(Reuters) -Singapore’s Sembcorp Industries reported a mostly steady net profit on Friday, as a dip in earnings contribution from its gas and related services segment was offset by a jump in bottom-line performance at the renewables division. The utility company said its net profit for the six-month period ended June 30 was S$536 million ($418.00 …
Singapore’s Sembcorp posts stable interim earnings; hikes dividend Read More »
By Daniel Leussink and Sam Nussey TOKYO (Reuters) -U.S. President Donald Trump’s tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit forecasts while Sony and Honda are among those saying the impact will be less than they had feared. As Trump’s levies on global shipments into the U.S. kicked …
Trump tariffs split Japan Inc as Toyota cuts forecast while Sony, Honda raise Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Tariffs and worries over the Federal Reserve’s independence battled against tech resilience in U.S. stock market trading on Thursday, while the Bank of England’s narrow call to cut rates highlighted the dilemma facing many …
Trading Day: Tariffs, Fed fears vs tech optimism Read More »
TOKYO (Reuters) -Tokyo Electron Ltd said on Thursday a former employee of its Taiwan subsidiary was involved in a case cited by the Intellectual Property Branch of the Taiwan High Prosecutors Office on Tuesday. Taiwanese authorities have detained three people for allegedly stealing technology trade secrets from Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest …
Tokyo Electron confirms Taiwan unit employee’s involvement in intellectual property case Read More »
By Nora Eckert (Reuters) -General Motors will import electric vehicle batteries from Chinese battery giant CATL, a source familiar with the matter told Reuters on Thursday. The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost batteries made with lithium iron phosphate (LFP) chemistry, the …
GM to import EV batteries from China’s CATL, source says Read More »
HONG KONG (Reuters) -Chinese property developer Country Garden confirmed on Thursday that the Hong Kong High Court had adjourned a hearing into a liquidation petition against it to January 5, 2026. The adjournment was earlier posted on the Hong Kong judiciary’s website. The hearing was originally scheduled for August 11, 2025. Once a top developer …
Country Garden’s liquidation hearing adjourned to January 5 Read More »
(In paragraph 5, corrects the impact of tariffs on Ford to a hit on pretax adjusted profit, instead of revenue) By Daniel Leussink TOKYO (Reuters) -Japan’s Toyota Motor said on Thursday it expected a hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate …
Toyota warns of $9.5 billion tariff hit, slashes annual profit forecast Read More »
By Leika Kihara TOKYO (Reuters) -Japan pressed the United States to swiftly implement an agreed cut to auto tariffs and sought clarification on levies for other goods, as conflicting interpretations of the bilateral trade deal further pressured Prime Minister Shigeru Ishiba’s shaky administration. In a meeting with U.S. Secretary of Commerce Howard Lutnick in Washington …
Japan presses US on auto tariff cut, seeks clarification on other levies Read More »
(Reuters) -Singapore’s Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager and operator said on Thursday. The company said the raising includes around S$907 million in capital commitments from global institutional investors for its …
By Wen-Yee Lee TAIPEI (Reuters) -Taiwan authorities said on Thursday they were investigating 16 Chinese companies for allegedly poaching semiconductor and other high-tech talent, amid growing concerns over technology outflows. More than 300 agents searched 70 locations and questioned 120 people between July 15 and August 6, the Taiwan Investigation Bureau said, in coordinated raids …
Taiwan investigates 16 Chinese firms for poaching high-tech talent Read More »
