Indonesia wants fair and square trade in US tariff discussions
Indonesia's senior economic minister, and its top negotiator, said that it is prioritizing its national interests in ongoing negotiations about U.S. Tariffs. It wants to have a "fair-and-square" trade relationship. Airlangga hartarto, head of the delegation…
European shares increase as Trump lowers China tariffs
After U.S. president Donald Trump exempted smartphones and computers from China's steep tariffs, a rally in technology shares helped lift European stocks on Monday. This provided markets with a breather after weeks of sharp fluctuations. STOXX 600, the pan-European index…
Stocks of tech and bank companies plummet as China's retaliation fuels fears of a wider trade war
U.S. tech giants, banks, and oil majors all fell on Friday, after China responded to Trump's new tariffs by imposing steep duties. This heightened fears of an economic recession around the world. China has imposed additional duties of 34 percent on U.S. products, which will take effect on April 10.
US tech and retail stocks lead the rout following Trump's tariff blow
Apple, Walmart and Nike are among the U.S. megacap tech companies that led to a global meltdown after President Donald Trump announced new tariffs. The fears about a cost spike across many industries were heightened by these new tariffs. The tariffs threaten to disrupt the global trade order and upset businesses.
US Businesses brace themselves for more pain when Trump imposes reciprocal tariffs
The U.S. president Donald Trump announced on Wednesday a number of reciprocal duties on trading partners, the latest of a long list of duties that have been imposed by him since he returned to the White House in early this year. From April 5, the U.S. is…
European investors warn that the clock is ticking on AI adoption
European companies who are investing heavily in generative artificial intelligence must start showing results by the end of next year or investors will lose patience. AI-exposed shares have been downdrafted with the broader equity market in recent weeks, as fears of recession rise.
Osaka Gas predicts that domestic thermal power will reach 3.2 GW in 2026
Osaka Gas is Japan's second largest city gas supplier. It said that its thermal power generation capacity in Japan will reach 3.2 gigawatts (3.2 gigawatts) by 2026, with the planned start-up of two 600 megawatt gas-fired units in Himeji. The current thermal capacity of the company is 2 GW.
Corning and US solar manufacturers join forces to produce American-made panels
The companies announced on Thursday that Corning, a technology company, has signed a deal to produce the first solar panel made entirely of American components. The alliance between Georgia's Suniva and Corning, a panel manufacturer, is an important milestone in efforts to create a U.S.
FTSE 100 closes February at record high, boosted by earnings
The UK's benchmark FTSE 100 index closed at its highest level ever on Friday. This was boosted by corporate earnings, including those of British Airways parent IAG. Morgan Advanced Materials, which had a bleak forecast, suffered a decline. The exporter-heavy FTSE 100 gained 0.6%. A weaker pound also helped.
Taiwan sends officials to the US to discuss possible Trump Tariffs
Kuo Jyh Huei, the Economy Minister, said that Taiwan sent officials to Washington, D.C., to discuss potential U.S. Tariffs by President Donald Trump. The government has also made preparations in case they are imposed. The possibility exists that Trump,…
Vietnam's surplus trade with the US will reach a record high by 2024
Data released by the U.S. on Wednesday revealed that Vietnam's surplus in trade with the U.S. reached a record-high last year. This could complicate Hanoi's attempts to avoid trade tariffs imposed by the Trump administration. Analysts say Hanoi could be…
VARD Electro, Yaskawa Environmental Energy / The Switch Ink Deal
Vard Electro signed a multi-million-euro agreement with Yaskawa Environmental Energy / The Switch to supply full DC distribution systems along with its protection devices. With the deal, Vard Electro will be able to serve its clients with design and engineering…
Chugoku Elec restarts Shimane nuclear reactor for the first time in thirteen years
The company Chugoku Electric Power said that on Saturday, Japan's Chugoku Electric Power restarted Shimane Nuclear Power Station in western Japan. It had been shut down since 2011, shortly after the Fukushima nuclear meltdown. The 820 plant's megawatt No. The restart of the No.
Australia shares are up; banks offset mining and energy stock losses
Investors took their cues from Wall Street's performance and boosted Australian shares for the fourth consecutive day. Gains in banks offset losses in energy and mining stocks. By 2338 GMT, the S&P/ASX 200 Index had risen 0.4% to 8,289.1 point. The benchmark closed Monday 0.1% higher.
APPEC-Taiwan CPC expects LNG imports to rise with nuclear phase-out
An official from state energy company CPC Corp stated that Taiwan's annual imports will increase as more gas-fired electricity plants are brought online in the face of the planned phase out of nuclear power by 2020. Vice president Jane Liao said that Taiwan's…
S&P 500 reaches record highs on Netflix results and AI investment plans
Wall Street's major indexes rose Wednesday. The benchmark S&P 500 hit a record high as investors cheered the quarterly report from streaming video provider Netflix and technology shares rallied following the announcement of an artificial intelligence infrastructure plan for the private sector.
S&P 500 reaches record high thanks to Netflix results and AI investment plan
Wall Street indexes rose Wednesday. The benchmark S&P 500 hit a record during the session as investors cheered the quarterly report from streaming video provider Netflix and technology shares rallied after President Donald Trump's announcement of a private sector artificial intelligence infrastructure plan.
Biden administration finalizes the solar lands plan and touts progress
The administration of U.S. president Joe Biden announced on Thursday that it had finalized plans to expand solar power on federal lands across 11 western states. This is part of an overall push to accelerate the permitting and construction process for large infrastructure projects.
Malaysia wants to diversify its energy and supply chain, says PM
Malaysia's premier announced on Thursday that the country wants to optimize its location this year and become a conduit of diversification in energy and supply chains. It also hopes to become a leading player in the semiconductor industry and Islamic Finance.
French and Benelux stocks - Factors to watch in November
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Delen family and Belgian holding company extended their historic shareholder agreements by 25 years. French cybersecurity company CD&R…
