By Ariba Shahid ISLAMABAD (Reuters) -Pakistan plans to offer concessions to U.S. companies to invest in its mining sector as part of negotiations with Washington over tariffs, its commerce minister told Reuters, as Islamabad seeks to capitalize on the Trump administration’s interest in boosting trade with South Asia. Pakistan faces a potential 29% tariff on …
By Max A. Cherney and Wen-Yee Lee TAIPEI (Reuters) -Nvidia CEO Jensen Huang flew out of Taipei on Friday after a week revelling in the adoration of Taiwan’s tech industry, and delivering a subtle but crucial message from the U.S. AI chip king on how it plans to keep its crown. While ‘Jensanity’ swirled around …
Analysis-Amid ‘Jensanity’, Nvidia signals plans to keep AI crown Read More »
By Mohammad Yunus Yawar and Charlotte Greenfield KABUL (Reuters) – The Taliban administration is in advanced talks with Russia for banks from both sanctions-hit economies to settle trade transactions worth hundreds of millions of dollars in their local currencies, Afghanistan’s acting commerce minister said. The Afghan government has made similar proposals to China, the minister, …
Exclusive-Taliban in talks with Russia, China for trade transactions in local currencies Read More »
ISLAMABAD (Reuters) – Pakistan will present its annual budget on June 2 for the financial year 2025-26, Khurram Schehzad, the finance minister’s adviser, said on Friday. The economic survey for the current financial year will be presented on June 1, Schehzad said. (Reporting by Asif Shehzad, writing by Tanvi Mehta; editing by Sudipto Ganguly)
By Bing Hong Lok SINGAPORE (Reuters) -Singapore’s key consumer price gauge came in above expectations in April, data showed on Friday, but it remained at a low level and authorities said the risks to inflation were tilted to the downside given the uncertain global economic environment. The annual core inflation rate, which excludes private road …
Singapore’s core inflation edges up in April; price risks seen tilted to downside Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s core inflation accelerated at its fastest annual pace in more than two years in April on steady rises in food costs, data showed on Friday, raising the odds of another interest rate hike by year-end. The data underscores the Bank of Japan’s predicament of balancing price pressures from persistent …
Japan’s core inflation hits more than 2-year high, could force year-end BOJ hike Read More »
By Selena Li HONG KONG (Reuters) -China has given approval for Qatar’s sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor at a time of rising tension with the West. China’s securities watchdog approved the Qatar …
China approves Qatar sovereign fund to buy a tenth of its top asset manager Read More »
BEIJING (Reuters) -Apple is offering additional trade-in discounts for new iPhones in China until June 18, according to its website on Friday. (Reporting by Beijing newsroom; Editing by Tom Hogue)
HANOI (Reuters) -Vietnam said on Friday its trade minister met with the U.S. Commerce Secretary and senators during a visit to the United States, pledging during talks on tariffs to narrow their trade gap and combat trade fraud and illegal transhipment. Vietnam and the United States this week concluded a second round of trade negotiations, …
Vietnam expresses willingness to combat trade fraud in US tariff talks Read More »
By Scott Murdoch and Donny Kwok HONG KONG (Reuters) -Positive trading debuts on Friday for Jiangsu Hengrui Pharmaceuticals and Mirxes Holdings, which raised a combined $1.4 billion in separate listings, capped one of the strongest weeks for Hong Kong’s capital markets in the past year. More than $6.5 billion of shares started to trade in …
Jiangsu Hengrui, Mirxes debuts cap strong week for Hong Kong listings Read More »
