Reuters Asia Business

By Ben Blanchard and Tim Hepher TAIPEI/PARIS (Reuters) -Taiwan’s China Airlines is nearing a decision to split a multi-billion-dollar order for long-distance passenger jets between Airbus and Boeing, while an order for freighters hangs in the balance, industry sources told Reuters. The decision will come as the United States’ presidential election ended with the Republican …

Exclusive-Boeing, Airbus to share Taiwan’s China Airlines passenger jet order, sources say Read More »

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -Vietnam faces trade volatility with a new Trump presidency, officials and supply chain experts told Reuters, as the country could benefit from increased U.S.-China trade tensions but may also become “collateral damage” of U.S. protectionist measures. The Southeast Asian industrial hub is a major exporter to the …

Uncertainty prevails as top exporter Vietnam braces for volatility with Trump Read More »

By Joe Cash BEIJING (Reuters) -China’s exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and the European Union, as the threat of a two-front trade war loomed large. Donald Trump’s sweeping victory in the U.S. presidential …

China’s exports soar past forecast as factories front-run Trump tariff threat Read More »

BEIJING (Reuters) -China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People’s Bank of China, said in remarks published on Thursday. China will promote the opening of its financial services sector and strengthen communication with markets, Pan said during a meeting with executives of …

China’s central bank head pledges to support economic recovery Read More »

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that translate into higher net interest margin, a key profitability gauge. The incoming Trump administration is …

Singapore bank DBS sees upside to 2025 profit with Trump return Read More »

By Bernadette Christina NUSA DUA, Indonesia (Reuters) -Indonesia’s chief economic minister said on Thursday he is confident palm oil production can be increased in coming years to meet the country’s rising demand for energy as the mandatory biodiesel blend is poised to expand. Indonesia’s government plans to expand the mandatory blend of biodiesel to contain …

Indonesia confident palm oil production can be increased to meet biofuel demand Read More »

(This Nov. 5 story has been refiled to remove a picture) By Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) – Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and …

After SpaceX’s requests, Taiwanese suppliers move manufacturing abroad, sources say Read More »

By Amy Lv and Colleen Howe BEIJING (Reuters) -China’s iron ore imports in October climbed by 4.48% from the prior year, official data showed on Thursday, as steelmakers’ margins improved thanks to Beijing’s massive economic stimulus package spurring more buying. China, the world’s largest iron ore consumer, brought in 103.84 million metric tons of the …

China’s October iron ore imports stay elevated on improved steel margins Read More »