By Rozanna Latiff and Xinghui Kok KUALA LUMPUR (Reuters) -China pressed on Monday for open trade and stronger economic ties at a regional summit in Malaysia dominated by the shadow of steep U.S. tariffs, as Canada’s premier expressed readiness to meet U.S. President Donald Trump to defuse trade tensions. A day after Trump’s six-hour blitz …
China fills US void at ASEAN Summit with push for trade multilateralism Read More »
By Ashitha Shivaprasad (Reuters) -A major expansion of aluminium production in Indonesia driven by Chinese companies is expected to push the global market into a surplus next year, which will lower prices of the metal widely used in the transport industry. Three new Chinese-backed smelters are nearing completion there, including Xinfa–Tsingshan’s Juwan in Weda Bay …
Chinese firms drive aluminium expansion in Indonesia, raise surplus fears Read More »
(Corrects surname to Curtis McGill from Curtis Gill in paragraph 23) By Jessica DiNapoli, Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) -Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been …
Tariffs anxiety prompts US importers to place spring orders early Read More »
By Trevor Hunnicutt, John Geddie and Tim Kelly TOKYO (Reuters) -U.S. President Donald Trump received a royal welcome on Monday in Japan, the latest leg of a five-day Asia trip which he hopes to cap with an agreement on a trade war truce with Chinese President Xi Jinping. Trump, making his longest journey abroad since …
Trump gets royal welcome in Japan, China trade truce hopes rise Read More »
(Reuters) -Shares of U.S.-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals, easing fears of supply disruptions that had boosted the sector this year. The rare earths truce marks a …
Rare earth miners fall as US-China truce to pause tariffs, export curbs Read More »
By Rishav Chatterjee, Selena Li and Lawrence White LONDON (Reuters) -HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff’s Ponzi scheme, history’s biggest ever such fraud. HSBC acted as a service provider to several …
HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case Read More »
BEIJING (Reuters) -China’s commerce ministry on Monday vowed to “resolutely safeguard legitimate rights and interests of Chinese companies” after the UK imposed Russia-related sanctions on 11 Chinese firms earlier in October. The sanctions have a negative impact on the economic and trade relations between China and the UK, a Chinese commerce ministry spokesperson said in …
China vows to safeguard firms’ legitimate rights and interests after UK sanctions Read More »
SHANGHAI/BEIJING (Reuters) -The China Securities Regulatory Commission launched a new plan on Monday to streamline the qualified foreign investor regime, introducing measures to ease access requirements, improve operational efficiency, and expand the investment scope. The plan aims to attract foreign long-term capital and includes a green channel and simplified process for allocation-focused investors such as …
China securities regulator unveils plan to ease foreign investor access Read More »
By Eduardo Baptista and Fanny Potkin BEIJING/SINGAPORE (Reuters) -China’s state-owned defense giant Norinco in February unveiled a military vehicle capable of autonomously conducting combat-support operations at 50 kilometres per hour. It was powered by DeepSeek, the company whose artificial intelligence model is the pride of China’s tech sector. The Norinco P60’s release was touted by …
Robot dogs and AI drone swarms: How China could use DeepSeek for an era of war Read More »
NEW DELHI (Reuters) -India on Monday advanced an anti-dumping investigation into imports from China and Thailand of Ethambutol Hydrochloride, an active pharmaceutical ingredient used in anti-tuberculosis drugs, by releasing a list of registered interested parties. The Directorate General of Trade Remedies (DGTR) launched the investigation last month following a petition by domestic drugmaker Lupin Ltd, …
India advances anti-dumping probe into tuberculosis drug imports from China, Thailand Read More »
