By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -The Bank of Japan’s plan to gradually raise interest rates is broadly in line with the government’s thinking on economic policy, Yoshimasa Hayashi, top government spokesperson and a contender to become next prime minister, told Reuters. Asked whether he was concerned that any interest rate cuts by …
Japan PM contender Hayashi backs BOJ rate-hike strategy Read More »
By Dawn Chmielewski and David Shepardson WASHINGTON (Reuters) -President Donald Trump said on Sunday that media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell would be involved as U.S. investors in a proposed deal to keep TikTok operating in the United States. Trump has said that the United States and China have …
Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal, Trump says Read More »
JAKARTA (Reuters) -Indonesia’s state-run tin miner PT Timah is optimistic that it can reach its output target of 21,500 metric tons this year, despite weak production in the first half, its chief executive Restu Widiyantoro told a parliamentary hearing on Monday. He said a task force cracking down on illegal tin mining in Timah’s mining …
BEIJING (Reuters) -China’s internet regulator on Monday declared a two-month nationwide campaign to curb any online content that promotes violent or hostile sentiment in society. Even pessimistic comments about the slowing economy will not be spared. The campaign follows recent disciplinary actions against major platforms including short-video app Kuaishou, microblogging site Weibo and Instagram-like Xiaohongshu, …
China cracks down on online content inciting hostility, pessimism Read More »
BANGKOK (Reuters) – Thailand’s new government is setting up a multi-agency team to counter the baht’s rise to four-year highs, which is a risk for the key economic drivers of tourism and exports, and said on Monday it also wanted to urgently tackle high debt levels. Finance Minister Ekniti Nitithanprapas said a team including people …
New Thai government sets up team to tackle strong baht, targets debt burden Read More »
By Danial Azhar KUALA LUMPUR (Reuters) -A large but loose Asian trade bloc that includes China, the Regional Comprehensive Economic Partnership, will consider adding new members and finding ways to boost trade when its leaders meet next month, the Malaysian hosts said on Monday. Malaysia plans to hold a summit of the RCEP, the world’s …
China-backed Asian trade bloc looks to expand, upgrade deal Read More »
HONG KONG (Reuters) -Chinese-controlled container line Sea Legend will launch the first direct China-Europe route via the Arctic this week, the Global Times reported on Monday, in a move set to almost halve express shipping times between the two locations. Sea Legend will send its first ship via the North Sea Route (NSR) on September …
Company launches China-Europe shipping route, Global Times says Read More »
BEIJING (Reuters) -Chinese automaker FAW signed a deal to buy into local driving assistance technology firm Zhuoyu, the country’s market regulator said on Monday in a notice seeking public comment on the investment through October 1. FAW plans to acquire holdings now held by New Territory Technology Company. After the deal, FAW will take a …
Chinese automaker FAW signs deal to acquire stake in Zhuoyu Read More »
HANOI (Reuters) -Vietnam’s flagship carrier Vietnam Airlines is planning to add 30 more wide-body jets to its fleet through lease or purchase, it said in an announcement to suppliers released on Monday. The actual delivery for agreed contracts will take place from 2028 to 2030, it said. Boeing 787-9 or Airbus A350-900 are the two …
Vietnam Airlines plans to add 30 more wide-body jets to its fleet Read More »
By Alessandro Parodi and Javi West Larrañaga BARCELONA (Reuters) -When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China’s BYD – swayed by a price nearly 10,000 euros cheaper than European rivals. The 51-year-old Spanish excavator operator wanted something cheap and versatile for city drives and trips to …
China’s BYD makes gains in Spain with low EV prices, fast expansion Read More »
