Reuters Asia Business

KUALA LUMPUR (Reuters) – Malaysia said on Sunday it has signed a memorandum of understanding with a China government-backed trade association to enhance palm oil trade and cooperation. The Malaysian Palm Oil Board said its partnership with the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products will help …

Malaysia, China ink partnership to stabilise palm oil supply chain Read More »

SHANGHAI (Reuters) – China’s Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in a move to expand its presence in the auto industry. Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded …

China’s Huawei partners with more automakers to produce Aito EVs Read More »

By Jihoon Lee SEOUL (Reuters) -South Korea’s exports fell in March year-on-year for the sixth month in a row, hit by a cooling global economy and a persistent slump in the semiconductor sector, but exports did not fall by as much as expected, data showed on Saturday. Asia’s fourth-largest economy exported goods worth $55.12 billion …

South Korea exports fall for sixth consecutive month in March Read More »

(Reuters) -China’s cyberspace regulator will conduct a cybersecurity review of products sold in the country by U.S. memory chip manufacturer Micron Technology Inc, the regulator said on Friday. The move, which comes amid a spat over chip technology between Washington and Beijing, is aimed at protecting the security of the supply chain for critical information …

China to examine US chipmaker Micron’s products for cybersecurity risks Read More »

HONG KONG (Reuters) – Major property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion yuan ($2.02 billion) in 2022, as the debt-laden firm slowed its project construction and incurred higher interest expenses. Over the last two years, property firms in China have either struggled to sell new houses or …

Chinese property developer Sunac posts $2 billion core loss in 2022 Read More »