By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) -Potential bidders for Macquarie Asset Management’s South Korean industrial gas firm DIG Airgas include investment firm KKR & Co, Brookfield Asset Management, and French gas supplier Air Liquide, in a deal that could fetch up to $3.6 billion, two sources with knowledge of the matter said. …
(Reuters) -Hanwha Group has received approval from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian shipbuilder Austal to 19.9% from the current 9.9%, the South Korean conglomerate said on Tuesday. Austal, which supplies defence vessels to the U.S. Navy, is seeking independent verification of this approval, according to a separate …
South Korea’s Hanwha Group says it has US approval for Austal stake increase Read More »
TAIPEI (Reuters) -The United States should treat Taiwan like a partner and not an adversary, remove new and proposed tariffs, restore high-level cabinet visits and agree a double taxation deal, the American Chamber of Commerce in Taiwan said on Tuesday. Taiwan, which China views as its own territory, enjoyed strong support from U.S. President Donald …
US business group says Washington should treat Taiwan like partner not adversary Read More »
(Reuters) -The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal’s principle of neutrality, the canal’s head Ricaurte Vasquez told the Financial Times. “There is a potential risk of capacity concentration if the deal comes the way it is structured as we understand …
Panama Canal boss says MSC ports deal threatens neutrality, FT reports Read More »
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying inflation approaches its 2% target. The BOJ has said underlying inflation, or demand-driven price pressure measured by various indicators, remains short of its 2% target – even though the …
BOJ vows to keep raising rates if underlying inflation accelerates Read More »
By Chang-Ran Kim TOKYO (Reuters) -Japan will release another 200,000 metric tons of rice from its emergency stockpile to tackle a doubling of prices since last year, Agriculture Minister Shinjiro Koizumi said on Tuesday. Of the new release, 100,000 tons of 2021 crop year rice will be sold first, to retailers of all sizes and …
Japan to release 200,000 more tons of emergency rice to curb prices Read More »
TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said on Tuesday that the government will conduct appropriate debt management policies while communicating closely with market participants. “It’s important for the government to make efforts to ensure a variety of investors buy and own government bonds, at a time when the Bank of Japan tapers its bond …
Japan to conduct appropriate debt management policies, finance minister says Read More »
By Colleen Howe SHANGHAI (Reuters) -As the world’s biggest solar energy conference kicks off in Shanghai on Tuesday, the mood is likely to be subdued as Chinese solar panel producers grapple with oversupply and price reforms. Most of the world’s solar farms are powered by cells and modules made in China, but the country’s top …
Losses, pricing reform in focus as Shanghai hosts world’s largest solar conference Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist I’m excited to announce that I’m now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters …
Trading Day-London calling, stocks crawling higher Read More »
By Akash Sriram (Reuters) -Apple unveiled upgrades to operating systems across its devices on Monday, including overhauled visual elements, a fresh naming system for software updates and new features in its Apple Intelligence suite. At its annual Worldwide Developers Conference, the company also said it would open up the underlying technology it uses for Apple …
Factbox-Here is everything Apple announced at its annual developer conference Read More »
