TOKYO Japan's top steelmaker Nippon Steel could hasten and extend restructuring measures to contend with the tough business environment created by the Covid-19 pandemic, it said after posting its biggest first-quarter loss since 2012.
TOKYO/SEOUL Nippon Steel Corp said on Tuesday it will appeal a South Korean court ruling that allows for a seizure of its assets, as tensions between Tokyo and Seoul over the case threaten to flare up again.
TOKYO Japanese utilities expect a slow recovery in electric power demand toward March after a 5% drop in the April-June quarter though some are less confident that the worst is over.
TOKYO, Aug 3 Oil prices fell on Monday on concerns about oversupply as OPEC and its allies, together known as OPEC+, are due to pull back from production cuts in August while an increase in COVID-19 cases worldwide raised fears of slower pick-up in fuel demand.
TOKYO Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a bigger-than-expected drawdown from the country's crude stocks.
TOKYO The premium for aluminium shipments to Japan for July to September was set at $79 per tonne, down 3.7% from the prior quarter as the coronavirus pandemic collapsed manufacturing activity, four sources directly involved in the pricing talks said.
* Japan's shipment of rolled aluminium products drops 24% in May (Adds details and quotes)
TOKYO The Japanese government on Thursday said it will tighten state-backed financing criteria for overseas coal-fired power plants after facing criticism over its support for the dirtiest fossil fuel
* Exports in July-Sept to hit the lowest since 2009 (Adds details and comments)
* Other buyers still in talks with producers (Adds details and quotes)
Hong Kong media tycoon Jimmy Lai was arrested on Monday over suspected collusion with foreign forces under the new national security law in a wide-ranging police operation, the highest-profile arrest yet under the legislation.