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15h12 China will start to phase
down coal consumption over the 2026-2030 period as part of its
efforts to reduce climate-warming greenhouse gas emissions,
President Xi Jinping told the Climate Leaders' Summit on
Thursday.. . .
11h30 Japanese Prime Minister
Yoshihide Suga said on Thursday that Japan aims to cut
greenhouse gas emissions by 46 percent by 2030 from levels
recorded in 2013, and that he would announce this at an. . .
11h26 Ping An Insurance
(Group) Co of China Ltd saw a 4.5% rise in
first-quarter net profit as offline sales recovered from a
coronavirus-induced slump, China's largest insurer by market
value reported on Thursday.. . .
11h17 Taiwan has begun to assess how
it can reach zero greenhouse gas emissions by 2050, President
Tsai Ing-wen said on Thursday, after environmental groups
criticised the government for not doing enough to fight climate
change.. . .
11h08 A week after dollar bonds
issued by bad loan giant China Huarong Asset Management Co Ltd
plunged on worries over its creditworthiness,
investors remain wary due to uncertainty over the company's
restructuring plans.. . .
10h38 S&P Global Ratings raised its
long-term foreign and local currency issuer credit ratings on
Taiwan to 'AA' from 'AA-' on Thursday, saying the outlook on
Taiwan was positive on robust economic growth, though warned. . .
10h37 Telkomsel, a unit of
Indonesia's largest telecoms operator Telkom, is eying
a $300 million investment in ride-hailing and payments firm
Gojek, its president director told Reuters on Thursday.
The move follows a previous $150 million. . .
10h36 Japan raised its view on capital
spending for the third time this year in its economic report for
April, while it retained its assessment that overall economic
conditions were showing weakness from the coronavirus. . .
10h23 The Japanese government is going
to propose a new target of cutting greenhouse gases by 46
percent from levels recorded in 2013, the Nikkei reported on
(Reporting by Elaine Lies
Editing by Raissa Kasolowsky). . .
09h58 China's top pig producers are
set to report a plunge in first-quarter profits from the huge
gains of last year, after hog prices fell, and disease, more
expensive feed and poorly performing sows further. . .
09h27 Hyundai Motor Co
posted a first-quarter profit that nearly tripled to its highest
in four years as people bought its luxury cars, but warned it
would have to adjust production again in May because. . .
09h26 Thailand's economy could lose
100 billion baht ($3.19 billion) a month, mainly in the service
sector, a university said on Thursday, as the tourism-reliant
nation deals with a third COVID-19 wave and a highly. . .
09h13 Yields on 10-year Japanese
government bonds (JGBs) fell on Thursday as some investors
remained cautious about the impact of a resurgence of COVID-19,
although risk appetite improved overall and stock markets
rebounded.. . .
08h33 Japanese shares jumped on
Thursday as investors scooped up chip-related and cyclical
shares following a two-day decline across all sectors, with
sentiment aided by an upbeat finish on Wall Street overnight.. . .
07h41 Eight years of stimulus attempts
to spur weak inflation have left the Bank of Japan with one of
the most complex monetary policy frameworks in the world,
heightening communication challenges for Governor Haruhiko
Kuroda, who. . .
07h05 The economies of the six-member
Gulf Cooperation Council are expected to return to growth this
year, a quarterly Reuters survey showed on Thursday, but half
are seen expanding less than previously forecast.. . .
06h18 China's thermal coal futures
prices on the Zhengzhou Commodity Exchange jumped over
5% in early trade on Thursday, after hitting record levels
earlier this week, as low inventories and tight supplies shore
up prices.. . .
04h51 Japanese shares jumped on
Thursday as investors scooped up cyclical and chip-related
shares after they fell sharply in the previous two sessions,
with sentiment aided by an upbeat finish on Wall Street
overnight.. . .
04h11 The value of shares investors
in China's onshore stock markets have borrowed to sell short
reached 151.9 billion yuan ($23.4 billion) on Wednesday, data
from the China Securities Finance Corporation (CSF) showed.. . .
03h07 Malaysia has issued $800
million worth of 10-year trust certificates, billed as the
world's first sovereign U.S. dollar sustainability sukuk as the
proceeds will be used exclusively for green projects, the
finance ministry said on. . .
21/04 China issued guidelines on Wednesday
recommending the reduction of corn and soymeal in pig and poultry feed, a
measure that could reshape the flow of grains into the world's top corn and
soybean buyer.. . .
21/04 China is set to resume
cargo train service with North Korea, people familiar with the
matter said, following a 15-month border closure due to
COVID-19, as trade with the impoverished and isolated country
begins to. . .
21/04 Taiwanese electric scooter
maker Gogoro has partnered with India's Hero MotoCorp
to offer its battery-sharing infrastructure in the world's
largest motorcycle market, top company officials said on
Wednesday.. . .
