By Maria Martinez SINGAPORE (Reuters) -Singapore is ready to work closer together with Germany to tackle the supply-chain challenges both face in a new global scenario, German Finance Minister Lars Klingbeil said on Thursday, after talks with officials in the Asian city-state. As the two nations mark 60 years of diplomatic ties, Klingbeil met Singapore’s …
Germany to work closer with Singapore on supply chain issues Read More »
By Laurie Chen, Trevor Hunnicutt and Jeffrey Dastin WASHINGTON (Reuters) -U.S. officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of President Donald Trump’s economic agenda. Officials relayed these messages over the last several days to stakeholders in government and private industry, according to two people with …
Exclusive-Trump’s semiconductor tariff plan likely delayed, officials say Read More »
By Takaya Yamaguchi TOKYO (Reuters) -Japan’s government is in the final stages of assembling a stimulus package worth 21.3 trillion yen ($135.38 billion) to help households cope with persistent inflation, a draft seen by Reuters showed, in what would be the largest stimulus since the COVID pandemic. The package reflects Prime Minister Sanae Takaichi’s expansionary …
Japan’s stimulus to be worth $135 billion, largest since pandemic, draft shows Read More »
By Phuong Nguyen HANOI (Reuters) -Vietnamese budget airline Vietjet plans to resume the use of COMAC jets next week after a one-month hiatus, according to two sources familiar with the matter, reinvigorating the Chinese planemaker’s international expansion. The airline last month paused flights from Hanoi and Ho Chi Minh City to the popular tourist destination …
Vietnamese airline Vietjet to resume use of Chinese-made COMAC planes, sources say Read More »
By Satoshi Sugiyama TOKYO (Reuters) -The Bank of Japan will raise interest rates at its upcoming December meeting, according to a slim majority of economists in a Reuters poll, pushing through with its aim of normalising monetary policy, backed by the yen’s recent decline. Prime Minister Sanae Takaichi, a proponent of expansionary fiscal and monetary …
BOJ set to hike interest rates in December, but decision on knife-edge: Reuters poll Read More »
By Amy Lv and Lewis Jackson BEIJING (Reuters) -China’s rare earth magnet exports in October fell 5.2% from a month earlier, customs data showed on Thursday, down for a second month, but shipments to the United States surged to a nine-month high. Beijing announced earlier this month it would suspend the rare earth export control …
China October rare earth magnet exports fall for a second month, but US shipments surge Read More »
By Che Pan and Brenda Goh BEIJING (Reuters) -Lenovo said on Thursday it has signed long-term contracts for memory chips to ensure supplies amid rising memory prices because of surging AI demand. “We signed the optimal contract with key component suppliers to ensure we have enough supply for next year,” CEO Yang Yuanqing told Reuters …
China’s Lenovo signs long-term component‑supply deal for next year Read More »
(Reuters) -Argosy Minerals has signed a spot sales contract with China’s Chengdu Chemphys Industry for 16.1 tonnes of lithium carbonate produced from its Rincon project in Argentina, the Australian miner said on Thursday. The Perth-based miner said the contract price was pegged to the Shanghai metals market’s lithium carbonate prices, with payment through an irrevocable …
Australia’s Argosy inks lithium spot sales deal with China’s Chengdu Chemphys Industry Read More »
BEIJING (Reuters) -China imported no soybeans from the U.S. for a second straight month in October even as total imports surged to a record high on purchases from South America, with buyers aiming to avert supply disruptions amid trade tensions with Washington. Data from China’s General Administration of Customs on Thursday showed U.S. soybean imports …
China imports no US soybeans for second month, Brazil arrivals up 29% Read More »
SHANGHAI (Reuters) -China’s central bank said on Thursday it will sell 45 billion yuan ($6.33 billion) worth of yuan-denominated bills in Hong Kong on November 24. The People’s Bank of China (PBOC) said it will sell 30 billion yuan worth of three-month bills and another 15 billion yuan of one-year bills in the Asian financial …
China’s central bank to sell bills worth 45 billion yuan in Hong Kong Read More »
