Reuters Asia Business

AMSTERDAM (Reuters) -The Netherlands’ Economy Minister Vincent Karremans on Sunday said he expected to have a meeting with a Chinese government official within days to discuss how to resolve a standoff over computer chip maker Nexperia NV, which is threatening global auto supply chains. The Dutch government seized control over Nexperia, a subsidiary of China’s …

Dutch minister will meet with China official about seizure of chipmaker Nexperia Read More »

By Che Pan and Brenda Goh BEIJING (Reuters) -Nexperia said on Sunday that its employees in China still have access to company platforms and are receiving salaries as usual, a day after its China unit asserted that it had the right to operate independently of the Dutch parent. “We are aware of a message circulated …

Nexperia says Chinese unit operating as usual as tensions with the Netherlands run high Read More »

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice Premier He Lifeng in Malaysia to try to forestall an escalation of U.S. tariffs on Chinese goods that President Donald Trump said was unsustainable. Bessent made the announcement during …

Bessent, Chinese vice premier to meet to try to defuse US tariff hike Read More »

BEIJING (Reuters) -State-backed China Eastern Airlines will resume Shanghai-Delhi flights from November 9, the airline’s website showed on Saturday, as China and India resume direct air links amid a diplomatic thaw after a five-year freeze. The flights will operate three times a week on Wednesdays, Saturdays and Sundays, the airline’s online ticket sales platform showed. …

China Eastern Airlines to resume flights as China, India restore air links Read More »

(Corrects October 13 story to remove reference to Sublime China Information research note) By Florence Tan SINGAPORE (Reuters) -The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship tracking data and Chinese consultancies. …

Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows Read More »

By Alun John, Ankur Banerjee, Manya Saini, Nupur Anand and Saqib Iqbal Ahmed NEW YORK/LONDON/SINGAPORE (Reuters) -A clutch of bad loans at banks in recent weeks has shaken investor confidence in banking shares, which gyrated sharply late this week as unease mounted over credit risks that threatened to spill into the broader markets. The markets …

Banking shares’ wobbles reveal growing unease over credit risks Read More »

(Reuters) -Nvidia uveiled on Friday the first U.S.-made Blackwell wafer, produced at TSMC’s semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates. Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that meets or exceeds human intelligence. The move “bolsters the U.S. …

Nvidia unveils first Blackwell chip wafer made with TSMC in US Read More »

(This October 16 story is repeated without any changes to the text.) By AJ Vicens and Raphael Satter (Reuters) -A breach at U.S.-based cybersecurity company F5 has been blamed on state-backed hackers from China, two people briefed on the investigation said on Thursday. On Wednesday, U.S. government officials said federal networks are being targeted by …

Breach at US-based cybersecurity provider F5 blamed on China, sources say Read More »