Reuters Asia Business

Japan’s Takeda in regulatory talks to launch dengue vaccine in India

By Leroy Leo and Rishika Sadam BENGALURU (Reuters) – Japan’s Takeda Pharmaceutical is holding talks with Indian regulators to make its dengue vaccine available in the country, the drugmaker’s global head of vaccines, Gary Dubin, told Reuters on Tuesday. “We are in talks with regulators and plan to start a clinical trial very soon,” said …

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Toyota to recall 280,663 vehicles in US on concerns over unexpected movement, says NHTSA

(Reuters) – A U.S. auto safety regulator said on Tuesday Toyota will recall 280,663 pickup trucks and SUVs and issue a software update to address concerns over unexpected movement caused when vehicles are in neutral and brakes are not applied. Dealers will issue a free software update on impacted vehicles for the transmission control ECU …

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China to build hydro and gas, upgrade coal fleet for a more flexible power system

By Colleen Howe BEIJING (Reuters) – China’s state planner has issued a strategy for the electric power system to more effectively respond to spikes in demand, as the country adds huge amounts of renewable capacity. The National Development and Reform Commission (NDRC) said in a Tuesday notice that by 2027, the country will have 80 …

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Taiwan Jan export orders beat expectations on AI demand, but outlook soft

TAIPEI (Reuters) – Taiwan’s export orders beat expectations in January amid robust demand for artificial intelligence applications, but the outlook remains soft as high interest rates in major Western markets and geopolitical uncertainty weigh on demand. Export orders last month edged up 1.9% from a year earlier to $48.42 billion, beating a 3.6% decline forecast …

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Japan’s inflation beats forecasts, end of negative rates in sight

By Tetsushi Kajimoto and Takahiko Wada TOKYO (Reuters) -Japan’s core consumer inflation slowed for a third straight month in January but beat forecasts and held at the central bank’s 2% target, keeping alive expectations it will end negative interest rates by April. The 2.0% gain in the core consumer prices index (CPI) was slower than …

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Soaring Japanese equities offer investors cozy distance from troubled China

(Corrects spelling of ‘Saizeriya’ in paragraph 4) By Brigid Riley TOKYO (Reuters) -As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs. While some investors just want to say goodbye to Japan’s troubled …

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Hong Kong under pressure to ease property curbs, plug deficit in budget

By James Pomfret and Clare Jim HONG KONG (Reuters) – Hong Kong unveils its annual budget on Wednesday at a time when it faces mounting fiscal deficits and economic headwinds including a struggling Chinese economy, with markets expecting authorities to ease property curbs to boost the ailing sector. Economic growth in the global financial hub …

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Conditions favourable for Vietnam-China cross-border development, says official

HANOI (Reuters) – Conditions are favourable for Vietnam and China to develop cross-border transport infrastructure to support bilateral trade and investment, Vietnamese Deputy Prime Minister Tran Hong Ha said on Tuesday. Ha was speaking at a meeting in Hanoi with Wang Bin, General Manager of Power Construction Corporation of China (PowerChina). Vietnam and China signed …

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