(Reuters) – Australian energy giant Woodside Energy said on Monday it had signed a long-term sale and purchase agreement with China Resources Gas International for the supply of liquefied natural gas (LNG) to China. Under the terms of the agreement, Woodside will supply approximately 0.6 million metric tons of LNG annually over 15 years, with …
Woodside signs long-term LNG supply deal with China Resources Gas Read More »
By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s non-oil domestic exports rose 7.6% in February from the same month a year earlier, government data showed on Monday, boosted by a growth in both electronics and non-electronics sales. The increase compared with a Reuters poll forecast of a rise of 8.7% and followed a 2.1% fall …
Singapore’s February exports rise 7.6% y/y, less than forecast Read More »
(Reuters) -China-based Nanshan Aluminium, an affiliate of Malaysia’s Press Metal is seeking to raise up to HK$2.78 billion ($357.7 million) in a Hong Kong initial public offering, according to a regulatory filing made on Monday. Under the terms of the IPO, Nanshan is offering a total of 88.2 million shares, priced between HK$26.60 and HK$31.50 …
Nanshan Aluminium looking to raise up to $358 million in Hong Kong IPO Read More »
By Hyunjoo Jin SEOUL (Reuters) – The United States has called for better access to the Korean market, particularly in the agriculture and technology sectors, South Korea’s trade minister said on Sunday. Trade Minister Cheong In-kyo was returning from a trip to Washington where he asked his U.S. counterpart, Jamieson Greer, to exempt the country …
U.S. calls for better access to Korean market, South Korean trade minister says Read More »
SHANGHAI (Reuters) -Volkswagen is in talks with digital cockpit system developer Ecarx to put the Chinese company’s technologies in cars it sells in developed markets, such as Europe, Ecarx’s CEO said on Wednesday. Volkswagen already has a partnership with the firm, which is backed by Geely Chairman Eric Li, to manufacture smart cars in Brazil …
HONG KONG (Reuters) -China’s Baidu said on Sunday it has launched two new artificial intelligence models, including a new reasoning-focused model that it said rivalled DeepSeek’s model, as it vies to stand out in a fiercely competitive AI race. Chinese AI startup DeepSeek’s roll-out of AI models which it says is on par with, or …
China’s Baidu launches two new AI models as industry competition heats up Read More »
SHANGHAI ((Reuters)) – China’s securities watchdog will step up monitoring fake information in the stock market and work with the police and cyberspace regulators to crack down on those who disseminate false news, which is being made easier by AI, official media reported on Saturday. Regulators will “hit early, hit hard, and hit at the …
KUALA LUMPUR (Reuters) – Malaysia’s state energy firm Petronas said on Saturday it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator role with Petros have reached a deadlock. Petronas, or Petroliam Nasional, has been engaged in stalled negotiations with Petros, Sarawak’s state-run energy firm, since last year. …
Petronas says still in talks with Sarawak over gas aggregator role Read More »
SHANGHAI ((Reuters)) – China should choose the right timing and force in easing monetary policy, state media said on Saturday in the latest signal that further easing to boost the world’s second-largest economy may not be imminent. Days before the article in the official Shanghai Securities News, the central bank pledged to adjust monetary policy …
China should choose ‘right timing and strength’ for monetary easing, state media says Read More »
KUALA LUMPUR (Reuters) -Malaysia’s sovereign wealth fund Khazanah Nasional Bhd will acquire Innovation Network Corporation of Japan’s (INCJ) stake in telecommunications infrastructure company EDOTCO Group. The financial details of the deal were not disclosed in the statement. INCJ’s investment in EDOTCO announced in 2016 was valued at the time at $400 million. According to local …
