KUALA LUMPUR (Reuters) – Malaysian palm oil planter FGV Holdings said on Friday it expected higher profit margins in 2025, boosted by improved productivity from its estates and elevated palm prices in the first half of the year. Palm prices are expected to average between 4,300 ringgit and 4,600 ringgit a metric ton in the …
Malaysia’s FGV Holdings expects higher profit margins in 2025 Read More »
BEIJING (Reuters) – Autonomous driving-related over-the-air software upgrades will be subject to regulatory approvals, China’s industry ministry said on Friday, part of new regulations aimed at preventing automakers using them to conceal defects or avoid liability. Electric vehicle makers including Tesla and Xiaomi have used OTA upgrades to fix software bugs. Such upgrades are called …
China mandates regulatory approvals for autonomous driving software upgrades Read More »
By Siyi Liu and Florence Tan SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the marginal decline in benchmark prices this month, traders said on Friday. The April official selling price (OSP) for flagship Arab Light crude may decline by 20 cents to …
Saudi Arabia may lower April oil prices for Asia Read More »
By Kiyoshi Takenaka TOKYO (Reuters) – Recently in Tokyo an AI-driven robot leaned over a man lying on his back and gently put a hand on his knee and another on a shoulder and rolled him onto his side — a manoeuvre used to change diapers or prevent bedsores in the elderly. The 150-kg (330 …
AI robots may hold key to nursing Japan’s ageing population Read More »
By Fransiska Nangoy and Stefanno Sulaiman JAKARTA (Reuters) – New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase economic growth and create jobs, its chief investment officer told Reuters. Danantara, which was launched this week and is slated to eventually …
Indonesia’s new sovereign fund will run with commercial mindset, official says Read More »
By Rajendra Jadhav and Rahul Paswan (Reuters) – India’s gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as activity remained lacklustre. “Demand has started to trickle in as prices come down, but many buyers …
India’s gold demand improves as prices retreat from all-time high Read More »
SHANGHAI (Reuters) – China’s mainland investors have played an unprecedented role in a rally on Hong Kong’s equity market that has pushed the benchmark index to its highest level since 2022. Mainland investors typically buy or sell Hong Kong-listed shares via the southbound link of the Stock Connect scheme. WHY IT’S IMPORTANT Hong Kong’s stock …
Chinese mainland investors drive surge in Hong Kong stocks Read More »
By Siyi Liu and Chen Aizhu SINGAPORE (Reuters) – China’s imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under U.S. embargo, trade sources and analysts said. The rebound of sanctioned oil shipments to China, the world’s …
Russian, Iranian oil supply to China rebounds as new vessels cash in on the trade Read More »
TOKYO (Reuters) – Toyota Motor said on Friday it plans to pay more for the domestic components so that suppliers can raise wages which in turn will help it maintain a stable supply base. Japan’s policymakers have said they want to see small firms join larger companies in offering big pay increases in this year’s …
Toyota to pay more for parts to help domestic suppliers raise wages Read More »
By Xinghui Kok SINGAPORE/BEIJING (Reuters) – Singapore charged three men with fraud in a case domestic media have linked to the movement of Nvidia’s advanced chips from the city state to Chinese artificial intelligence firm DeepSeek. The United States is investigating if DeepSeek, the Chinese company whose AI model’s performance rocked the tech world in …
Singapore charges three with fraud that media link to Nvidia chips Read More »
