SINGAPORE (Reuters) – Real estate group GuocoLand has secured two green loans amounting to a total of S$1.24 billion ($907.8 million) from Singaporean lenders DBS and Oversea-Chinese Banking Corp, it said in a statement on Wednesday. The deals comprised a S$1.14 billion green loan, GuocoLand’s largest to date, for the refinancing of its latest mixed …
Developer GuocoLand secures green loans totalling $908 million Read More »
(Reuters) – Tesla plans to suspend part of the lines manufacturing its recently refreshed Model Y sport utility vehicles in Shanghai for around three weeks over Chinese New Year, Bloomberg News reported on Wednesday, citing people familiar with the matter. Tesla did not immediately respond to Reuters’ request for comment. (Reporting by Zaheer Kachwala in …
Tesla to suspend part of new Model Y lines in China for upgrades, Bloomberg News reports Read More »
By David Shepardson and Jasper Ward (Reuters) – TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S. or ban it, the company’s leadership said in an internal memo reviewed by Reuters on Tuesday. The hugely …
TikTok seeks to reassure U.S. employees ahead of Jan. 19 ban deadline Read More »
By Akash Sriram (Reuters) – Funding in the space industry is set to receive a boost this year from growing U.S.-China tensions, after startups in the sector clocked $8.6 billion in investments in 2024, according to a report by investment firm Seraphim Space. China has been increasing its efforts to go toe-to-toe with Western countries …
Space startup funding set for boost from US-China rivalry in 2025, report says Read More »
HANOI (Reuters) – Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the two countries said on Wednesday. Vietnam and Russia also agreed to continue to facilitate oil and gas projects on each others’ continental shelves, according to a joint statement, which came during a visit …
Russia offers to provide LNG, crude oil to Vietnam Read More »
KUALA LUMPUR (Reuters) – Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will retain its national authority over oil and gas even as Petroleum Sarawak Berhad (Petros) takes control of gas distribution in Sarawak state, Prime Minister Anwar Ibrahim said. Anwar said while Petros had authority as a gas aggregator, both it and the Sarawak …
Malaysia PM says Petronas retains national role after Sarawak gas deal Read More »
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia’s largest economy despite financial market volatility that has sharply weakened the rupiah currency. Bank Indonesia (BI) cut the benchmark 7-day reverse repurchase rate by 25 basis points …
Bank Indonesia delivers surprise rate cut to support growth Read More »
TOKYO (Reuters) -Japan saw 3.49 million visitors in December, an all-time high for any month, official data showed on Wednesday, capping off a record year for tourism fuelled by the weak yen. December arrivals of foreign visitors for business and leisure rose from 3.19 million in November, breaking the previous monthly record of 3.31 million …
Japan gets record 3.49 million visitors in December, capping new annual high Read More »
JAKARTA (Reuters) – Indonesia will impose interim child protection guidelines on social media companies while the government carves out a law to set a minimum age for users of the platforms, a senior communications ministry official said on Wednesday. On Monday, communications minister Meutya Hafid said the government planned to issue a regulation to set …
Indonesia to push social media protections ahead of age-limit law Read More »
By Eduardo Baptista, Katie Paul and Krystal Hu (Reuters) – New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a delicate line of moderating English-language content, …
Over half a million ‘TikTok refugees’ flock to China’s RedNote Read More »
