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US broadly authorizes transactions with Venezuela’s oil company PDVSA

The US issued a general license on Wednesday broadly authorizing US companies to do business with Venezuela’s state-run oil company PDVSA, a key step that could secure investment and, in the longer term, increase the country’s crude production capacity. Internal Pages – Super (728×90) – Position 14 Washington has been easing sanctions on Venezuela since […]

1 min read

Japan, Singapore agree to cooperate on AI, chips at summit

Singapore Prime Minister Lawrence Wong, left, and Japanese Prime Minister Sanae Takaichi shake hands at a summit in Tokyo on March 18. (Photo by Suzu Takahashi) TOKYO — Japanese Prime Minister Sanae Takaichi and Singapore Prime Minister Lawrence Wong agreed Wednesday to upgrade the countries’ relationship to a strategic partnership, agreeing to broader cooperation in areas […]

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COSCO ports unit flags Abu Dhabi war impact, vows to extend global reach

Transportation Chairman mum on CK Hutchison saga in Panama, says geopolitical crisis holds ‘opportunities’ The new megaport built by China’s state-owned COSCO Shipping in Chancay, Peru, in October 2024. The company says it will continue to look for expansion opportunities in emerging markets. © Reuters TOKYO — COSCO Shipping Ports, China’s major state-owned port operator, […]

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Geely Auto plots major export drive in 2026 as profit growth slows

Automobiles Chinese carmaker battles domestic price pressure and global trade tensions Visitors inspect a Geely Galaxy E8 electric vehicle at the 2024 Beijing International Automotive Exhibition. Strong demand of the Galaxy series helped drive Geely’s record revenue in 2025.  © Reuters Nikkei staff writers March 18, 2026 16:57 JST Updated on March 18, 2026 21:08 JST HONG KONG — […]

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Malaysia says US trade pact ‘void’ in wake of court tariff ruling

Trump tariffs Analysts warn stance risks triggering retaliation from Trump administration U.S. President Donald Trump, left, and Malaysian Prime Minister Anwar Ibrahim meet on the sidelines of the ASEAN Summit in Kuala Lumpur in October.  © Reuters KUALA LUMPUR — After two days of confusing statements, Malaysia confirmed on Wednesday that its agreement on reciprocal trade […]