Reuters Asia Business

(Reuters) -A group of U.S. solar panel manufacturers asked the Commerce Department to impose anti-dumping and countervailing duties on imports from Indonesia, India and Laos, according to documents on an agency web site. The petition is the latest effort by the small U.S. solar manufacturing industry to seek trade relief to protect billions of dollars …

US solar panel makers seek tariffs on imports from Indonesia, India, Laos Read More »

(Reuters) -Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such as the procurement of rare earths, the Nikkei newspaper reported on Thursday. As China, the dominant supplier of rare earths, tightens export controls, global manufacturers are concerned that Beijing’s decision to curb …

Japan, EU to explore joint rare earths procurement, Nikkei reports Read More »

By Wen-Yee Lee, Faith Hung and Ben Blanchard TAIPEI (Reuters) -TSMC, the world’s main producer of advanced AI chips, posted record, forecast-beating quarterly profit on Thursday but warned that future income might be hit by U.S. tariffs, though perhaps not until the fourth quarter.  Saying demand for artificial intelligence was getting stronger and stronger, Taiwan …

TSMC posts record quarterly profit on AI demand, but wary about tariffs Read More »

By Anton Bridge and David Dolan TOKYO (Reuters) -Japanese retailer Seven & i Holdings has again lived up to a reputation for shrugging off investor calls for better returns. This time, it also provides a reminder that even amid a corporate governance overhaul, big-ticket acquisitions are far from easy in Japan. Canadian retailer Alimentation Couche-Tard …

Seven & i shows Japan M&A is still not easy, even with better governance Read More »

By Joe Cash and Xiuhao Chen BEIJING (Reuters) -Days of record-breaking heat across large swathes of China pushed power demand to an all-time high in excess of 1.5 billion kilowatts on Wednesday, energy officials said, with temperatures forecast to feel like 50 degrees Celsius (122 degrees Fahrenheit) in some areas on Thursday. An arc of …

China’s record-breaking heat pushes power demand to new high Read More »