Reuters Asia Business

By Julie Zhu and Kane Wu HONG KONG (Reuters) -Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string of such potential deals in a faltering market. Li is considering leading a consortium to buy out …

Exclusive-China’s champion gymnast Li Ning considers taking company private, sources say Read More »

By Francesco Guarascio HANOI (Reuters) – Vietnam’s large trade surplus with the United States may reignite tensions with Washington in the event of a second Trump presidency, analysts warned, as exports of solar panels and other sensitive electric products boom. Super Tuesday results last week confirmed the November U.S.-election is set to pitch incumbent Joe …

Vietnam trade surplus may reignite US tensions if Trump returns, experts warn Read More »

By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Tuesday the economy was recovering but also showing some signs of weakness, offering a slightly bleaker assessment than in January in a nod to a recent batch of soft data on consumption. The remarks come ahead of the central bank’s policy meeting …

BOJ chief Ueda slightly tones down optimism on economy Read More »

(Fixes language in paragraph 2) BEIJING/HONG KONG (Reuters) – Chinese Premier Li Qiang does not intend to hold a meeting with visiting foreign CEOs at the upcoming China Development Forum (CDF) in late March, three sources briefed on the matter said, raising concerns about Beijing’s commitment to attract investment from abroad at a time of …

Chinese Premier Li to skip meeting with global CEOs at key business summit Read More »

By Leika Kihara TOKYO (Reuters) – The Bank of Japan will likely offer numerical guidance on how much government bonds it will buy upon ending negative interest rates and yield curve control (YCC), to avoid causing market disruptions, said four sources familiar with its thinking. With inflation exceeding the BOJ’s 2% inflation target for well …

BOJ to offer guidance on bond buying pace upon ending YCC – sources Read More »

By Stine Jacobsen COPENHAGEN (Reuters) – Lego increased sales of its colourful plastic bricks last year despite a decline in China and grabbed market share in what it called the most downbeat toy market in 15 years, the Danish toymaker said on Tuesday. In a global toy market that declined 7%, Lego said its consumer …

Lego outplays wobbly game market Read More »

SEOUL (Reuters) – Most Bank of Korea board members said it was too early for a pivot in monetary policy at their rate decision meeting on Feb. 22, minutes showed on Tuesday, as policymakers continued to prioritise stabilising prices. One member said it was too soon to discuss a pivot as inflation expectations remained high …

Most Bank of Korea board members said too early for policy pivot -minutes Read More »