By Leika Kihara TOKYO (Reuters) -U.S. President Donald Trump’s trade deal with Tokyo opens scope for the Bank of Japan to raise interest rates again this year, sources say, a prospect the central bank may start to telegraph by offering a less gloomy view on the economic outlook. But a near-term rate hike is hardly …
Trade deal clears way for BOJ to tiptoe back to rate hikes Read More »
By David Lawder STOCKHOLM (Reuters) -Senior U.S. and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world’s top two economies, aiming to extend a truce keeping sharply higher tariffs at bay. China is facing an August 12 deadline to reach a durable …
US, China to resume tariff talks in effort to extend truce Read More »
TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump said on Sunday his administration was close to reaching a trade deal with China, but gave no other details. “We’re very close to a deal with China. We really sort of made a deal with China, but we’ll see how that goes,” Trump told reporters at the start …
Trump says US is close to reaching a trade deal with China Read More »
DHAKA (Reuters) -Bangladesh has ordered 25 aircraft from Boeing and ramped up imports of key American goods in an effort to defuse trade tensions and bring down the steep tariffs imposed by the Trump administration, a senior official said on Sunday. The moves are part of a broader strategy to narrow a $6 billion U.S. …
Bangladesh orders 25 Boeing planes as part of push to ease US tariffs Read More »
(Reuters) -A high-level delegation from the U.S.-China Business Council will visit China this week and is expected to meet senior Chinese officials, the South China Morning Post (SCMP) reported on Sunday, citing two sources familiar with the matter. The delegation will be led by FedEx Chief Executive Rajesh Subramaniam, the council’s board chair, and is …
US business delegation to visit China, SCMP says Read More »
HONG KONG (Reuters) -China on Sunday announced a plan to promote consumption of agricultural products and “optimise green and high-quality products to meet multi-level consumer needs”, its Ministry of Agriculture and Rural Affairs said. (Reporting by Farah Master and the Beijing newsroom; Editing by Jamie Freed)
(Reuters) -U.S. investment firm KKR is in talks to buy Singapore-based ST Telemedia Global Data Centres in a deal that could value the Asian infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. KKR and STT declined to comment to Reuters’ requests for comments on the …
KKR in talks to buy ST Telemedia Global Data Centres, Bloomberg News reports Read More »
(Reuters) -Chinese autonomous driving technology company WeRide said on Saturday it has been granted a permit from the Shanghai municipal government to operate autonomous robotaxi ride-hailing services. WeRide, in partnership with Chery Group and Jinjiang Taxi, will deploy fully driverless ride-hailing robotaxis on public roads in the Pudong New Area, the company said in a …
WeRide receives permit for robotaxis in Shanghai Read More »
By Makiko Yamazaki TOKYO (Reuters) -Japan’s $550 billion investment package agreed in this week’s U.S. tariff deal could help finance a Taiwanese firm building semiconductor plants in the U.S., Japan’s top trade negotiator Ryosei Akazawa said on Saturday. Japan agreed to the sweeping U.S.-bound investment initiative, which includes equity, loans and guarantees, in exchange for …
Japan says $550 billion package in trade deal could finance Taiwanese chipmaker in US Read More »
SHANGHAI (Reuters) -China’s Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia’s most advanced offering, as the Chinese technology giant seeks to capture market share in the country’s growing artificial intelligence sector. The CloudMatrix 384 system made its first public debut at the World Artificial Intelligence …
Huawei shows off AI computing system to rival Nvidia’s top product Read More »
