MHI climbs 5% after first ever warship export deal

MHI climbs 5% after first ever warship export deal

Australia’s Deputy Prime Minister and Minister for Defence Richard Marles (L) and Japan’s Minister of Defense Koizumi Shinjiro (R) pose for a photo with Eisaku Ito, Pesident and CEO of Mitsubishi Heavy Industries, before the signing of the contract for Japan to deliver the first three of Mogami-class warships, in Melbourne on April 18, 2026. … Read more

Export ban placed on £3m sculpture of Sir John Gordon

Export ban placed on £3m sculpture of Sir John Gordon

Cameron Angus-Mackay,BBC Scotland Newsand Andrew Thomson,BBC Scotland News Highland Council The marble bust has a recommended sale price of £3.1m The UK government has placed a temporary export ban on an 18th Century artwork in a bid to prevent it from being sold to an overseas buyer. The marble bust of Highland landowner Sir John … Read more

U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns

U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns

The Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American technology and other exports because of national security concerns. The move, which targeted primarily Chinese firms, cracks down on companies that have been big buyers of American chips from Nvidia, Intel and AMD. It … Read more

US’s Yellen warns China it cannot export its way to rapid growth

US’s Yellen warns China it cannot export its way to rapid growth

US treasury secretary says market-based reforms will aid world’s second largest economy. United States Treasury Secretary Janet Yellen has warned that China is too large to try to export its way to rapid growth and would benefit by reducing excess industrial capacity that is pressuring other economies. Yellen said on Friday during a visit to … Read more

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