Reuters Asia Business

BEIJING (Reuters) – Chinese tech giant Huawei has garnered more than 3 million pre-orders for its triple-folding smartphone, its website showed on Monday, which comes just hours before Apple’s debut of its new generation of iPhones. Huawei’s Mate XT, a Z-shaped tri-fold phone is scheduled to be unveiled at a launch event on Tuesday, as …

Huawei racks up 3 million pre-orders for tri-fold phone before Apple’s iPhone 16 reveal Read More »

TAIPEI (Reuters) – Taiwan’s exports rose more than expected in August to an all-time monthly high of nearly $44 billion, as growing demand for chips to supply the burgeoning Artificial Intelligence (AI) industry overcame headwinds caused by anaemic demand from China. Exports rose 16.8% on the year to a record $43.64 billion, the finance ministry …

Taiwan exports hit record in August on AI, U.S. reaches record again Read More »

By Daniel Leussink and Maki Shiraki KINOKAWA, Japan (Reuters) -Japanese Tesla supplier Panasonic Energy has finalised preparations for the mass-production of its high-capacity electric-vehicle batteries, the company said on Monday, as it seeks to start supplying the cell to automakers. Panasonic Energy’s renovated plant in the western prefecture of Wakayama will serve as the main …

Tesla-supplier Panasonic Energy prepares for high-capacity EV battery production Read More »

BEIJING (Reuters) -China announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa’s 100% tariffs on Chinese-made electric vehicles and other products come into force. The inquiry will examine imports from Jan. 1 to Dec. 31, 2023, the commerce ministry said in a statement, adding …

China begins anti-dumping probe into Canadian rapeseed ahead of EV tariff Read More »

BEIJING (Reuters) – NetEase Games on Monday released specific dates and time slots during which Chinese children will be permitted to play its video games during the upcoming Mid-Autumn Festival and National Day holidays. Children will not be allowed to access its games on Sept. 14, 29 and Oct. 12, the company said in a …

NetEase releases gaming limits for children for upcoming holidays Read More »

BANGKOK (Reuters) – Thailand will distribute 145 billion baht ($4.2 billion) of its “digital wallet” handout programme earlier than scheduled to support vulnerable groups, a deputy finance minister said on Monday, stressing the need for short-term economic stimulus. In remarks during a budget debate in the Senate, Julapun Amornvivat said the government has prepared 450 …

Thailand to distribute first $4.2 billion of handout scheme starting this month Read More »

TOKYO (Reuters) – Japan is set to back the former top financial diplomat Masato Kanda as a candidate for the next president of the Asian Development Bank (ADB), the Yomiuri newspaper reported on Monday. Masatsugu Asakawa, the current president of the Manila-based ADB since 2020 and also previously the top Japanese financial diplomat, plans to …

Japan to back ex-FX tsar Kanda as Asian Development Bank chief, Yomiuri reports Read More »