Trade
Tsingshan unit plans Indonesian battery plant as trade frictions mount
THE battery unit of Tsingshan Holding Group, the world’s top nickel producer, plans to build a plant in Indonesia, the latest in a series of Chinese investments that will...
Taka Jewellery sets sights on overseas trade shows for post-pandemic growth revival
WITH international borders fully reopened since the lifting of pandemic restrictions, Taka Jewellery is pinning its hopes on overseas trade shows as a primary growth driver in the post-pandemic...
China’s yuan a standout funder for emerging-market carry trade
THE historic end to super-easy monetary policy in Japan and a surprise rate hike in Taiwan have strengthened the yuan’s appeal as a funding currency for the global emerging-market...
Asia: Trade cautious ahead of key rate decisions
TRADERS in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate. Dampened hopes...
Biotech trade association to split with China’s WuXi AppTec
A WASHINGTON-BASED global trade association representing biotechnology companies is taking steps to “separate” from Chinese member Wuxi AppTec, according to a letter from its new CEO on Wednesday (Feb...
Big Japan trade enjoys revival as BOJ rate-hike bets grow
MARKETS are reckoning with the very real chance that the Bank of Japan (BOJ) will end the world’s last remaining negative-rate regime and increase borrowing costs as soon as...
Japan’s fair trade watchdog says Nissan underpaid subcontractors
JAPAN’S fair trade watchdog said on Thursday (Mar 7) Nissan Motor had violated the subcontractor act by underpaying dozens of suppliers by about 3 billion yen (S$27.09 million) in...
DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures, but the outlook fell short of market consensus amid...
