HANOI (Reuters) -Amazon is aiming to deploy its Kuiper satellite services in Vietnam, Vietnam’s Ministry of Science and Technology said in a statement. The statement from late on Tuesday came after a meeting in Hanoi between deputy minister Pham Duc Long and Gonzalo de Dios, head of Global Licensing and Project Kuiper at Amazon. The …
Amazon aiming to deploy Kuiper satellite services in Vietnam Read More »
(Corrects paragraph 12 to remove Capital after Hillhouse, as it is its former name) By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) -The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (REIT) with assets potentially valued at more than $1 billion, …
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -China’s stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the economic recovery struggles to gather pace. The benchmark Shanghai Composite Index is up by a …
Analysis-Chinese savers are a booming stock market’s next catalyst Read More »
BEIJING (Reuters) -China’s commerce minister urged closer ties in new energy and capital markets in talks with Saudi Arabia’s visiting investment minister, the commerce ministry said on Wednesday, as Beijing seeks Riyadh’s backing for a Gulf trade deal. Beijing is pursuing closer commercial ties with the Gulf states as it seeks a way out of …
China seeks closer trade ties with Saudi Arabia as Gulf trade deal stalls Read More »
(Refiles to change slug, no changes to text) HANOI (Reuters) -Vietnam is planning to switch completely to ethanol-blended gasoline from next year, opening up the possibility for the Southeast Asian country to import more ethanol and corn from the United States. The Ministry of Industry and Trade has submitted a proposal to the government to …
Vietnam to make switch to ethanol-blended fuel in move to boost U.S. imports Read More »
By Nidhi Verma and Krishna N. Das NEW DELHI (Reuters) -India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the U.S. that came into effect on Wednesday will quickly undo the gains, with no easy solutions in sight. Analysts …
Analysis-India’s Russian oil gains wiped out by Trump’s tariffs Read More »
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -American and other Western officials are worried a Vietnamese tungsten mine and refinery may come under Chinese control, potentially hampering access to a major source of the critical mineral outside China, people with knowledge of the matter said. Heightened U.S.-Sino trade tensions have seen China, by far …
Exclusive-West frets over China’s interest in Vietnam tungsten mine, sources say Read More »
TAIPEI (Reuters) -Taiwan’s government announced on Wednesday the appointment of former TSMC board member Kung Ming-hsin as the new economy minister after his predecessor resigned for health reasons and as part of a broader cabinet reshuffle. Kung, who is transitioning from his current role as cabinet secretary-general, previously sat on the board of TSMC as …
Taiwan names former TSMC board member as new economy minister Read More »
TOKYO (Reuters) -Japan’s Mitsubishi Corp will withdraw from three offshore domestic wind farm projects it won in 2021, after taking a financial hit earlier this year, it said on Wednesday. Mitsubishi leads a consortia which won Japan’s first state-run wind auctions in 2021 to run the three projects. The farms have a projected capacity of …
Mitsubishi withdraws from three Japanese offshore wind power projects Read More »
By Jihoon Lee SEOUL (Reuters) -South Korea’s export growth likely slowed in August, weighed by higher U.S. tariffs introduced after a trade deal with the Trump administration, a Reuters poll showed on Wednesday. Exports from Asia’s fourth-largest economy are forecast to have risen 3.0% from a year earlier, after gaining 5.8% in July, according to …
South Korea export growth seen slowing on higher US tariffs: Reuters Poll Read More »
