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Those seven companies, through the establishment of this standard design framework, aim to collaborate with other domestic shipyards to realize the development and initial design of the ships with global competitiveness.

“K” LINE, MOL, and NYK Line have decided to invest in MILES to accelerate this cross-industry collaboration in Japan, and will work to promote construction at multiple shipyards in Japan by utilizing this standard design framework.

Furthermore, JMU and NSY have also decided to invest in MILES in order to strengthen such collaboration so that the standard specifications and designs provided by MILES can be widely used in the domestic industry, thereby regaining global competitiveness for the Japanese shipbuilding industry.

Through this MoU, the companies will aim to contribute to the further progress of a sustainable carbon neutral society.

By Megan Cheah

  Shares of Jiangxi Copper rose Monday after the Chinese miner's $1 billion bid to take over U.K.-listed SolGold was rejected. 

  Jiangxi's Hong Kong-listed shares rose as much as 12% in early trade before paring gains to 8%. Its stock was last up by a similar amount in Shanghai. 

  That came after SolGold's board said Friday it had unanimously rejected the takeover proposal from Jiangxi--its biggest shareholder, according to FactSet. 

  Jiangxi had submitted two non-binding cash offers to acquire SolGold, which focuses on gold and copper mining and has operations in Latin America. 

  Nanchang-based Jiangxi already has a 12.2% stake in the company. Mining groups BHP Group and Newcrest Mining hold stakes of 10.4% and 10.3% in SolGold, respectively, according to FactSet. 

  Jiangxi said its acquisition bid remains in the non-binding offer stage, and that it will announce whether it intends to buy SolGold by Dec. 26, as required by U.K. regulations. 

  There has been a flurry of dealmaking in mining fueled in part to companies' push to secure supplies of copper, a key component in sectors from data centers to electric vehicles. 

  In September, Anglo American and Teck Resources agreed to a merger that will create one of the world's biggest copper producers in one of the largest-ever deals in the mining industry. 

  Write to Megan Cheah at megan.cheah@wsj.com 

  (END) Dow Jones Newswires

  November 30, 2025 23:37 ET (04:37 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.

Stock Futures Little Changed as Traders Enter December

Expectations are running high for a strong December after a volatile November.

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China Private Gauge Signals Weaker Manufacturing Activity

Growth in China’s manufacturing production came to a halt as new orders nearly stalled last month despite a renewed rise in new orders from abroad.

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South Korea’s Export Growth Picked Up in November

South Korea’s exports rose at a stronger-than-expected pace in November, backed by brisk demand for semiconductors and a trade deal between Seoul and Washington.

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Rate Hikes Wouldn’t Put Brakes on Japan’s Economy, BOJ’s Ueda Says

The Bank of Japan will thoroughly discuss the possibility of an interest-rate increase at its upcoming meeting, Gov. Kazuo Ueda said, stoking hopes for a resumption of monetary tightening this year.

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American Consumers Have Had It With High Car Prices

Shoppers are starting to draw the line on what they will pay for a new car, with some turning to used vehicles, taking on longer car loans and holding out for deals.

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Is America Heading for a Debt Crisis? Look Abroad for Answers

Politics and debt don’t mix well. Americans would be wise to look across the Atlantic to see how tough things can get.

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Since Trump’s Return, Bets on His Brand Have Soured

Stocks and cryptocurrencies tied to the president and his family have tumbled amid a broader rout of riskier assets.

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Why Jewelry Is Outperforming the Rest of the Luxury World

Expensive jewels are the choice of superwealthy households getting even richer from the stock market.

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The Score: Campbell’s, Kohl’s, Alphabet and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week’s news.

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Week Ahead for FX, Bonds: U.S. ISM, ADP Data in Focus as Fed Rate Cut Looks Likely

U.S. ISM surveys on manufacturing and services activity, plus the latest ADP private payrolls, will be watched closely for confirmation that the Federal Reserve could cut interest rates at its next meeting.

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Salesforce, Marvell Technology, Dollar General, Ulta Beauty, and More Stocks to Watch This Week

The first week of the year has a full slate of earnings reports and economic data.

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A Chicago Data Center Overheated-and Shut Down Trade in Key Markets Across the Globe

The outage, which lasted for 10 hours, hit CME’s equity, bond and commodity futures. It also offered a warning.

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Canadian Economy Rebounds by More Than Expected

Canada’s economy recovered far more strongly than anticipated in the latest quarter, pulled out of its decline by a bounce-back in net trade and a surge in defense spending that helped mask weak domestic demand.

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The Fed Is Turning the Corner on Profits. It’s Good for the Treasury.

Higher interest rates have brought a tide of red ink to the bank.

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Japan Plans Extra Bond Issuance That May Fuel Fiscal Fears

Prime Minister Sanae Takaichi’s cabinet on Friday approved a draft supplementary budget for the fiscal year ending March 2026 that is worth 18.303 trillion yen, or about $117.10 billion.

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Silver Shift: How China’s Older Consumers Are Becoming Reliable Spenders

Seniors in China aren’t simply buying the basics. They are demanding high-quality food, health services, and travel.

  (END) Dow Jones Newswires

  November 30, 2025 23:15 ET (04:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.