TOKYO: Japan's third-biggest steelmaker, Kobe Steel Ltd, aims to cut its CO2 emissions from its production process by 30per cent-40per cent by 2030 from 2013 levels in concert with a global push toward decarbonisation, it said on Tuesday. The 2030 target does not include its power generation ...
SHANGHAI: Shanghai and Korean exchanges have agreed to launch a cross-border scheme for exchange-traded funds (ETFs), and aim for closer cooperations in index development and bond markets, the Shanghai Stock Exchange (SSE) said on Tuesday. SSE general manager Cai Jianchun and Korea Exchange ...
CAIRO: The Suez Canal Authority (SCA) plans to expand and deepen the southern stretch of the waterway where a container ship became jammed and blocked traffic for six days in March, chairman Osama Rabie said in a televised address on Tuesday (May 11). Rabie presented the plan at an...
China's regulators on Tuesday held a meeting on the reform and trial work of property tax, which is widely seen as a powerful tool to curb rampant speculation in the housing market.
REUTERS: SoftBank Group Corp-backed Better said on Tuesday it will go public through a merger with a blank-check company sponsored by investment firm Novator Capital, valuing the mortgage startup at US$6.9 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)
China's central bank on Tuesday said it would keep prudent monetary policy flexible, targeted and appropriate.
Nissan Motor Co reported on Tuesday a record annual loss as the coronavirus pandemic hit vehicle sales and a global shortage of semiconductors forced the carmaker to cut production.
BERLIN: A German regulator on Tuesday (May 11) slapped a three-month ban on Facebook collecting user data from WhatsApp accounts and referred the case to an EU watchdog, citing concerns about election integrity. The Hamburg Commissioner for Data Protection and Freedom of Information, which has ...
Shares of Chinese online giant Meituan plummeted for a second straight day Tuesday amid a run of bad headlines that included the CEO posting an ancient poem viewed as a veiled criticism of China's government.
LONDON: Beauty and lifestyle e-commerce company THG Plc has raised more than US$1 billion in new equity, including US$730 million from Japan's SoftBank Group. The deal gives SoftBank a stake of just under 10per cent in the Manchester-based company formerly known as The Hut Group, and an option ......
