Vietnam aims to raise annual raw rare earths output to 2 million t/yr by 2030
By Khanh Vu HANOI (Reuters) – Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed…
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Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
JAKARTA (Reuters) – Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs),…
Driven by AI boom, TSMC to invest $2.9 billion in advanced chip plant in Taiwan
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Driven by a surge in demand for artificial intelligence, Taiwanese chip maker…
Philippine central bank ready to resume policy tightening if needed
MANILA (Reuters) – The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge,…
Russia talks of retaliation after ‘Ukrainian drone strike’ near Moscow army HQ
By Andrew Osborn MOSCOW (Reuters) -Russia spoke of taking harsh retaliatory measures against Ukraine after two drones damaged buildings in…
US resumes sharing radar information with Honduras, official says
By Gustavo Palencia TEGUCIGALPA (Reuters) – The United States has resumed providing Honduras with radar information used for the surveillance…
Cadence lifts full-year forecast, shares dip on short-term outlook
By Stephen Nellis and Tanya Jain (Reuters) -Cadence Design Systems Inc on Monday raised its full-year revenue forecast to slightly…
Canada releases framework to phase out inefficient fossil fuel subsidies
By Nia Williams (Reuters) -Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first…
Former US prison employee to admit to accepting payments from Rajaratnam -source
By Nate Raymond BOSTON (Reuters) – A former employee of a federal prison in Massachusetts has agreed to plead guilty…
South Korea’s Q2 GDP speeds up but weakness clouds outlook
By Jihoon Lee SEOUL (Reuters) -South Korea’s economy sped up faster than expected in the second quarter, flattered by headline…