Reuters Asia Business

Cyber defenders sound the alarm as F5 hack exposes broad risks

By Raphael Satter and AJ Vicens WASHINGTON (Reuters) -A more than year-long digital intrusion into cybersecurity company F5, publicized last week and blamed on Chinese spies, has defenders across the industry hunting for signs of compromise among the many corporate networks that use its products. Several worry that more disclosures are coming. So far, little is …

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Factbox-Amazon cloud outage: online services hit, recovery uneven

(Reuters) -An outage at Amazon’s cloud computing unit was gradually easing on Monday, after disrupting many online services offered by banks, social media companies and businesses. The turmoil marked the largest internet disruption since last year’s CrowdStrike malfunction hobbled tech systems in hospitals, banks and airports. It highlights the vulnerability of the world’s interconnected technologies. …

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Canada offers tariff relief to some steel, aluminum products from US, China

OTTAWA (Reuters) -Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war on two fronts. Prime Minister Mark Carney is negotiating with U.S. President Donald Trump, who imposed tariffs on Canadian steel and aluminum. …

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Taiwan’s Yageo completes tender offer for Japan’s Shibaura

TAIPEI (Reuters) -Taiwan’s Yageo has completed a tender offer for Japan’s Shibaura Electronics with an 87.3% acceptance rate, the electronic components maker said on Monday. “Yageo will comply with Japanese regulations and continue the privatisation of Shibaura, aiming to complete the process by Q1 2026,” the company said in a statement. It described the acquisition …

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Archer Aviation strikes Korean Air deal for eVTOL air taxis

(Reuters) -Archer Aviation on Monday said it signed a partnership with Korean Air to commercialize its electric air taxis in South Korea, with a potential purchase of up to 100 aircraft. The deal underscores an intensifying race among electric vertical take-off and landing developers to win regulatory approvals, lock in airline partners and move from …

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China’s Q3 GDP growth set to slow to one-year low as property slump, trade tensions sap demand

By Kevin Yao BEIJING (Reuters) -China’s economic growth likely slowed to a one-year low in the third quarter as a prolonged property downturn and trade tensions weigh on demand, keeping pressure on policymakers to roll out more stimulus to shore up confidence and momentum. Beijing has unveiled modest support measures this year to preserve policy …

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Chinese battery maker CATL posts faster profit growth in third quarter

BEIJING (Reuters) -Chinese electric vehicle battery giant CATL saw net profit growth accelerate in the third quarter, even as it faced increased competition from smaller rivals. Net profit rose 41.2% to 18.5 billion yuan ($2.6 billion) in the July-September period from a year earlier, picking up from a 33.7% increase in the second quarter, according …

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China’s economy slows as trade war, weak demand highlight structural risks

By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, stoking concerns about deepening structural imbalances. While the 4.8% growth rate met expectations and kept China on …

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Police seek to detain most South Koreans returned from Cambodia over online scams

By Ju-min Park and Joyce Lee SEOUL (Reuters) -South Korean police are seeking to detain most of the 64 South Koreans repatriated from Cambodia over allegations they were involved in online scams in the Southeast Asian country, the police said on Monday. The police have filed requests to the courts to detain 58 of the …

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Tons of silver from US, China ease London spot market squeeze

By Polina Devitt LONDON (Reuters) -Large flows of silver from the U.S. and China to London’s spot market in the past week are easing a liquidity squeeze in the world’s largest over-the-counter precious metals trading hub, traders and analysts said. A shortage of available metal in the London market helped drive silver prices to a …

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