French bond markets calm despite country hitting political gridlock
Government bond markets in France saw some selling early on Monday, but were fairly muted overall despite political gridlock after a second round of legislative elections.
Trade asian news
Shares of Stellar Blade maker Shift Up surge almost 50% on trading debut
Shares of South Korean video game developer Shift Up spiked almost 50% as the company debuted on the Kospi on Thursday.
Japan's Mitsui pivots back to Middle East with LNG project in UAE
TOKYO -- Mitsui & Co. will take a 10% interest in a $5.5 billion liquefied natural gas project in the United Arab Emirates, the Japanese trading house said Thursday, gravitating back toward the region where it got its start in the field.
Taiwan foreign minister steps up economic diplomacy under China pressure
TAIPEI -- Taiwan's new foreign minister is making a fresh push on economic diplomacy, with plans to set up industrial zones overseas and support small businesses' expansion abroad, according to several government officials and foreign diplomats in Taipei.
Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China
Asian stocks were mostly higher on Monday after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies.
Indonesia to levy 100-200% duties on clothing, ceramics, minister says
JAKARTA (Reuters) -- Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, the trade minister said.
How Singapore’s clean energy drive can support commitment to a greener Asean Power Grid
Singapore’s leadership in this space is driven by domestic needs: currently, most of its power comes from natural gas, and the government has set a long-term target of reducing that to a little over 50 per cent by substituting clean electricity. Some of this alternative energy will come from domestic sources such as rooftop solar and potentially geothermal, nuclear, or hydrogen. However, given land constraints, electricity imports will be a necessary factor in Singapore’s future energy mix.
India banks on US$9 billion mega port to reboot its Europe trade corridor plans
The deepwater facility being built in Vadhavan, western India’s Maharashtra state, for 762 billion rupees “will be an integral part of the India-Middle East-Europe Economic Corridor”, Information and Broadcasting Minister Ashwini Vaishnaw told reporters on June 19.