Reuters Asia Business

By Melanie Burton and Katya Golubkova MELBOURNE/TOKYO (Reuters) – Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects. The resources-rich nation is seeking investment from allies in …

Australia’s resources minister seeks investment from S.Korea, Japan Read More »

SHANGHAI (Reuters) -China’s securities regulator said on Sunday that it will fully suspend the lending of restricted shares effective from Monday, in policymakers’ latest attempt to stabilise the country’s stock markets following recent sharp falls. A string of supportive policies by Beijing including a deep cut to bank reserves helped lift Chinese stocks off 5-year …

China securities regulator suspends restricted share lending from Monday Read More »

BEIJING (Reuters) – China’s major southern city of Guangzhou fully relaxed home purchase limits for some people on Saturday and said it would increase affordable housing supply, in a move to support the local property market. Properties with a floor area of more than 120 square metres (1,292 square feet) are excluded from housing purchase …

China’s Guangzhou first to completely ease purchase limit on large homes Read More »

By Liangping Gao and Ryan Woo BEIJING (Reuters) -Profits at China’s industrial firms fell 2.3% in 2023, their second straight yearly decline, due to sluggish demand at home and abroad, adding pressure on economic growth amid a deep property slump and deflationary risks. The drop followed a 4.4% profit fall in the first 11 months …

China’s industrial profits fell 2.3% in 2023 Read More »

By Lisa Barrington (Reuters) – The first Boeing 737 MAX jet delivered to a Chinese airline since March 2019 landed in China on Saturday, ending an almost five-year import freeze on the planemaker’s most profitable jets and heralding the potential delivery of a backlog of dozens of finished MAXs to China. The 737 MAX 8 …

Boeing 737 MAX lands in China, ending import freeze on order backlog Read More »

By David Shepardson WASHINGTON (Reuters) -The Biden administration is proposing requiring U.S. cloud companies to determine whether foreign entities are accessing U.S. data centers to train AI models, U.S. Commerce Secretary Gina Raimondo said on Friday. “We can’t have non-state actors or China or folks who we don’t want accessing our cloud to train their …

Eying China, US proposes ‘know your customer’ cloud computing requirements Read More »