By Ella Cao and Eduardo Baptista BEIJING (Reuters) -Argentina is close to securing an agreement to export beef offal products to China, according to two people involved in the negotiations, as both sides move to finalise technical details and Beijing steps up efforts to diversify its food imports. “We think we are reaching the end …
Argentina nears deal to export beef offal to China Read More »
By Mariko Katsumura and Yuka Obayashi TOKYO (Reuters) -U.S. President Donald Trump’s comments supporting Nippon Steel’s $14.9 billion bid for U.S. Steel left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to muted gains for its shares on Monday. As part of the deal announced on Friday, …
Trump’s backing for Nippon’s US Steel bid leaves key questions unanswered Read More »
JAKARTA (Reuters) -The Indonesian central bank’s policy to cut a secondary reserve requirement to 4% from 5% starting from June will provide banks with 78.45 trillion rupiah ($4.84 billion) of liquidity they can manage more flexibly, a senior official said on Monday. The comments were made by Solikin M. Juhro, Bank Indonesia’s head of macroprudential …
SEOUL (Reuters) -OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT service, the company said on Monday. South Korea has the largest number of paying ChatGPT subscribers after the United States, according to OpenAI. OpenAI has also begun …
OpenAI to open office in Seoul amid growing demand for ChatGPT Read More »
HANOI (Reuters) -Vietnamese budget carrier VietJet on Monday agreed to place a new order with planemaker Airbus for 20 A330neo wide-body jets, the airline said in a press release, as French President Emmanuel Macron was in Hanoi to meet Vietnam’s leaders. The agreement brings to 40 the A330neo planes that VietJet has agreed to buy, …
Vietnam’s VietJet orders 20 more Airbus planes as Macron visits Hanoi Read More »
SHANGHAI ((Reuters) -China-listed Apple supplier stocks lost ground on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones. Shares in Luxshare, which assembles iPhones and makes AirPods, fell 2.2% while Chinese mobile screen maker Lens Tech lost 1.8%. Airpod maker Goertek declined 1.1%. Trump threatened on Friday to ratchet up his trade war …
Shares in China-listed Apple suppliers fall after Trump’s tariff threats Read More »
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Sunday said Tokyo aims to advance tariff talks with the United States, with the goal of achieving an outcome during the Group of Seven summit next month. Japan’s top tariff negotiator Ryosei Akazawa held a third round of Japan-U.S. talks in Washington on Friday. Speaking to reporters …
Japan PM Ishiba aims to advance US tariff talks; eyes outcome at G7 summit Read More »
ISLAMABAD (Reuters) -Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday. The allocation is part of Islamabad’s plans to use its surplus electricity to bitcoin mining and AI data centres. Pakistan’s energy sector is …
Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres Read More »
By Supantha Mukherjee NORRKOPING, Sweden (Reuters) -Nvidia CEO Jensen Huang on Saturday praised U.S. President Donald Trump’s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden. Nvidia will provide its latest generation AI data centre platform to a group of …
Nvidia CEO calls Trump re-industrialisation policies ‘visionary’ Read More »
JAKARTA (Reuters) -Indonesia plans to announce economic stimulus measures on June 5 to revive activity and boost consumer purchasing power, hoping to push economic growth to around 5% this quarter, the Coordinating Ministry of Economic Affairs said on Saturday. “These programmes are prepared to encourage growth by increasing consumption,” chief economic minister Airlangga Hartarto said …
Indonesia to launch economic stimulus to boost consumption Read More »
