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Boeing deal with Spirit Aero could close as early as Monday, notice says
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Monday, April 21
by
SRN News
S.Korea stock market likely to join developed market index: regulator
SEOUL (Reuters) -The vice chief of South Korea’s financial regulatory agency said on Monday there is a high likelihood of the country’s stock market being included in a key developed market index in the near future. “We see a very high possibility of being ...
Monday, April 21
by
SRN News
South Korea’s LG Energy Solution pulls out from Indonesia EV battery investment
JAKARTA (Reuters) -South Korea’s LG Energy Solution has formally withdrawn from a 142 trillion rupiah ($8.45 billion) project in electric vehicle battery making in Indonesia, the company said on Monday. LGES and the Indonesian government signed a deal on the so-called Indonesia Grand Package project ...
Monday, April 21
by
SRN News
Trump tariff worries spur record overseas demand for JGBs
By Kevin Buckland (Reuters) -The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump’s aggressive tariffs sparked concerns of a U.S. recession. Overseas investors scooped up some 2.18 ...
Monday, April 21
by
SRN News
India hopes to conclude trade pact with US this year, finance minister says
NEW DELHI (Reuters) -India hopes to “positively conclude” the first part of a trade pact with the United States by this autumn, finance minister Nirmala Sitharaman said on Monday as she started on a trip packed with engagements between the two nations. “The long and ...
Monday, April 21
by
SRN News
Malaysia says respects multilateralism, will continue to engage China, EU, U.S
KUALA LUMPUR (Reuters) -Malaysia respects the principle of multilateralism and will continue to engage with trading partners such as China, the European Union and the United States, its trade minister said on Monday. Minister Tengku Zafrul Aziz was responding to remarks by China’s commerce ministry ...
Monday, April 21
by
SRN News
Vance arrives in India for a 4-day visit that includes talks with Modi and personal engagements
NEW DELHI (AP) — U.S. Vice President JD Vance arrived in India on Monday for a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration. Vance will meet Prime Minister ...
Monday, April 21
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SRN News
BOJ chief Ueda to visit Washington for G20, IMF meetings
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda will visit Washington from Tuesday through Sunday to attend the G20 finance leaders’ gathering and the annual spring International Monetary Fund meetings, the central bank said on Monday. The meeting will proceed the BOJ’s two-day rate review ...
Monday, April 21
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SRN News
China’s JD.com calls out anti-competitive pressures on food delivery couriers
SHANGHAI (Reuters) -Chinese e-commerce giant JD.com highlighted anti-competitive pressures on food delivery couriers in a social media post on Monday, alleging that other platforms were coercing couriers to avoid working with JD Takeaway. JD Takeaway began onboarding restaurants in February with promises of “zero commissions ...
Monday, April 21
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SRN News
US beef off the menu as the trade war hits Beijing’s American-style restaurants
By Josh Arslan and Ella Cao BEIJING (Reuters) – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home ...
Monday, April 21
by
SRN News
Vance arrives in India for a 4-day visit that includes personal engagements and talks on trade
NEW DELHI (AP) — U.S. Vice President JD Vance arrived in India on Monday for a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration. Vance will meet Prime Minister ...
Monday, April 21
by
SRN News
Secondhand stores are poised to benefit if US tariffs drive up new clothing costs
NEW YORK (AP) — Stores selling secondhand clothes, shoes and accessories are poised to benefit from President Donald Trump’strade war even as businesses the world over race to avert potential damage, according to industry experts. American styles carry international influence, but nearly all of the ...
Monday, April 21
by
SRN News
Analysis-US multinationals extend currency hedges to counter Trump’s tariff volatility
By Laura Matthews NEW YORK (Reuters) -U.S. multinational companies are extending their currency hedges to longer periods to shield their cash flows from potential exchange rate volatility triggered by the Trump administration’s tariff policies. The change in duration reflects the heightened uncertainty for these multinationals ...
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