GYEONGJU, South Korea (Reuters) -China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their leaders held summit talks in a bid to improve bilateral ties. The won-yuan swap line of a maximum 70 trillion won ($49.24 billion) for 400 billion yuan will be in place for five …
China, South Korea sign FX swap and other economic agreements, Seoul says Read More »
By Gleb Bryanski and Olga Popova MOSCOW (Reuters) -Russia’s non-genetically modified soybean exports to China are safe, a Russian government source told Reuters on Saturday, despite a deal between China and the United States concluded by U.S. President Donald Trump and Chinese President Xi Jinping. Russia ranked a distant fifth among the largest soybean exporters …
Russia’s non-GMO soybeans exports to China safe despite Trump-Xi trade deal, source says Read More »
By Ju-min Park GYEONGJU, South Korea (Reuters) -Japanese Prime Minister Sanae Takaichi said on Saturday that she had no plans to renegotiate a $550 billion investment package deal reached with the United States. “I believe that even if the prime minister changes, promises made between governments should not be altered,” Takaichi told reporters at the …
Japan’s PM says no plan to renegotiate $550 billion investment package with US Read More »
BEIJING (Reuters) -Chinese automaker BYD said on Saturday its October sales dropped 12% from the same month a year earlier to 441,706 vehicles. The update on global deliveries came in a post on Weibo by a BYD executive in charge of marketing and public relations. The company sold 502,675 vehicles in October 2024. BYD reported …
BYD’s October vehicle sales down 12% from year earlier Read More »
BRUSSELS (Reuters) -The European Union and China will continue to engage on export control policies, the European Commission’s trade chief said on Saturday, a day after EU and Chinese officials met in Brussels. The officials held talks in a bid to smooth trade tensions, notably over China’s expansion of its controls over rare earth exports. …
EU, China to continue engagement on export controls, EU says Read More »
By David Shepardson WASHINGTON (Reuters) -The White House plans to announce that Dutch chipmaker Nexperia’s China facilities will resume shipments, a source said, in what would be a relief for auto manufacturers worldwide who faced the imminent prospect of curbing production. The Dutch government seized control this month of Nexperia, owned by Chinese company Wingtech. …
US to announce Nexperia’s China facilities will resume shipments, source says Read More »
BEIJING (Reuters) -Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation. The comments were the first by the Chinese leader on an initiative Beijing unveiled …
China’s Xi pushes for global AI body at APEC in counter to US Read More »
SEOUL (Reuters) -South Korea’s exports unexpectedly rose in October on robust demand for chips and ships, even as businesses remained cautious amid a global outlook clouded by U.S. tariff policies, data showed on Saturday. Exports from Asia’s fourth-largest economy, an early bellwether for global trade, climbed 3.6% from a year earlier to $59.57 billion in …
South Korea October exports post surprise gain on strong demand for chips and ships Read More »
BEIJING (Reuters) -China’s cyberspace administrator held a symposium on cross-border data transfers with foreign firms on Friday in Beijing, where officials introduced recent progress in China’s data security management and addressed firms’ concerns. Over 30 foreign companies attended the meeting, the administrator said in a statement on its website. (Reporting by Beijing NewsroomEditing by Mark …
LONDON (Reuters) -The London Metal Exchange said on Friday it had fined a unit of Japanese financial group Mizuho 265,000 pounds ($356,000) for a breach of rules following an investigation into alleged misconduct. Mizuho Securities USA, a Category 2 LME member, failed to report the over-the-counter positions of two of its affiliates between September 5, …
LME fines Mizuho 265,000 pounds for rules breach Read More »
