By Scott Murdoch (Reuters) -Chinese battery manufacturer CATL aims to raise at least HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday, the largest listing globally so far in 2025. The electric-vehicle battery maker is selling 117.9 million shares at a maximum offer price of HK$263 per share, …
China’s CATL to raise at least $4 billion in Hong Kong listing Read More »
BEIJING (Reuters) – China said on Monday that it will strengthen controls over the full supply chains of strategic minerals exports as part of efforts to tighten its dominant grip on materials it deems crucial to its national interest. China, the world’s largest supplier of dozens of strategic minerals, began imposing restrictions in 2023 on …
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TOKYO (Reuters) -Japanese supermarket rice prices fell for the first time in 18 weeks, the agriculture ministry said on Monday, though they were still double the price from the same period a year earlier. In the week to May 4, prices fell 19 yen from the previous week to average 4,214 yen ($28.52) per 5 …
Japan supermarket rice prices fall for first time in 18 weeks Read More »
SEOUL (Reuters) – South Korea’s finance ministry said on Monday the government would actively communicate with the U.S. over semiconductor tariffs and make an effort to minimise the impact of biopharmaceutical tariffs. (Reporting by Jihoon Lee; Editing by Ed Davies)
By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday signalled that increasing corn imports from the U.S. would be among options in trade negotiations with Washington, but warned Japan would never sacrifice its agriculture industry to win lower auto tariffs. Japan has made little headway in two rounds of …
Japan’s Ishiba signals increasing corn imports as part of US trade talks Read More »
By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Monday the government was ready to take further steps to cushion the economic blow from higher U.S. tariffs, but signalled caution on cutting the country’s consumption tax rate. Opposition and some ruling party lawmakers have called on the government to cut Japan’s consumption …
Japan’s Ishiba open to more stimulus but rules out sales tax cut Read More »
TOKYO (Reuters) -Japan’s service-sector sentiment worsened in April on concern over the impact of higher U.S. tariffs, a government survey showed on Monday, a sign uncertainty over trade talks with Washington was beginning to take a toll on the fragile economy. In the first survey since President Donald Trump’s April 2 announcement of “reciprocal tariffs”, …
Japan’s service sentiment worsens in April as US tariffs take toll Read More »
By Summer Zhen HONG KONG (Reuters) -Hedge funds, especially U.S.-based ones, added bullish bets on Chinese stocks last week on hopes of progress in U.S.-China trade talks, according to Morgan Stanley. MSCI China Index and China’s blue-chip CSI 300 rose 2.4% and 1.9%, respectively, last week, ahead of the high-stakes U.S.-China trade talks in the …
Hedge funds re-enter Chinese equities on trade talk optimism, Morgan Stanley says Read More »
By Chen Aizhu SINGAPORE (Reuters) – Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions. Independent refiners in China are the main buyers …
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say Read More »
(Reuters) -Shares of Yes Bank jumped 4.6% on Monday, after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will take a 20% stake in the lender, marking India’s largest cross-border banking deal. SMBC is a unit of Sumitomo Mitsui Financial Group and is Japan’s second-biggest bank. Yes Bank said in a stock exchange …
India’s Yes Bank up after Japan’s SMBC agrees to buy 20% stake Read More »
