Reuters Asia Business

BEIJING (Reuters) – China’s aluminium imports in August dropped 19% from a year earlier, customs data showed on Sunday, reflecting lowered import appetite amid record-high domestic production and tight overseas supply. The country brought in 200,440 tonnes of unwrought aluminium and products, including primary metal and unwrought, alloyed aluminium last month, according to data from …

China’s August aluminium imports fall 19% on-year as domestic output rises Read More »

BEIJING (Reuters) – China’s August gasoline exports rose 97.4% from a year earlier, customs data showed on Sunday, as refiners took advantage of fresh export quotas amid faltering domestic demand. Gasoline shipments were at 1.12 million tonnes last month, while volumes for the January to August period were 30.4% lower than the corresponding period last …

China’s August gasoline exports nearly double from a year ago Read More »

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy is expected to grow by 3% to 3.5% this year and 3% to 4% next year, helped by increased exports and a pickup in the vital tourism sector after reopening the country to visitors, the finance minister said on Saturday. The Southeast Asian country expects …

Thailand GDP to grow 3%-3.5% this year as tourism rebounds – Finance Minister Read More »

MANILA (Reuters) – More merger and acquisition deals in the Philippines will be required to secure prior approval, its competition watchdog said on Friday, as it seeks to expand its reviews of transactions to better protect consumers. Dozens of companies in the past two years were exempted from notifying the antitrust body and seeking approval …

Philippines antitrust body orders more firms to report takeovers, mergers Read More »

SAMARKAND, Uzbekistan (Reuters) – The leaders of the Shanghai Cooperation Organisation (SCO) agreed on Friday to take steps to increase the use of national currencies in trade between their countries, according to a joint declaration adopted on Friday. The group – which comprises China, India, Russia and Pakistan alongside four Central Asian states – said …

China-led SCO bloc agrees to expand trade in national currencies Read More »