21/04 Indonesian farmer Albertus
Wawan hopes a new government regulation means the small plot of
land where he grows palm oil trees in a forest reserve on Borneo
may be recognised as a legal plantation. . .
21/04 Mongolia's giant Tavan
Tolgoi coal mine is aiming to raise 2 trillion tugriks ($700
million) through a bond issue as it tries to build
infrastructure needed to replace Australia as one of China's top
coal. . .
21/04 Tencent Holdings Ltd
is the best of China's energy-guzzling cloud services
providers when it comes to tackling carbon emissions and
procuring from renewable sources, Greenpeace said in a research
report.. . .
21/04 Hong Kong shares
ended lower on Wednesday, tracking global markets, on concerns
over a resurgence in COVID-19 cases in some countries that has
cast renewed doubt on the strength of a global economic
** At. . .
21/04 Chinese steel rebar and
hot-rolled coil futures closed higher on Wednesday, picking up
from early trade amid concerns of stricter capacity and output
controls in the coming months as regulators tighten supervision.. . .
21/04 S&P Global Ratings said on
Wednesday that concerns over the creditworthiness of
subsidiaries of Chinese bad-loan giant China Huarong Asset
Management Co Ltd could prompt it to review government
support for state-owned enterprises.. . .
21/04 China shares ended
higher on Wednesday with healthcare and banking stocks leading
the gains, following upbeat quarterly earnings reports.
** The Shanghai Composite index closed flat at 3,472.93,
while the blue-chip CSI300 index was up. . .
21/04 Thailand's joint business
group on Wednesday trimmed its 2021 economic growth forecast for
the second time this year to 1.5-3.0% from 1.5-3.5% after a
third wave of coronavirus infections, despite improved exports.. . .
21/04 Japanese government bond yields
fell on Wednesday, as investor appetite for safe-haven debt was
boosted by a drop in stocks on fears that possible COVID-19
lockdowns in Japan's biggest cities would delay an economic
reopening.. . .
21/04 Royal Dutch Shell
said on Wednesday it was conducting a feasibility study with
partners to trial the use of hydrogen fuel cells for ships in
Singapore, the first such move for the oil major.. . .
21/04 China shares rose on
Wednesday with healthcare and banking stocks leading the gains,
as investors cheered upbeat quarterly earnings results.
** At the midday break, the Shanghai Composite index was
up 0.15% at 3,478.06 points,. . .
21/04 Chinese conglomerate Dalian
Wanda Group aims to raise 20 billion yuan ($3.08 billion) for
its commercial property management business, before listing the
unit in Hong Kong by year-end, two people with direct knowledge
of the. . .
21/04 South Korea's exports during the
first 20 days of April surged 45.4% from a year earlier, customs
agency data showed on Wednesday, underpinning a recovery in
demand and hopes for a swifter economic rebound.. . .
21/04 The Bank of Japan is set to
predict for the first time that inflation will remain well short
of its 2% target beyond Governor Haruhiko Kuroda's term through
early 2023, say sources familiar with. . .
20/04 Air pollution costs Indian
businesses $95 billion every year, or 3% of the country's Gross
Domestic Product, and cuts annual consumer spending by $22
billion, according to a study released on Thursday.. . .
20/04 Indian refiners' crude oil processing
rose in March from the previous month as fuel demand recovered,
although throughput remained marginally lower than a year
earlier, highlighting the pandemic's toll on economic activity.. . .
20/04 China is expected to face
pressure from a rebound of non-performing loans, and banks must
fully evaluate the risk and be prepared in advance, a senior
banking regulator said on the sidelines of the. . .
20/04 Maersk has
launched a rail service between its port in western India and
the northern automobile manufacturing hub of Gurugram as the
shipping group looks to boost revenue from its "non-ocean"
business, its South Asia. . .
20/04 Singapore prosecutors on
Tuesday filed five additional charges against businessman Ng Yu
Zhi in relation to a scheme that allegedly raised at least S$1
billion ($746 million) from investors to fund bogus nickel
trades.. . .
20/04 Asian refining margins for jet fuel dropped on Tuesday as
feedstock crude prices firmed and airlines reduced near-term capacity due to fresh waves of the
COVID-19 pandemic in several markets.. . .
20/04 Thailand's cabinet on Tuesday
approved an additional 3.04 billion baht ($97.4 million) for a
current handout scheme which will cover another 2.4 million
people as the country deals with a third coronavirus wave.. . .
20/04 Most companies
shortlisted for PipeChina's liquefied natural gas import
terminal slots are backing off from a deal as new terms proposed
by the gas pipeline operator threaten to jack up costs, trade
sources said.. . .
20/04 The family of deceased Samsung
patriarch Lee Kun-hee is discussing using shares in affiliated
companies as collateral for personal loans to pay part of more
than $10 billion in inheritance taxes, three financial industry
sources. . .
20/04 Japanese financial institutions
have become more exposed to market risks triggered by non-bank
and overseas funds, the central bank warned on Tuesday, in the
wake of losses caused by the collapse of family office. . .
