Reuters Asia Business

Japan mulls letting banking groups offer crypto trading services, Nikkei reports

(Reuters) -Japan’s financial regulator is mulling allowing members of banking groups to launch cryptocurrency trading services, in a move to expand market access and foster competition, the Nikkei reported on Wednesday. Japan’s Financial Services Agency (FSA) is also considering lifting a ban on banks from buying and holding cryptocurrencies for investment. Banking group subsidiaries are …

Japan mulls letting banking groups offer crypto trading services, Nikkei reports Read More »

China to buy Brazil’s deforestation-free beef, says NGO

By Ana Mano BRASÍLIA (Reuters) -A powerful association of Chinese beef importers has committed to buying deforestation-free Brazilian beef under a new certification protocol developed by Brazilian NGO Institute for Forest and Agricultural Management and Certification (Imaflora). The move, announced on Tuesday by Imaflora, strengthens Brazilian ties with its top trade partner China, which is …

China to buy Brazil’s deforestation-free beef, says NGO Read More »

Dutch seek solution to stand-off with China over chipmaker Nexperia, while carmakers fret

By Toby Sterling AMSTERDAM (Reuters) -The Dutch economy minister spoke to his Chinese counterpart on Tuesday but failed to find a solution to an impasse over chipmaker Nexperia BV, as Germany’s car industry warned it faces possible production shortages if the situation is not resolved quickly. The Dutch government seized control of Nexperia last month, …

Dutch seek solution to stand-off with China over chipmaker Nexperia, while carmakers fret Read More »

EU trade chief to meet China’s Wang to discuss rare earths

BRUSSELS (Reuters) -European Trade Commissioner Maros Sefcovic said on Tuesday he had invited Chinese Commerce Minister Wang Wentao to Brussels in the coming days to find “urgent solutions” to China’s tightening of its restrictions on rare earth exports. “The Minister Wang Wentao has accepted this invitation so our teams will engage under the export control …

EU trade chief to meet China’s Wang to discuss rare earths Read More »

Concerned carmakers race to beat China’s rare earths deadline

By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) -Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures. Rare earth magnets power motors in car parts such as side mirrors, speakers, oil pumps, windshield wipers and fuel …

Concerned carmakers race to beat China’s rare earths deadline Read More »

Airbus to inaugurate new China assembly line as treads trade tightrope

By Tim Hepher and Sophie Yu PARIS/BEIJING (Reuters) -Airbus is poised to open a second assembly line in China with limited fanfare this week, days after securing an extra foothold in the United States as it walks a tightrope between divided trade powers, industry sources said. The second line at the port city of Tianjin …

Airbus to inaugurate new China assembly line as treads trade tightrope Read More »

German auto association warns of risk to production from Nexperia dispute

BERLIN (Reuters) -A stand-off between China and the Netherlands over chipmaker Nexperia could significantly disrupt automotive production in the near future, Germany’s VDA industry association said on Tuesday. “The situation could lead to considerable production restrictions in the near future, and possibly even to production stoppages if the interruption in the supply of Nexperia chips …

German auto association warns of risk to production from Nexperia dispute Read More »

Japan’s Takaichi calls on BOJ to pursue inflation driven by wage gains

By Leika Kihara TOKYO (Reuters) -Japan’s new prime minister, Sanae Takaichi, said on Tuesday she hoped the central bank would conduct monetary policy to sustainably achieve 2% inflation driven not just by rising raw material costs but also by wage gains. Monetary policy is part of a broader economic policy the government holds final responsibility …

Japan’s Takaichi calls on BOJ to pursue inflation driven by wage gains Read More »

EBRD could lend up to $1.5 billion for Central Asia hydro plant

By Libby George, Karin Strohecker and Simon Jessop LONDON (Reuters) -The European Bank for Reconstruction and Development could lend up to $1.5 billion for a Central Asian hydropower plant, its president told Reuters, adding that demand for renewables is rising despite some opposition to funding green energy. The Kambar-Ata 1 project is one of the …

EBRD could lend up to $1.5 billion for Central Asia hydro plant Read More »

Close Bitnami banner
Bitnami