WASHINGTON (Reuters) – The United States has seen no willingness by North Korea to accept a U.S. offer to hold talks on its nuclear weapons program but the offer still stands, White House national security spokesperson John Kirby told reporters on Tuesday. “To date they have not shown any willingness,” Kirby said. (Reporting by Chris …
White House: Seen no willingness by North Korea to discuss nukes Read More »
By Eric Onstad LONDON (Reuters) – London-based commodities broker Sucden Financial has received approval to trade on three Chinese financial exchanges, making arbitrage activity easier, it said on Tuesday. China has been gradually opening up its financial exchanges to access by foreigners. Last September two key commodity exchanges announced a wider range of products available …
Commodity broker Sucden gets okay to trade on three Chinese exchanges Read More »
(Reuters) – The ousted ruling party of Myanmar’s former leader Aung San Suu Kyi was among 40 political parties dissolved on Tuesday, after they failed to meet a registration deadline for an election set to perpetuate the military’s political dominance. The National League for Democracy (NLD) is among dozens of parties that held parliamentary seats …
Myanmar junta dissolves ex-ruling party as election deadline passes Read More »
By Marine Strauss BRUSSELS (Reuters) – Four suspects were arrested in a customs fraud ring involving Chinese exporters at Liege Airport, in eastern Belgium, the European Public Prosecutor’s Office (EPPO) said on Tuesday. The investigation, code-named “Silk Road,” carried out 10 searches targeting Chinese exporters suspected of having put in place a system to evade …
Chinese customs fraud ring dismantled at Belgian airport Read More »
By Ananda Teresia and Stanley Widianto JAKARTA (Reuters) – Indonesia’s president said on Tuesday that Israel’s participation in the Under-20 World Cup to be hosted by his country meant no change to its foreign policy, stressing amid domestic protests that sport and politics should not be mixed. Joko Widodo confirmed he had sent Erick Thohir, …
HONG KONG (Reuters) – Embattled property developer Sunac China said on Tuesday it has reached agreement with a group of offshore creditors to restructure $9 billion of its debt. Sunac, one of the biggest property developers in China, is among the many that defaulted last year as the sector reeled under a debt crisis. China …
Developer Sunac China reaches restructuring deal with offshore creditor group Read More »
SHANGHAI/BEIJING (Reuters) -Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products.   Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602 million yuan a year earlier.   For the whole of 2022, …
By Nicoco Chan NANJING, China (Reuters) – People on both sides of the Taiwan Strait are ethnically Chinese and share the same ancestor, former Taiwan President Ma Ying-jeou said on Tuesday at the start of a historic visit to China that Taiwan’s ruling party has criticised. Ma, in office from 2008-2016, is the first former …
‘We are all Chinese’, former Taiwan president says while visiting China Read More »
BENGALURU (Reuters) – Indian automaker SML Isuzu Ltd said on Tuesday it will raise prices of its trucks and buses from April 1 to offset higher input costs due to inflation and new safety and emission norms. The company said it will increase prices for its truck models by up to 4% and by up …
India’s SML Isuzu to hike prices to offset higher input costs Read More »
BENGALURU (Reuters) – India’s Jindal Stainless Ltd on Tuesday said it would acquire a 49% stake in Indonesia-based New Yaking Pte. Ltd for $157 million as it seeks to secure a supply of nickel, a key ingredient in the production of stainless steel. The deal includes the construction and operation of a nickel pig iron …
India’s Jindal Stainless strikes $157 million deal to secure nickel supply Read More »
