Reuters Asia Business

By Casey Hall SHANGHAI (Reuters) – Political tensions and a slowing economy are sapping the confidence of U.S. businesses operating in China, with the number of companies optimistic about their five-year outlook falling to a record low, a survey published on Tuesday showed. Even after the ending of COVID curbs, which weighed heavily on revenues …

U.S. business optimism about China outlook falls to record low – survey Read More »

By Yoshifumi Takemoto TOKYO (Reuters) – Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia’s Arctic LNG 2 project, Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday. The Arctic LNG 2 project is operated by Russia’s Novatek while Japanese trading company Mitsui …

Japan will ensure stable energy supply even with US sanctions Read More »

BEIJING (Reuters) – Shell said it has opened its largest electric vehicle (EV) charging station worldwide in Shenzhen, China. The station, located adjacent to Shenzhen airport, features 258 charging points, as well as solar panels with an annual generation capacity of 300,000 kilowatt-hours, Shell said. The station is operated as a joint venture between Shell …

Shell opens its largest EV charging station globally in China Read More »

By Summer Zhen and Rae Wee HONG KONG/SINGAPORE (Reuters) – Investor negativity on China is showing signs of shifting as money managers stop or slow cuts to their exposure, even if they see a durable bullish tilt in the market or sentiment as distant. After August, when foreigners dumped a record 90 billion yuan ($12.34 …

Analysis-Investors temper pessimism on China, but bullish tilt remains distant prospect Read More »

(Reuters) -Vietnamese electric-vehicle maker VinFast said on Monday it had delivered 9,535 vehicles in the second quarter, recording a more than fivefold jump from the first quarter. The company, whose U.S.-listed shares fell 1.2% on Monday, reported 11,315 deliveries for the first half of this year. VinFast’s blockbuster debut on Wall Street in August saw …

VinFast’s second-quarter deliveries jump over fivefold sequentially Read More »

By David Dolan TOYOTA CITY, Japan (Reuters) – At factories in Japan’s industrial heartland, Toyota has turned to self-propelled assembly lines, massive die casting and even old-fashioned hand polishing as it aims to make up for lost ground in battery electric vehicles. The world’s top-selling automaker believes it can close the gap with Tesla and …

In EV battle, Toyota bets on new technology and old-school thinking Read More »

By Sergio Goncalves LISBON (Reuters) – Portugal’s telecom watchdog said on Monday it is working with operators to implement a high-level resolution which effectively bars Huawei’s equipment from the country’s 5G mobile networks, despite legal objections from the Chinese company. The CSSC council is the Portuguese prime minister’s consultative body and its resolution, although it …

Portugal’s telecom watchdog working with operators to bar Huawei Read More »