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File photo: The Japanese national flag flies in front of the container pier in the Tokyo port.Toshifumi Kitamura | Afp | Getty ImagesChina on Monday blacklisted four Japanese government defense research institutes and imposed tighter export restrictions on dozens of other Japanese entities, escalating a months-long campaign to limit Tokyo’s access to Chinese-origin dual-use goods.The Ministry of Commerce added 20 entities, including the National Institute for Defense Studies and research centers for ground, naval, and air systems, to the export control list. Several units under Mitsubishi Electric and Mitsubishi Heavy Industries were also targeted. Domestic exporters, as well as overseas…
Why is Mitsubishi Heavy Industries stock rallying today? Source link
Andy Burnham will give a major policy speech later, his first since launching a bid to become prime minister, in which he will announce plans for a “No 10 North”.Speaking in Manchester, Burnham is expected to say the body will be tasked with driving growth “across every nation and region of the UK” as he vows to put devolution at the heart of his programme for government.He will set out a commitment for a “10-year mission” to raise living standards, as well as proposals on youth employment, in order to “lift Britain back up to where it should be”.In the…
INDIA – 2025/05/13: In this photo illustration, a Meta logo is seen displayed on a smartphone with a Google logo in the background. Sopa Images | Lightrocket | Getty ImagesGoogle has put limits on Meta’s use of its Gemini AI models after the social media company sought more computing capacity than the rival tech group could provide, the Financial Times reported on Sunday.Google, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the newspaper said, adding that the shortfall disrupted and delayed some of Meta’s internal AI projects.Several other…
Chinese brokerages push for LME membership to expand global metals role Source link
Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018.Smith Collection/gado | Archive Photos | Getty ImagesShares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars.Samsung Electronics’ stock was down 4.7%, while SK Hynix was 3.1% lower.Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported.The investment plans will be announced during a government briefing at…
Samsung, SK Hynix to unveil $1.3 trln investment plan in S.Korea, report says Source link
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region’s oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. On Sunday, U.S. Vice President JD Vance arrived in Switzerland for high-level talks with the Iranian delegation, as the two sides seek to clarify the terms of ending the war.Elke Scholiers | Getty Images News | Getty ImagesOil edged higher on Monday after renewed military strikes between the U.S. and Iran…
China’s Momenta seeks up to $751 million in Hong Kong IPO to boost autonomous driving R&D Source link
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty ImagesGlobal pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for International Settlements.The central bank umbrella group’s Annual Economic Report published on Sunday warned of a complex mix of vulnerabilities, including strained fiscal positions, lingering supply shocks and the risk of a renewed bout of stubbornly high inflation.While economic activity has remained resilient in…