By Florence Tan and Ashley Tang KUALA LUMPUR (Reuters) -Buyers are attracted to Shell’s LNG Canada project because it uses the Canadian Alberta Energy Company (AECO) price index as a benchmark, which is lower than the Henry Hub price in the U.S., the company’s chief executive said on Tuesday. “What is particularly attractive about LNG …
Shell CEO says local price index makes LNG Canada project attractive Read More »
JAKARTA (Reuters) -Sovereign wealth funds Danantara Indonesia and Indonesia Investment Authority (INA) said on Tuesday that they had signed a memorandum of understanding with petrochemical and energy firm Chandra Asri Pacific worth up to $800 million. The agreement would explore the potential entry of Danantara and INA as new investors to build a chlor-alkali – …
Indonesia sovereign wealth funds Danantara, INA sign MOU with Chandra Asri Pacific Read More »
By Claire Fu SINGAPORE (Reuters) -Chinese medical office worker Qin Meng has found a lucrative side-hustle: she wakes up before midnight, fills in her clients’ divorce certificate applications on a government website, then hits the confirm button exactly at the top of the hour. Miss it by seconds and the daily slots are “gone in …
Want to file for divorce in China? You might need a booking agent Read More »
By Rahul Trivedi BENGALURU (Reuters) -Bank Indonesia will hold its interest rate steady on Wednesday, according to two-thirds of economists in a Reuters poll, although they remain divided on where borrowing costs might end the year. Indonesia’s central bank will announce its decision just hours before the U.S. Federal Reserve is due to meet, with …
Bank Indonesia to hold rates steady at 5.50% on June 18 Read More »
KANANASKIS, Alberta (Reuters) -Prime Minister Shigeru Ishiba said on Monday that Japan is seeking a trade deal with the United States that benefits both countries and that he had a frank discussion with U.S. President Donald Trump. (Reporting by Tim Kelly, Writing by Bhargav Acharya; Editing by Sandra Maler)
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump did not reach a tariff agreement, Fuji TV reported on Tuesday. (Reporting by Kaori Kaneko and Mariko Katsumura; Editing by Jacqueline Wong)
By Alexandra Alper and Steve Holland WASHINGTON (Reuters) -An unusual move by the Trump administration to give itself a golden share in U.S. Steel as part of a deal to approve Nippon Steel’s takeover of the well-known U.S. company could drive away foreign investors in U.S. companies, national security lawyers said on Monday. Commerce Secretary …
Golden share in U.S. Steel could scare off foreign investors in US deals, lawyers say Read More »
ROME (Reuters) -Italy’s antitrust watchdog AGCM said on Monday it had opened an investigation into Chinese artificial intelligence startup DeepSeek for allegedly failing to warn users that it may produce false information. DeepSeek did not immediately respond to an emailed request for comment. The Italian regulator, which also polices consumer rights, said in a statement …
Italy regulator probes DeepSeek over false information risks Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Investor sentiment and risk appetite rebounded sharply on Monday as fears around the Israel-Iran conflict subsided, shifting the spotlight away from geopolitical risk and back towards this week’s raft of central bank policy …
(Reuters) -Justin Sun’s crypto platform, Tron, has reached a deal with Nasdaq-listed company SRM Entertainment under which it will buy tokens, be renamed Tron Inc and have Sun join the company as an adviser, SRM said on Monday. SRM’s statement did not name the private investor whose $100 million equity investment – valued at $210 …
Crypto platform Tron strikes deal with Nasdaq-listed company Read More »
