Reuters Asia Business

(Corrects to show that Japan, not JERA, hired Wood Mackenzie to assess Alaska LNG project in paragraph 10) By Shariq Khan and David French NEW YORK (Reuters) – Japan’s top power generator JERA is in advanced talks to buy natural gas production assets in the U.S. for around $1.7 billion, people familiar with the matter …

Japan’s JERA in advanced talks to buy $1.7 billion of US shale gas assets, sources say Read More »

BEIJING (Reuters) -China will require driving assistance systems to detect driver disengagement and disable themselves if drivers fail to address warnings, according to draft safety rules released on Wednesday for vehicles with level 2 automation. The mandatory standards, set to be effective from 2027, come after tightening scrutiny of driving assistance features in the wake …

China releases draft safety rules for driving assistance systems Read More »

By Scott Murdoch (Reuters) – Chinese automaker Chery Automobile will aim to raise up to HK$9.15 billion ($1.2 billion) in a Hong Kong initial public offering, the largest deal of its kind for the city this year, according to its prospectus released on Wednesday. The company is selling 297.4 million shares in a price range …

China’s Chery Automobile launches up to $1.2 billion Hong Kong IPO, city’s largest in 2025 Read More »

(Corrects to show 116 yuan/MWh is the solar power capture price, not spot price, in paragraph 12) By Colleen Howe BEIJING (Reuters) – Solar power prices in China’s first provincial auction under its new renewable pricing mechanism were so low they could discourage new project investments there, analysts said. Last week’s auction in Shandong province, …

China renewable auction signals challenges for solar developers Read More »