Japan Real Estate Investment (TYO:8952) said that it will procure an 11 billion yen loan from MUFG Bank to repay an existing short-term loan of the same amount due on Aug. 18.
The new unsecured, unguaranteed loan executed in May is based on an overdraft agreement and will be executed on Aug. 18, according to a Tokyo bourse filing on Friday.
The new loan will carry a fixed interest rate of 1.53391%, with repayment due on Nov. 18.
Phoenix Silicon International (TPE:8028) board approved an additional NT$4.82 billion capital expenditure budget for 2026, according to a Thursday Taiwan Exchange filing.The increased spending will cover production equipment, plant facilities and construction projects.The capex is aimed at capacity deployment and will be funded through self-financing and capital-raising methods, the semiconductor wafer processing services provider said.
Yantai Jereh Oilfield Services' (SHE:002353) net profit attributable to shareholders for the first half fell 3.6% to 1.20 billion yuan from 1.24 billion yuan a year earlier, according to a Friday disclosure on the Shenzhen bourse.Earnings per share dropped 3.3% year on year to 1.18 yuan from 1.22 yuan.Operating revenue rose 11% to 7.65 billion yuan from 6.90 billion yuan in the previous year.The oil equipment manufacturing company's shares jumped 5% during the morning trade.
The U.S. government will impose a 100% tariff on imports of drones and their components, according to a fact sheet by the White House released Thursday.The tariffs could particularly hurt China, the world's largest drone maker, Bloomberg reported separately.The 100% rate will apply to drones with a maximum takeoff weight of more than 25 kilograms and with thermal imaging features, Washington said.The administration of President Donald Trump will also levy a 25% tariff on smaller unmanned aircraft that lack national security capabilities.Washington will also impose a 15% duty on drones and components made by the EU, Japan, Liechtenstein, South Korea, Switzerland, and Taiwan, and 10% for UK-made drones as long as their parts come from the U.S., the fact sheet showed.The tariffs will take effect 21 days after signing, while duties for non-critical drone parts will take effect after 180 days, the White House said.