Reuters Asia Business

KUALA LUMPUR (Reuters) -Malaysia’s economy grew 5.2% in the third quarter from a year earlier, official advance estimates showed on Friday, accelerating from the first half of the year on strong domestic consumption. In the second quarter, Malaysia’s gross domestic product had expanded by 4.4% on an annual basis, matching the pace set in the …

Malaysia’s economy grew 5.2% in Q3 on-year, official advance estimate shows Read More »

BEIJING (Reuters) -Chinese car maker BYD will make its largest recall yet of more than 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022 due to design defects and battery-related safety risks, China’s market regulator said on Friday. BYD has filed a plan with the State Administration for Market Regulation to recall …

BYD makes largest recall of over 115,000 cars due to design, battery issues Read More »

SINGAPORE (Reuters) -Singapore’s non-oil domestic exports rose 6.9% in September from the same month a year earlier, government data showed on Friday,  led by a sharp rise in electronics shipments. Last month’s export growth compared with a Reuters poll forecast of a 2.1% contraction, and followed a revised fall of 11.5% in August. Among key …

Singapore’s September exports rise 6.9% y/y, much stronger than forecast Read More »

WASHINGTON (Reuters) -A group representing major automakers warned late on Thursday that a chip disruption stemming from a dispute between China and the Dutch government could quickly impact U.S. auto production. Carmakers and their suppliers received notice from chipmaker Nexperia last week that it could no longer guarantee delivery of its chips, said ACEA, the …

Automaker group warns Nexperia chip supply issue could quickly disrupt US production Read More »

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise various data, including information he collects during his stay in Washington, in deciding whether to raise interest rates in October. He repeated his view that the central bank will hike rates if the likelihood of its …

Bank of Japan chief signals need for more data in deciding October move Read More »