Japan's exports grew in July on semiconductors and weak yen
TOKYO -- Japan's exports grew in value terms for the eighth month in a row in July, driven mainly by semiconductors and automobiles, official data showed on Wednesday.
Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
TOKYO -- Japan's exports grew in value terms for the eighth month in a row in July, driven mainly by semiconductors and automobiles, official data showed on Wednesday.
BANGKOK -- Thailand's central bank kept the benchmark one-day repurchase rate unchanged at 2.5% at its monetary policy meeting on Wednesday, aiming to balance economic growth and risks as well as evaluating possible political risks that could affect the country's economy.
BEIJING -- The Chinese central bank on Tuesday kept two benchmark lending rates unchanged for this month, after financing extended by Chinese banks hit their lowest level in roughly a decade and a half.
HOUSTON -- Mitsubishi Heavy Industries and Chevron are preparing to make hydrogen in the U.S. using renewable energy, with commercial power generation using the fuel scheduled to start in mid-2025.
TOKYO -- Japanese trading house Toyota Tsusho will develop and supply biofuels and green hydrogen with Indonesian state-run oil company Pertamina, part of efforts led by Tokyo to support decarbonization in Southeast Asia.
TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Tuesday broke ground on its first fabrication facility in Europe to provide a steady supply of automotive chips for one of the region's core industries.
SEOUL -- The South Korean branch of Mercedes-Benz is grappling with the fallout of a major fire that started in one of its vehicles as it faces escalating calls for restitution.
TOKYO -- Mitsubishi UFJ Financial Group has sold 24 million shares of American regional bank U.S. Bancorp (USB) on the market, the Japanese company said Tuesday, for an amount expected to reach $1 billion based on the current stock price.