Reuters Asia Business

By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should put trade curbs on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives’ committee on China said on Tuesday. …

Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron Read More »

LIMA (Reuters) – The Peruvian unit of Chinese firm Chinalco should start construction on its delayed $1.3 billion expansion project at the Toromocho copper mine in southern Peru by the end of June, the division’s executive said on Tuesday. The president of Chinalco Peru, Xudong Zhang, said that he expects the Peruvian government to approve …

Chinalco expects to start Peru copper mine expansion no later than end-June: exec Read More »

BEIJING (Reuters) – China firmly opposed the agreement reached between the U.S. and Taiwan, urging the U.S. to “carefully handle economic and trade relations with Taiwan”, China’s ministry of commerce said on Tuesday. The U.S. Trade Representative’s office announced last week that the U.S. and Taiwan reached agreement on the first part of their “21st …

China opposes trade agreement reached between U.S. and Taiwan Read More »

By Clara Denina and Helen Reid LONDON (Reuters) – Mining firms lag far behind other sectors on female representation in top leadership, data released on Tuesday showed. S&P Global Commodity Insights’ figures highlight the industry’s struggle to improve gender equity, with women filling just 12.1% of the highest-ranking executive positions across more than 2,000 publicly-listed …

Mining lags on female C-suite, board representation Read More »

SEOUL (Reuters) – South Korean entertainment company HYBE, home to K-pop superstars BTS, has signed a music distribution deal with China’s Tencent, the Seoul Economic Daily newspaper reported on Tuesday citing a HYBE official. The deal will see music from HYBE artists become available on streaming platforms owned by China’s Tencent Music including QQ Music, …

South Korea’s HYBE signs deal with China’s Tencent Music -newspaper Read More »

By Joe Cash BEIJING (Reuters) -A majority of British companies are taking a “wait and see approach” on new investments in China amid their pessimism hitting record levels, according to the British Chamber of Commerce in China. Increasingly strained geopolitical relationships, a slowing global economy, growing talk of self-sufficiency, and shifting investor perceptions were the …

Majority of British firms cautious on new investments in China – survey Read More »

By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in April, higher than forecast, official data showed on Tuesday. Core inflation – which excludes private road transport and accommodation costs – rose 5% year-on-year in April whereas a Reuters poll of economists had forecast a 4.7% increase. Lower inflation for electricity, …

Singapore’s April core inflation rises 5%, beating forecast Read More »