TOKYO (Reuters) – U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan’s tariff negotiator Ryosei Akazawa said on Tuesday. Citing a U.S. Federal Register document dated September 9 that formalised President Donald Trump’s executive order on the U.S.-Japan trade deal, Akazawa said in a press …
Japan says lower US tariffs will take effect by September 16 Read More »
By Sudarshan Varadhan and Ben Blanchard SINGAPORE/TAIPEI (Reuters) -Taiwan’s bid to propel its billowing offshore wind power market will entail huge government support for prospective suppliers to achieve capacity goals as projects move to deep, technically challenging waters, industry officials and analysts said. The densely populated island, long reliant on coal-fired power, has more than …
Taiwan’s offshore wind projects to move to deeper waters, requiring more state support Read More »
By Dewi Kurniawati KUNINGAN, Indonesia (Reuters) -The once-empty barns of the Laras Ati milk cooperative are filled with the recent arrival of more than 200 pregnant spotted Holstein-Friesian cows from Australia under Indonesia’s ambitious plan to ratchet up milk production. The centrepiece of a programme to provide free meals to 83 million children and expectant …
Exclusive-Dairy duty: Indonesia presses businesses to find a million cows Read More »
SEOUL (Reuters) -LG Chem said on Tuesday that Japan’s Toyota Tsusho Corp had acquired a 25% stake in the company’s cathode materials plant in South Korea, joining as the second-largest shareholder of the plant. With Toyota Tsusho’s investment, the shareholding structure of the plant has pushed the stake China’s Zhejiang Huayou Cobalt down to 24% …
(Reuters) -DuPont said on Monday China’s Dawnsens New-Materials will not sell or import products tied to the chemical company’s Tyvek brand in the U.S. for 10 years, as part of a trade secrets dispute resolution. The International Trade Commission approved Dawnsens’, also known as Dangs, voluntary agreement to the consent order. The ban, effective immediately, …
DuPont secures 10-year US import ban on China’s Dawnsens in Tyvek case Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist World stocks rallied and gold leaped to new highs on Monday as investors cemented bets that U.S. interest rates will be cut next week, while political ructions in Argentina, Japan and France raised uncertainty …
STOCKHOLM (Reuters) -Swedish automaker Polestar unveiled its grand tourer (GT) sports car, the Polestar 5, at the Munich auto show on Monday, but said it won’t sell the model initially in the United States and China. A flurry of automakers showcased new models at the show, many unveiling lower-cost electric vehicles (EV) as Europe’s auto …
Polestar 5 debuts in Munich, but will skip China and US Read More »
By Nick Carey MUNICH (Reuters) -Leapmotor’s global sales should hit 1 million units in 2026 and 4 million annually within a decade, with 60% of sales coming from outside China, CEO Zhu Jiangming told Reuters at the IAA Mobility car show in Munich on Monday. “We are in the middle of our journey,” Zhu, who …
Leapmotor CEO says global sales to hit 1 million in 2026, 4 million within a decade Read More »
By Ernest Scheyder (Reuters) -The former head of Glencore’s recycling business is launching a U.S.-based metals processing company with the goal of lowering the cost and time to refine copper and other critical minerals. The move comes amid increased pressure on industry from Washington and other governments for better processing options to boost the supply …
Glencore’s former head of recycling launches critical minerals processing firm Read More »
By Anastasia Lyrchikova and Oksana Kobzeva SHANGHAI/MOSCOW (Reuters) – Top Russian companies including Russia’s vast nuclear corporation Rosatom and giant gas concern Gazprom are exploring sales of yuan-denominated “panda” bonds, company sources said on Monday, as Western capital markets remain closed to Russia. Russian companies have been cut off from the West’s capital markets since …
Rosatom and Gazprom explore sales of Chinese ‘panda’ bonds Read More »
