Reuters Asia Business

China’s April new home prices see slower gains – private survey

BEIJING (Reuters) – China’s April new home prices grew at a slightly slower pace compared with March gains, a private survey showed on Sunday, with policy-easing moves by local governments yet to significantly revive buying sentiment. New home prices in 100 cities rose 0.02% from a month earlier, easing from the 0.03% gain in March, …

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Pakistan CPI inflation hits two-year high 13.37% in April – statistics bureau

ISLAMABAD (Reuters) – Pakistan’s CPI inflation rose to a two-year high of 13.37% in April compared to the same month last year, the statistics bureau said on Sunday. Inflation accelerated from 12.7% year-on-year in March, marking a 1.61% month-on-month rise in April. (Reporting by Asif Shahzad in Islamabad; Editing by William Mallard)

Qantas to break London flight barrier with Airbus jet order -sources

By Jamie Freed and Tim Hepher SYDNEY (Reuters) -Qantas Airways Ltd is set to announce a landmark order for Airbus SE A350-1000 jets capable of nonstop flights from Sydney to London as part of a wider deal with the European planemaker, industry sources told Reuters. The multibillion-dollar order, to be unveiled in a Sydney airport …

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S.Korea April slowest export growth in 14 months, trade deficit widens

By Joori Roh SEOUL (Reuters) -South Korea’s exports grew at their slowest pace in 14 months in April, with the trade deficit widening as China-bound shipments shrank and rising energy and raw materials prices pushed up the country’s imports. Exports grew 12.6% from a year earlier to $57.69 billion, trade ministry data showed on Sunday, …

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Beijing city announces $20 billion subsidy scheme for SMEs- state media

BEIJING (Reuters) – The city of Beijing announced new measures to support small and micro-sized companies, including around 130 billion yuan ($20 billion) of subsidies, state media reported on Friday. The measures will benefit more than 1.6 million SMEs, according to the Beijing Daily. ($1 = 6.4854 Chinese yuan renminbi) (Reporting by Beijing Newsroom; editing …

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Taiwan to invest in green energy, smart grids to reach net-zero emissions goal

By Sarah Wu TAIPEI (Reuters) – Taiwan President Tsai Ing-wen said on Friday the government will focus on research and development in green energy, smart grids and energy storage equipment in its push to cut carbon emissions. “Long-term carbon reduction relies on new technologies to produce more breakthroughs,” Tsai said at a sustainability forum to …

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