Reuters Asia Business

BEIJING (Reuters) – China’s securities regulator said on Monday that it would tighten scrutiny of margin financing, malicious short selling and seek to ward off risks involving pledged shares. The watchdog’s vow to stabilise the market comes amid growing concerns that slumping share prices could trigger more selling in a vicious spiral. The China Securities …

China targets margin loans, short selling to help stabilise stocks Read More »

By Sam Nussey and Miho Uranaka TOKYO (Reuters) – Japan chip materials maker JSR said on Monday that a lawsuit brought against the company by a research foundation in the United States would not impact its plan to be bought by a state-backed fund. “We have no reason to believe this is going to impact …

Japan’s JSR says US lawsuit will not impact go-private deal Read More »

By Andrew Silver SHANGHAI (Reuters) – A draft U.S. bill that has triggered a sell-off in shares of China’s biotech firm Wuxi Apptec could deal a major blow not just to the firm but could also impact many labs and Western drugmakers that rely on it for research and manufacturing, public data showed. A congressional …

US bill poses risk to Wuxi AppTec and its Western drugmaker partners Read More »

By Nicoco Chan and Samuel Shen SHANGHAI (Reuters) – Chinese workers packed into trains on Monday, heading home for the Lunar New Year holidays with worries about their jobs and a stuttering economy overshadowing the build-up to the long-awaited family reunions. People are expected to make a record 9 billion journeys before and after the …

Job worries sour mood for Chinese heading home for holidays Read More »

By Anton Bridge, John Geddie and Daniel Leussink TOKYO (Reuters) – Donald Trump’s pledge to block Nippon Steel’s planned purchase of U.S. Steel if he retakes the White House compounds political troubles for the $15 billion deal whose failure could reverberate across Japan Inc. For Japan, the biggest foreign investor in the U.S., a collapse …

Analysis-Trump adds to Nippon-U.S. Steel deal woes in blow for Japan Inc Read More »