By Rishav Chatterjee (Reuters) – Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the potential of an extended global trade war and factored in a boost in appetite towards risk-sensitive assets. Bearish stances on the Chinese yuan and Singapore dollar were at their lowest since …
NEW DELHI/SINGAPORE (Reuters) – ArcelorMittal Nippon Steel India is seeking deliveries of liquefied natural gas (LNG) cargoes over a five-year period beginning 2026, two industry sources said on Thursday. The joint venture between ArcelorMittal and Nippon Steel is seeking six cargoes for delivery each year to either the Dahej or Hazira import terminal in a …
ArcelorMittal Nippon Steel India seeks LNG over 5-year period, say sources Read More »
By Kiyoshi Takenaka TOKYO (Reuters) – Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign yet of mounting worry in the United States’ top foreign direct investor. The results of the survey show how the prospect of higher …
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will hike interest rates only once more this year, most likely during the third quarter to 0.75%, according to a majority of economists in a Reuters poll published on Thursday. The survey also showed analysts’ median prediction for the rate of pay increases in wage …
BOJ to raise rates once more this year to 0.75%, most likely in Q3 – Reuters poll Read More »
By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday he met Prime Minister Shigeru Ishiba for a regular exchange of views on the economy and financial markets. Ueda also said he would likely attend the G7 and G20 finance leaders’ meeting to be held next week …
BOJ chief Ueda meets PM Ishiba, eyes attending next week’s G20 Read More »
By Francesco Guarascio HANOI (Reuters) – Most U.S. manufacturers surveyed by the American Chamber of Commerce in Vietnam said they would be likely forced to lay off workers if the Trump administration imposed tariffs on the export-reliant Southeast Asian country. The survey was conducted from February 4-11 over the period when U.S. President Donald Trump …
SINGAPORE (Reuters) – Saudi Arabia’s Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a statement late on Wednesday. The company, however, did not disclose financial details of the transaction. Established in 1966, Unioil is a downstream fuels operator with a network of 165 retail …
Saudi Aramco to acquire 25% stake in Unioil Petroleum Philippines Read More »
By Yuka Obayashi TOKYO (Reuters) – Japan Petroleum Exploration (Japex) is prioritising investment in oil and gas exploration and production (E&P) through 2030 – revising an earlier plan to aggressively expand its renewables businesses, its president said. “For now, the investment focus will remain on oil and gas exploration and production… as securing a fair …
In a major shift, Japex to prioritise oil and gas investment through 2030 Read More »
JAKARTA (Reuters) – Indonesia will import 100,000 metric tons of water buffalo meat from Pakistan, the National Food Agency chief was reported as saying by local media outlet Kontan on Thursday. The report said Arief Prasetyo Adi had said the decision to buy from Pakistan was due to lower prices compared to India. Indonesia imported …
By Daina Beth Solomon SANTIAGO (Reuters) – U.S. oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment opportunities, according to a registry of lobbyist meetings and a person familiar with the matter, as fossil fuel companies increasingly look to invest in production of the metal needed for electric vehicle …
Exxon, SLB flag interest in lithium projects in Chile, say document and source Read More »
