While U.S. recycled steel shipments to Turkey fell by 23 percent in the first quarter, that nation’s mills more than doubled their purchases of Russian ferrous scrap.
Japanese retailers step up business activities in Vietnam
Japanese retailers Aeon and Sumitomo have planned to expand their networks in Vietnam, Nikkei Asia reported on May 5.
Netflix raises prices after Philippines’ digital VAT law
MANILA, Philippines — Netflix Philippines has informed users of a price increase across all subscription plans starting June 1.
Japan’s SMBC inches closer to acquiring 51% stake in India’s Yes Bank, sources say
Talks between Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) and Yes Bank are apace as the Japanese firm eyes a majority 51% stake in the Indian lender, three sources familiar with the deal said on …
Japan’s SMBC in talks with SBI for Yes Bank stake acquisition
Japan’s financial conglomerate Sumitomo Mitsui Banking Corporation (SMBC) is back in the fray to acquire controlling stake in Yes Bank. Highly placed sources aware of the deal talks say the State Bank …
Lid blown off Pakistan’s terror networks! Intel dossier on Jaish-e-Mohammed, Lashkar-e-Taiba shows leadership, funding, fronts
As per the dossier, 26/11 Mumbai attacks mastermind Hafiz Saeed is currently the Emir (Supreme Leader) of Lashkar-e-Taiba. Saeed has gradually begun transferring the responsibilities of the terror …
PM to launch PNG-Indonesia Business Council, says Maru
Preparations are underway for the launch of the Papua New Guinea (PNG) – Indonesia Business Council Incorporation, according to Minister for International Trade and Investment, Richard Maru.
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s top maker of electric vehicle (EV) batteries, is seeking a loan of about US$1 billion to fund an investment in Indonesia, …
Indonesia’s first quarter GDP growth slowest in over 3 years
Indonesia’s economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the year stemming …
China’s services growth hits 7-month low as tariffs bite, Caixin PMI shows
China’s services activity expanded at the slowest pace in seven months in April, with new orders growth slackening from March, weighed by uncertainty caused by U.S. tariffs, a private sector survey …