Japan approves extra $3.9b in aid to chip startup Rapidus
Japan's industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture…
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Japan
LNG supplies pivoting back towards Asia following price decline
The dynamics of LNG supplies are pivoting back towards Asia following a decline in prices, triggering increased…
Vietnam seeks to learn from China with high-speed rail plan
Vietnam is looking to China for guidance in developing its first high-speed railway network, with plans for a 1,545…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
EU, Japan set to develop chips, EV materials
Japan and the European Union (EU) are set to collaborate on the development of advanced materials, such as chips…
Renault to sell 2.5% stake of Nissan capital
Renault Group has announced a second transaction to sell 2.5 per cent of Nissan's capital, potentially generating…
Yen drops to 34-yr low against US dollar
Japan issued its strongest warning yet on potential currency intervention as the yen hit a 34-year low, trading…
Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
Most Japanese firms expect 0.25% rate hike in ’24
A Reuters survey revealed on Thursday that most Japanese firms anticipate a rise in interest rates by the central…
