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Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

By Heejin Kim and Hyunjoo Jin SEOUL, June 4 (Reuters) - When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show.
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Rep. Haley Stevens Pushes for Michigan Manufacturing Growth Amidst China Competition

Rep. Haley Stevens Pushes for Michigan Manufacturing Growth Amidst China Competition

Representative Haley Stevens is advocating for strengthening Michigan's manufacturing sector to better compete with China. Speaking at The Hill's Investing in America Conference, Stevens emphasized the need for a robust manufacturing strategy, citing the region's strong automotive supply chain. She highlighted the negative impact of recent trade policies on Michigan's investment climate and called for aggressive measures against China's unfair trade practices. Stevens is promoting legislative initiatives like the No Chinese Cars Act to bolster American innovation and secure supply chains, aiming to create good-paying jobs and ensure long-term investment in manufacturing.
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Vitol Executive Warns of Western Inaction Amid Global Oil Supply Crisis

Vitol Executive Warns of Western Inaction Amid Global Oil Supply Crisis

Vitol Executive Warns of Western Inaction Amid Global Oil Supply Crisis
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Evonik Expands Asian Market Presence with New Innovation Centre in Shanghai

Evonik Expands Asian Market Presence with New Innovation Centre in Shanghai

Evonik Expands Asian Market Presence with New Innovation Centre in Shanghai
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Uniper Executive Warns of Potential LNG Price Volatility Amid Supply Disruptions

Uniper Executive Warns of Potential LNG Price Volatility Amid Supply Disruptions

Liquefied natural gas (LNG) prices could experience further volatility and increases due to supply disruptions and high demand, according to John Roper, Uniper's CE for the Middle East. The current disruptions, exacerbated by the Iran war, have significantly impacted Asian countries, excluding China, and are expected to continue affecting the market until at least 2030. The closure of the Strait of Hormuz and damage to facilities have removed much of the anticipated LNG supply growth for 2025-2026. Despite these challenges, new projects slated for 2027 and 2028 are expected to stabilize the market in the medium term.
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Exclusive-Satellite images show suspected structure at disputed South China Sea atoll, but later gone

Exclusive-Satellite images show suspected structure at disputed South China Sea atoll, but later gone

By Karen Lema and Greg Torode MANILA, June 4 (Reuters) - Satellite images obtained by Reuters confirmed the presence of a structure at the entrance of the hotly disputed Scarborough Shoal in the South China Sea last week, though later imagery suggests it is no longer there.
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China Poised to Become World's Leading Tourism Economy by 2026

China Poised to Become World's Leading Tourism Economy by 2026

China is on track to become the world's largest tourism economy, with a record 68 million international visitors in 2025. According to the World Travel & Tourism Council, international visitor spending in China rose by 10.5% to USD 135 billion, with arrivals growing 15.5% year-on-year. The country's tourism sector expanded by 9.9% in 2025, driven by policy reforms such as expanded visa-free access and investments in biometric entry systems and digital payment infrastructure. These developments have positioned China as a leading destination, with projections indicating continued growth in the coming years.
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Indonesia's PT Timah Aims for 30,000 Metric Tons of Refined Tin Output in 2026

Indonesia's PT Timah Aims for 30,000 Metric Tons of Refined Tin Output in 2026

Indonesia's PT Timah Aims for 30,000 Metric Tons of Refined Tin Output in 2026
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Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

By Jaspreet Kalra MUMBAI, June 2 (Reuters) - India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a weak monsoon risk both crimping growth and stoking inflation.
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Cathay Pacific to Launch First Central Asia Route with Flights to Kazakhstan

Cathay Pacific to Launch First Central Asia Route with Flights to Kazakhstan

Cathay Pacific has announced plans to launch its first route to Central Asia, offering nonstop flights between Hong Kong and Almaty, Kazakhstan, starting in early 2027. This new service will operate three times a week using Airbus A330-300 aircraft. The announcement was made during a visit to Kazakhstan by a delegation from the Hong Kong Special Administrative Region, led by Chief Executive John Lee Ka-chiu. The move is part of Cathay's strategy to enhance connectivity with countries involved in China's Belt and Road Initiative, which aims to improve infrastructure and trade links across Asia. The airline's entry into Central Asia comes amid a broader trend of increasing air links between Kazakhstan and Greater China.
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Scottsdale Mint CEO Discusses Silver's Departure from U.S. Amid Bullion Market Restructuring

Scottsdale Mint CEO Discusses Silver's Departure from U.S. Amid Bullion Market Restructuring

Scottsdale Mint CEO Discusses Silver's Departure from U.S. Amid Bullion Market Restructuring
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Indonesia Moves Forward with Centralized Export Control Plan Amid Industry Concerns

Indonesia Moves Forward with Centralized Export Control Plan Amid Industry Concerns

Indonesia is advancing its plan to centralize the export of key commodities, including coal and palm oil, through a new state-owned firm, PT Danantara Sumberdaya Indonesia. This move, set to begin on June 1, aims to streamline export activities but has created uncertainty among natural resource producers. The plan has raised concerns about potential supply disruptions from Indonesia, a leading exporter of these commodities. The lack of detailed implementation guidelines has left many companies unable to assess the policy's impact. The government is in the process of establishing the governance structure for the new firm.