By Sneha Kumar and Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s NTT DC REIT, a data centre real estate investment trust, had a lacklustre market debut on Monday after riding a wave of AI interest to raise $773 million in the city-state’s biggest IPO in four years. NTT DC REIT shares ticked higher to $1.03 in the …
Data centre NTT DC REIT makes tepid debut after Singapore’s biggest IPO in 4 years Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s central bank may face political pressure to keep interest rates low for longer than it wants, as opposition parties favouring tax cuts and loose monetary policy are expected to gain influence after a July 20 election. Opinion surveys suggest Prime Minister Shigeru Ishiba’s coalition may lose its majority in …
Analysis-Japan election could further hamper BOJ’s drive to raise rates Read More »
By Hyunjoo Jin SEOUL (Reuters) -South Korea’s top trade envoy said on Monday it may be possible to strike an “in-principle” trade deal with the United States by an August 1 deadline and signalled Seoul may be open to allow greater access to its agriculture markets, local media reported. Minister for Trade Yeo Han-koo, who …
South Korea says framework US trade deal possible by August, farm market access on table Read More »
BEIJING, Jul 14 (Reuters) – China, the world’s largest rare earth exporter, sold 7,742.2 tonnes of rare earths in June, up 32.0 % from May, figures from the General Administration of Customs of China showed. For more details, click on [TRADE/CN] ((If you have a query or comment on this story, send an email to …
JAKARTA (Reuters) -Global commodities trading firm Trafigura said an employee at its Indonesian subsidiary has been cooperating with the authorities in a corruption investigation involving state energy company PT Pertamina. The Indonesian Attorney General’s Office on Thursday named nine more people, including the employee at PT Trafigura, as suspects in an investigation into alleged corrupt …
Trafigura says employee at Indonesia unit cooperating with corruption probe Read More »
(Refiles to fix format error in last paragraph, no change to text) KUALA LUMPUR (Reuters) -Malaysia’s trade ministry said on Monday that the export, transshipment and transit of high-performance artificial intelligence chips of U.S. origin will be subject to a trade permit, effective immediately. Individuals or companies are required to notify authorities at least 30 days …
Malaysia says trade permit required for AI chips of U.S. origin Read More »
HANOI (Reuters) -Vietnam’s tech firm CMC Corp. has got approval from the authorities of Ho Chi Minh City to build a $250-million hyperscale data centre there, it said on Monday. The centre has an initial capacity of 30 megawatts, which could be expanded to 120 MW later, the company said in a statement. (Reporting by …
Vietnam’s CMC gets approval for $250-million hyperscale data centre Read More »
BANGKOK (Reuters) -Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday. The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of tariffs, Finance Minister Pichai Chunhavajira told a business seminar. Thailand faces a 36% tariff from Washington if a …
Thailand considering offering zero tariffs on more U.S. imports, finance minister says Read More »
BEIJING (Reuters) -China’s yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data showed on Monday. (Reporting by Beijing Newsroom; Editing by Jacqueline Wong)
SINGAPORE (Reuters) -Korea Southern Power Co (KOSPO) is seeking 3 trillion to 3.7 trillion British thermal units (TBtu), or one cargo, of liquefied natural gas (LNG) for delivery in the first half of September, according to a tender issued by the company. The company is seeking the cargo on a JKM-linked basis to be delivered …
South Korea’s KOSPO seeks LNG cargo for September delivery Read More »
