Reuters Asia Business

By Rozanna Latiff, Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) -Malaysia said on Friday it plans to boost tax collection and strengthen social protection systems next year, as it looks to bolster government revenue amid external uncertainties. Speaking in parliament, Prime Minister Anwar Ibrahim announced a budget of 470 billion ringgit ($111.40 billion) for 2026, …

Malaysia plans to spend $111 billion in 2026, boost tax collection Read More »

(Reuters) -China has intensified enforcement of its import restrictions on U.S. chips, including Nvidia’s artificial intelligence processors, the Financial Times reported, as Beijing sharpens its focus on promoting home-grown semiconductor production. Chinese customs officials were dispatched to key ports to conduct strict checks on semiconductor shipments, the newspaper said on Friday, citing unidentified sources. China …

China tightens checks on Nvidia AI chips at major ports, FT reports Read More »

BEIJING (Reuters) -Tesla’s sales of Chinese-made EVs rose 2.8% year-on-year in September to 90,812, ending a two-month decline as its new six-seater began deliveries in China, data from the China Passenger Car Association showed on Friday. The data comes after news that the U.S. automaker also saw a partial rebound in European sales during the …

Tesla’s September China-made EV sales rise 2.8% year on year Read More »

By Kitiphong Thaichareon and Chayut Setboonsarng BANGKOK (Reuters) -Thai interest rates could be cut if needed to spark inflation and growth, but the central bank was able to hold policy steady this week as earlier cuts are still working through the economy, new Bank of Thailand Governor Vitai Ratanakorn said on Friday. Vitai, who took …

Thai central bank chief says can cut rates further if necessary Read More »

BEIJING (Reuters) -China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for semiconductor users as Beijing tightens control over the sector ahead of talks between Presidents Donald Trump and Xi Jinping. The world’s largest rare earths producer also added dozens of pieces of refining technology to its …

China expands rare earths restrictions, targets defense and chips users Read More »