Reuters Asia Business

(Reuters) -Three U.S. Senators have urged Treasury Secretary Janet Yellen to block the $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel, citing national security. Nippon clinched a deal on Monday to buy U.S. Steel for $14.9 billion in cash, prevailing in an auction for the 122-year-old iconic steelmaker over rivals such as Cleveland-Cliffs, …

Three Republican senators oppose Nippon-U.S. Steel deal over national security Read More »

By Karen Freifeld WASHINGTON (Reuters) -The United States has added 13 companies in China to a list of entities receiving U.S. exports that officials have been unable to inspect, according to a government notice posted on Tuesday. Companies are placed on the “Unverified List” when U.S. export control officers cannot complete on-site visits to determine …

US adds 13 companies in China to Unverified List Read More »

(Reuters) – Sony-owned Insomniac Games’ more than 1.3 million files, including game roadmaps, budgets and information about an upcoming “Wolverine” title, have been leaked online by the Rhysida ransomware group, Bloomberg News reported on Tuesday. The files show the Japanese company plans to release several Marvel-inspired titles in the next decade, including “Spider-Man 3” and …

Sony’s game plans leaked online by hackers – Bloomberg News Read More »

TOKYO (Reuters) – Japan’s government upgraded its view on business sentiment for the first time in two months in December as a central bank survey showed broad recovery in the corporate mood thanks to upbeat profits. But the Cabinet Office, in a report on Tuesday, left the overall economic assessment unchanged for the month, saying …

Japan ups assessment on business mood, holds to view of overall economy Read More »

By Casey Hall SHANGHAI (Reuters) – Shanghai Disney Resort will open a Zootopia-themed attraction to the public on Wednesday aiming to capitalise on a post-pandemic desire for travel and experiences in China. Zootopia, which came out in Chinese cinemas in 2016, remains one of the highest grossing imported animated films ever released in the country. …

Disney to open first Zootopia-themed attraction in Shanghai Read More »

BEIJING (Reuters) -China is able to achieve economic growth of 5% in 2024, Wang Yiming, a policy adviser to the central bank, said on Tuesday. China’s economy is likely to grow 5% next year, if investment rises 4-5%, consumption rises 6-7%, and exports return to growth, Wang told an economic forum in Beijing. China has …

China can achieve 5% economic growth in 2024, central bank adviser says Read More »

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan maintained ultra-loose policy settings on Tuesday in a widely expected move, as the bank opted to await more evidence on whether wages and prices would rise enough to justify a shift away from massive monetary stimulus. The central bank also made no change …

BOJ keeps ultra-loose policy, offers few hints on exit timing Read More »