Lotus Eyes U.S. Production for New Plug-in Hybrid SUV after Tariff Shock Geely-backed Lotus is weighing U.S. assembly for its new plug-in hybrid SUV as tariffs and soft demand cut …
Sato Asahi
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Business
China teapot refiners squeezed as US temporary Iran oil waiver narrows discounts
by Sato Asahiby Sato AsahiIranian oil sanctions waiver tightens discounts, strains China’s teapot refiners Temporary Iranian oil sanctions waiver narrows discounts, squeezing China’s teapot refiners and forcing some buyers to seek alternative crude sources. …
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Business
Japan naphtha imports eased in May as US and Europe diversify supply
by Sato Asahiby Sato AsahiJapan naphtha imports decline eased in May as buyers diversify toward U.S. and Europe Japan naphtha imports saw a year-on-year decline ease in May, government trade data showed, as buyers …
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Business
Bangladesh PM Rahman meets Xi, agrees greater China cooperation on trade and infrastructure
by Sato Asahiby Sato AsahiBangladesh-China cooperation deepened as Tarique Rahman secures Beijing commitments Bangladesh-China cooperation took centre stage in Beijing as Bangladeshi Prime Minister Tarique Rahman concluded talks with Chinese leaders, seeking trade growth, …
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Business
Ascott Announces Nationwide Japan Expansion to Capture Intra-Asian Tourism Demand
by Sato Asahiby Sato AsahiAscott expansion in Japan targets intra-Asian tourists as airfares rise Ascott expansion in Japan targets intra-Asian tourists as airfares climb; the serviced-residence operator plans nationwide growth this year, CEO Kevin …
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Business
Merdeka Gold Resources opens flat in Hong Kong IPO seeks overseas capital
by Sato Asahiby Sato AsahiMerdeka Gold Resources IPO Debuts in Hong Kong as Shares Open Flat Amid Weakening Gold Prices Merdeka Gold Resources IPO drew international demand for 89.67 million Hong Kong depositary receipts …
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Business
Autonomous driving startups flock to Tokyo waterfront logistics facility
by Sato Asahiby Sato AsahiTokyo logistics facility becomes autonomous driving testing hub for startups Tokyo waterfront logistics complex repurposed as an autonomous driving testing hub, hosting Turing, newmo and about 10 mobility startups for …
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Business
Indian small- and mid-cap stocks attract investor flows despite large-cap slump
by Sato Asahiby Sato AsahiIndia Small- and Mid-Cap Stocks Draw Surge of Retail and Fund Investors Retail and active investors are channeling capital into India small- and mid-cap stocks as funds chase niche technologies …
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Business
Evergrande unit shares plunge after majority stake sale talks scrapped
by Sato Asahiby Sato AsahiEvergrande Unit Shares Plunge After Majority-Stake Sale Talks Collapse Evergrande unit shares plunged after talks to sell a majority stake were scrapped, dealing a blow to liquidators seeking funds and …
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Business
Circle and Nomura plan instant stablecoin settlements for Japanese companies in 2027
by Sato Asahiby Sato AsahiCircle and Nomura to use stablecoin for instant foreign-exchange settlement for Japanese firms by 2027 Circle and Nomura plan a stablecoin-based FX service to enable near-instant cross-border settlement for Japanese …