overseas investments – Charm

Japan runs record current account surplus in 2024 on foreign investment returns

Cs news4 months ago03 mins

By Makiko Yamazaki TOKYO (Reuters) – Japan’s current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit. The surplus in the current account stood at 29.3 trillion yen ($192.67 billion) in…

China pumped in over $100 billion overseas in cleantech since 2023, research group says

Cs news8 months ago03 mins

SINGAPORE (Reuters) – Chinese firms’ overseas investments in clean energy technology projects have exceeded $100 billion since the start of 2023 as they aim to avoid tariffs in the U.S. and elsewhere, Australian research group Climate Energy Finance (CEF) said on Wednesday. China is the world’s biggest producer and exporter of products such as solar…