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Production Halt and Supply Disruption
Suzuki Motor Corp $7269.T recently encountered significant operational challenges after suspending production of its popular Swift model. The interruption, which began on May 26 and extended until June 12, was a direct consequence of a critical shortage in spare parts. According to company announcements, partial production will resume on June 13 with the full cycle expected to restart from June 16. Reports from local media indicate that China’s restrictions on the export of rare earth elements, essential for both internal combustion engines and electric vehicle components, have caused widespread disruptions in the supply chain.
Oil Prices Set for Weekly Gains After US-China Trade Talks Resume — Brent at $65.15, WTI at $63.17
Oil prices experienced a modest decline on Friday but were poised for their first weekly gain in three weeks following the resumption of trade negotiations between U.S. President Donald Trump and Chinese President Xi Jinping. This development rekindled hopes for increased demand growth from the world’s two largest economies, underpinning positive sentiment in global energy markets.
Danantara Indonesia considers minority stake in potential GOTO-Grab merger
Indonesia’s newly established sovereign wealth fund, Danantara Indonesia, is reportedly engaged in early-stage talks with GoTo Group $GOTO.TA regarding a possible acquisition of Grab Holdings Ltd. $GRAB. While neither party has officially confirmed merger negotiations, the prospective deal could significantly alter the competitive dynamics in Southeast Asia’s digital economy.
Volkswagen’s move to Egypt could be the catalyst for unleashing Africa’s booming potential in the auto industry.
Strategic sales like this highlight the accelerating convergence of innovation and capital in the tech sector