Reuters Asia Business

Mercedes-Benz Group to take 3% stake in Chongqing Qianli Technology

25 Sep 2025

HONG KONG (Reuters) -Chongqing Qianli Technology said on Thursday its key shareholder has agreed to transfer a 3% company stake, valued at 1.34 billion yuan ($187.90 million), to Mercedes-Benz Group. Chongqing Lifan Holdings has agreed to transfer 135.63 million shares of Chongqing Qianli at 9.87 yuan apiece to Mercedes-Benz, which undertakes not to reduce its …

Mercedes-Benz Group to take 3% stake in Chongqing Qianli Technology Read More »

Exclusive-G7 weighs price floors for rare earths to counter China’s dominance, sources say

25 Sep 2025

By Julia Payne and Divya Rajagopal BRUSSELS/TORONTO (Reuters) -Group of Seven (G7) members and the European Union are considering price floors to promote rare earth production, as well as taxes on some Chinese exports to incentivise investment, four sources with knowledge of the discussions told Reuters. Rare earths are difficult-to-extract metallic elements critical to the …

Exclusive-G7 weighs price floors for rare earths to counter China’s dominance, sources say Read More »

Canada to boost Indonesia exports to diversify non-US trade, says minister

25 Sep 2025

By Promit Mukherjee OTTAWA (Reuters) -Canada aims to establish duty-free access for up to 95% of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement with one of Southeast Asia’s biggest markets. The Comprehensive Economic Partnership Agreement is Canada’s first in the …

Canada to boost Indonesia exports to diversify non-US trade, says minister Read More »

US, Chinese officials to meet at Treasury for technical talks on trade, source says

25 Sep 2025

By David Lawder WASHINGTON (Reuters) -U.S. and Chinese officials will meet on Thursday at the U.S. Treasury for staff-level technical talks on trade and economic issues that will not cover last week’s deal for Chinese short video app TikTok to switch to U.S.-controlled ownership, a source familiar with the discussions said. The talks also will …

US, Chinese officials to meet at Treasury for technical talks on trade, source says Read More »

Trading Day: Stocks cool, commodities stir

25 Sep 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wall Street fell on Wednesday as record high prices and lofty valuations gnawed away at sentiment, while the dollar rose as investors continued to digest Federal Reserve Chair Jerome Powell’s cautious comments this week …

Trading Day: Stocks cool, commodities stir Read More »

Trump will sign TikTok executive order on Thursday, source says

24 Sep 2025

WASHINGTON (Reuters) -President Donald Trump will sign an executive order on Thursday that declares a deal being negotiated by the White House to sell TikTok’s U.S. operations will meet requirements set out in a 2024 law, a White House source with knowledge of the matter said. Earlier this week, the White House said Trump will …

Trump will sign TikTok executive order on Thursday, source says Read More »

Exclusive-Trump poised to add Japan stop to upcoming Asia trip

24 Sep 2025

By Trevor Hunnicutt and Yukiko Toyoda WASHINGTON/TOKYO (Reuters) -U.S. and Japanese officials are making arrangements for a trip by President Donald Trump to Japan next month, according to two government officials and another person briefed on the matter. A visit to Tokyo, Washington’s closest ally in East Asia and a major partner on trade and …

Exclusive-Trump poised to add Japan stop to upcoming Asia trip Read More »

Honda to discontinue Acura EV assembled by GM in US

24 Sep 2025

(Reuters) -Japanese automaker Honda is ceasing production of its Acura ZDX electric crossovers assembled by General Motors, the latest automaker to curtail electric-vehicle activity in the U.S. The ZDX electric model was assembled at GM’s Spring Hill assembly plant in Tennessee.    “To better align our product portfolio with the needs of our customers and market …

Honda to discontinue Acura EV assembled by GM in US Read More »

Japan’s Tokio Marine and OpenAI to partner on developing AI agents, Nikkei reports

24 Sep 2025

(Reuters) -Japanese insurer Tokio Marine Holdings is partnering with OpenAI to develop AI agents that use in-depth data analysis to improve product planning and field customer inquiries, the Nikkei newspaper reported on Wednesday. Under the tie-up, a unit of Tokio Marine will use OpenAI’s deep research tool to formulate strategies for sales branch offices across …

Japan’s Tokio Marine and OpenAI to partner on developing AI agents, Nikkei reports Read More »

China’s commerce minister urges compliance in meeting with Chinese firms in US

24 Sep 2025

(Reuters) -China’s Commerce Minister Wang Wentao urged some Chinese firms operating in the United States to attach importance to diversified strategies and compliance in a meeting with them on Tuesday in New York, according to a ministry statement. China’s commerce ministry will strive to stabilise China-U.S. economic and trade cooperation and safeguard Chinese firms’ legitimate …

China’s commerce minister urges compliance in meeting with Chinese firms in US Read More »

Close Bitnami banner
Bitnami