Japan group led by Royal Holdings starts U.S. sushi business
TOKYO -- One of Japan's biggest restaurant groups is the latest company to wade into the U.S. market for sushi.
Trade asian news
Chinese EV maker Zeekr soars 34% on NYSE debut
NEW YORK -- Shares in EV maker Zeekr Intelligent Technology jumped over 34% on Friday in the biggest Chinese stock debut on a U.S. exchange in nearly three years.
Sam Altman takes nuclear energy company Oklo public to help further his AI ambitions
Sam Altman is now chairman of a public company. But it's not OpenAI.
Japan companies kept $68bn of overseas profits abroad
TOKYO -- Japanese corporations reinvested 10.57 trillion yen ($67.8 billion) of overseas profits abroad last fiscal year, more than triple the amount a decade earlier, new government data shows.
Thailand considers new anti-dumping measures against Chinese steel
BANGKOK -- An investigation by Thailand's Ministry of Commerce could broaden anti-dumping measures against hot-rolled coil steel from China, whose surging exports have Southeast Asia on the defensive while its steel mills reel from overcapacity and low utilization.
Chinese EV maker Zeekr soars on NYSE debut
NEW YORK -- China's electric vehicle maker Zeekr Intelligent Technology became the first major U.S. initial public offering for a Chinese company since 2021 on Friday as shares begun trading on the New York Stock Exchange.
China central bank vows to support economic recovery
BEIJING (Reuters) -- China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces many challenges.
U.S. to Announce New Tariffs on Chinese Electric Vehicles
The Biden administration is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter, as President Biden looks for ways to protect America’s nascent clean energy sector from a surge of cheap Chinese imports.