms

By Tanay Dhumal (Reuters) -China’s swift production ramp-up of ethylene, a crucial component for plastics, packaging and construction, is expected to drive down global prices and weigh on U.S. and European chemical manufacturers already grappling with oversupply and weak demand. Domestic demand in China too is faltering as property investment weakens amid a broader economic …

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