Reuters Asia Business

Japan’s food self-sufficiency stuck at 38% in FY24/25, below 2030 goal

10 Oct 2025

By Yuka Obayashi TOKYO (Reuters) -Japan’s food self-sufficiency ratio remained at 38% in the 2024/25 fiscal year ended March 31, unchanged from a year earlier and below the government’s 2030 target of 45%, the agriculture ministry said on Friday. The figure — one of the lowest among developed economies — underscores Japan’s vulnerability to food …

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Singapore and New Zealand sign comprehensive strategic partnership

10 Oct 2025

By Lucy Craymer WELLINGTON (Reuters) -New Zealand and Singapore on Friday signed a comprehensive strategic partnership (CSP), with their prime ministers pledging to continue to find ways to work together to maintain the international rules-based order at a time of growing tensions. The two countries have maintained political ties for 60 years, and in 2019 …

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Exclusive-Shein, hit with big fines, boosts internal controls

10 Oct 2025

By Helen Reid LONDON (Reuters) -Online fast-fashion retailer Shein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing, according to a letter to investors, internal memos and two sources with direct knowledge of the plan. Shein, which ships cheap clothes and accessories direct from factories in China …

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Trading Day: Wall Street, gold cool as visibility dims

9 Oct 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wall Street wobbled and gold had its biggest fall in two months on Thursday, backing off from record highs as investors pondered whether a deeper correction might be in the offing amid continued uncertainty …

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Mexico to discuss tariff hikes with China and others before making law

9 Oct 2025

By Diego Oré and Emily Green MEXICO CITY (Reuters) -Mexico’s Congress will hold off approving proposed tariff hikes on nearly 1,500 products from China and other Asian countries while Mexico holds talks with those countries and considers changes to the proposal, President Claudia Sheinbaum said on Thursday.   Sheinbaum sent the proposal – which seeks to …

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Gold’s rush above $4,000/oz cements status as global bellwether 

9 Oct 2025

By Anjana Anil and Kavya Balaraman (Reuters) -Gold’s unprecedented ascent this week to the $4,000 an ounce milestone and beyond puts it on course for its best year since the Iranian Revolution in 1979, solidifying its status as a barometer for global geopolitics and the economy. Bullion’s 53% gain so far this year follows a …

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Tesla registers plans for longer-range ‘Model Y+’ in China

9 Oct 2025

BEIJING (Reuters) -EV-maker Tesla has registered plans for a longer-range variant of its Model Y in China, according to filing information that appeared on China’s industry ministry website on Thursday. The variant is named “Model Y+”, according to images published on the website. (Reporting by Beijing Newsroom; Editing by Joe Bavier)

Factbox-What are the five rare earths targeted by China’s export controls?

9 Oct 2025

By Alessandro Parodi (Reuters) -China said on Thursday it planned to add five more rare earth elements and related materials to its export controls list, tightening its grip on the sector ahead of talks between Presidents Donald Trump and Xi Jinping. China produces over 90% of the world’s processed rare earths and rare earth magnets. …

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Japan Takaichi says BOJ rate decisions must align with govt goal

9 Oct 2025

By Leika Kihara TOKYO (Reuters) -Japan’s ruling party chief Sanae Takaichi said on Thursday that the country’s central bank is responsible for setting monetary policy but that any decision it makes must align with the government’s goal. Recent inflation in Japan has been driven by rising raw material costs rather than solid demand, Takaichi told …

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Shares of rare earths miners rise after China tightens export controls

9 Oct 2025

By Vallari Srivastava (Reuters) -Shares of rare earths miners rose in morning trade on Thursday after China tightened export controls on metals crucial to the weapons and electronics industries, aiming to limit shipments to overseas defense firms and semiconductor users. The announcement follows U.S. lawmakers’ call for broader bans on the export of chipmaking equipment …

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