20/04 Chinese trade data gave a mixed
snapshot of neighbour Myanmar's ability to keep up metal
shipments in March amid unrest after February's coup, with flows
of nickel pig iron (NPI) dwindling to almost nothing. . .
20/04 China shares edged lower on
Tuesday as investors took profits following the previous day's
strong gains, but losses were limited after the country kept its
benchmark lending rate steady, easing worries over policy
tightening.. . .
20/04 Food delivery behemoth
Meituan has raised $10 billion in a stock and
convertible bonds sale, underscoring strong investor faith in
the growth prospects of some Chinese tech firms despite a
regulatory clampdown on the sector.. . .
20/04 With Indian COVID-19
patients struggling to find medical oxygen in the middle of a
second deadly wave of coronavirus infections, shares in
companies that produce the gas — or simply have it in their
names. . .
20/04 Japanese shares fell on Tuesday
by their most in a month, weighed down by worries that possible
reintroduction of COVID-19 lockdowns in the country's biggest
cities would slow the economic recovery.. . .
20/04 Taiwan's Formosa
Petrochemical Corp plans to ramp up operating rates at
its refinery in May to 74% once it restarts a gasoline-making
unit after maintenance and as refining margins have improved,
the company's spokesman said.. . .
20/04 Yields on longer-dated Japanese
government bonds fell on Tuesday, after an auction of 20-year
notes drew reasonably strong demand, easing concerns about
investor appetite for new debt coming to market.. . .
20/04 China shares rose on Tuesday
after the country kept its lending benchmark steady for a
twelfth straight month, helping to ease persistent investor
concerns over the impact of possible policy tightening.. . .
20/04 Japanese shares fell sharply on
Tuesday, weighed down by worries that possible reintroduction of
COVID-19 emergency measures in the country's biggest cities
would slow the economic recovery.. . .
19/04 Saudi Arabia's crude oil exports fell
to their lowest in eight months in February, the Joint
Organisations Data Initiative (JODI) said on Monday, as the
world's biggest oil exporter voluntarily capped output to
support oil. . .
19/04 Chinese food delivery giant
Meituan launched a deal on Monday to raise up to $10
billion in shares and convertible bonds to help fund the
research and development of autonomous vehicle and drone
delivery services.. . .
19/04 China will promote debt
sustainability in developing countries through its Belt and Road
Initiative, Qian Keming, a vice minister of commerce, said on
Monday at the Boao Forum in the country's southern province of
Hainan.. . .
19/04 Asia's cash differentials for 10 ppm gasoil fell for a sixth
straight session on Monday to their biggest discounts in nearly three weeks as elevated exports
from China and the spread of COVID-19. . .
19/04 Abu Dhabi-based technology
company Group 42 (G42) has formed a joint venture with Israel's
state-owned Rafael Advanced Defense Systems to commercialise
artificial intelligence and big data technologies, the companies
said on Monday.. . .
19/04 China's exports to North Korea
in March rose to a six-month high, with outbound shipments to
its neighbour that month nearly 400 times more than
January-February combined, in a sign of easing border
restrictions imposed. . .
19/04 Hong Kong stocks closed higher on
Monday, led by a rebound in healthcare and industrial firms, but
big tech names faltered amid lingering regulatory concerns that
curbed gains in the market.. . .
19/04 Yields on benchmark 10-year
Japanese government bonds fell on Monday on solid demand as U.S.
Treasuries yields were stable during Asian trading hours after
making the biggest one-day dive since November last week.. . .
19/04 Microsoft Corporation
will invest $1 billion over the next five years in
Malaysia as part of a new partnership programme with government
agencies and local companies, the Southeast Asian nation's prime
minister said on Monday.. . .
19/04 Renesas Electronics Corp
, a major supplier of automotive semiconductors, said on
Monday it plans to restore lost production capacity at its fire
damaged plant by end-May after restarting production on
Saturday.. . .
19/04 China has imposed a sweeping
restructuring plan on Jack Ma's Ant Group, the fintech
conglomerate whose record $37 billion IPO was derailed by
regulators in November, that will see the group become a
financial holdings. . .
19/04 Toyota Motor Corp said
on Monday it will introduce 15 battery electric vehicle (BEV)
models globally by 2025, expanding the automaker's electric
vehicle lineup to achieve carbon neutrality before 2050.. . .
19/04 The gains in global commodity
prices are not sustainable over the long term and their impact
on China's domestic prices will be limited and controllable, the
country's top economic planning agency said on Monday.. . .
19/04 Japanese stocks edged higher on
Monday as some investors hoped to benefit from an expected
increase in semiconductor production, but worries about rising
coronavirus infections capped gains.. . .
19/04 Japanese companies see the country on track to suffer a fourth round of coronavirus infections,
with many bracing a further blow to business, a Reuters monthly poll showed.
Below. . .
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