(Reuters) – Japan’s biggest city gas provider Tokyo Gas will buy a stake in a shale gas development in Texas from U.S. energy giant Chevron in a deal estimated to be worth tens of billions of yen, the Nikkei reported on Tuesday. (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Alan Barona)
(Reuters) – Miner Freeport-McMoRan lowered its forecast for first-quarter gold sales on Monday, after shipment timing issues in Indonesia led to a deferral of a portion of its quarterly production to future periods. Freeport operates Indonesia’s Grasberg, one of the world’s largest gold and copper mines, and had been building a smelter in the country …
Miner Freeport-McMoRan lowers first-quarter gold sales forecast Read More »
By Laura Matthews NEW YORK (Reuters) -The dollar strengthened against the Japanese yen and the euro on Monday, but was set for its largest quarterly decline since July 2024, as uncertainty around U.S. tariffs kept traders mostly on the sidelines waiting for clarity on President Donald Trump’s trade policies. The safe-haven yen gained traction in …
Dollar rises against yen, steadies ahead of US tariff announcement Read More »
By Brijesh Patel (Reuters) – Gold prices extended their stellar run on Monday, topping $3,100 per ounce to hit another record high, as uncertainty around tariffs that would stoke inflation and hinder economic growth lifted safe-haven demand and kept bullion on course for its strongest quarter since 1986. Spot gold rose 1% to $3,116.94 per …
Gold sprints to record above $3,100/oz, set for best quarter since 1986 Read More »
By Panu Wongcha-um BANGKOK (Reuters) -An anti-corruption watchdog had flagged to authorities irregularities it found in the construction of a Bangkok skyscraper before it collapsed in an earthquake last week, killing at least 12 people, the head of the group told Reuters. Initial tests of materials gathered at the site, meanwhile, indicated the presence of …
Thai watchdog had flagged concerns over building that collapsed in earthquake Read More »
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Japanese banks may need to offer business turnaround support to companies hit by tariffs imposed by the administration of U.S. President Donald Trump, the head of the country’s banking lobby said. Many large Japanese firms, including major exporters and manufacturers, are grappling with U.S. duties on …
Tariff-hit firms may need business turnaround financing, Japan’s bank lobby chair says Read More »
BEIJING (Reuters) – Tesla said on Monday the company will offer three-year interest-free loans for the refreshed Model Y before April 30 in China, a notice on its social media account showed. It also said five-year interest-free loans will be available for its Model 3 rear-wheel and long-range all-wheel drive before the same date. (Reporting …
Tesla offers 3-year interest-free loans for refreshed Model Y in China Read More »
By Max A. Cherney SAN FRANCISCO (Reuters) – Chip startup Retym has raised $75 million this year as part of $180 million in total funding the company is using to pursue networking chips for artificial intelligence computing in data centers, the company said on Monday. Retym makes chips that perform digital signal processing (DSP) that …
Chip startup Retym raises $75 million to build chip that will AI connect data centers Read More »
(Reuters) -Chinese property developer Vanke’s residential property management unit Onewo said on Monday it will take full ownership of the real estate development firm Shanghai Xiangda for 870.3 million yuan ($119.99 million). Onewo will gain full ownership of Xiangda by acquiring the remaining 55% stake through its subsidiary, Onewo Business Enterprise Space Technology. The news …
Vanke unit Onewo to buy remaining stake in Shanghai Xiangda for $120 million Read More »
By Ben Blanchard TAOYUAN, Taiwan (Reuters) – Disruptions to the supply chain that are delaying aircraft deliveries are lessening and Airbus is getting much better at managing it, a senior company executive said on Monday. The European planemaker, which delivered 766 jets last year, roughly in line with its target, has been facing industrial delays …
Airbus getting better at managing supply chain disruptions, senior executive says Read More »
