Reuters Asia Business

By Francesco Guarascio HANOI (Reuters) -U.S. tariffs imposed in August risk slashing up to one-fifth of Vietnam’s exports to the United States, making it the worst-hit country in Southeast Asia, according to estimates by the United Nations Development Programme. Vietnam was the world’s sixth-largest exporter to America last year with $136.5 billion worth of shipped …

Hardest-hit Vietnam risks losing $25 billion from US tariffs, UN estimates Read More »

By Ben Blanchard TAIPEI (Reuters) -In an arms market long dominated by the United States, Europe raised its profile at Taiwan’s largest defence show last week as countries there take tentative steps to help the island deal with an increasingly aggressive China. Democratically governed Taiwan has traditionally relied on the United States for most of …

Europe emerges from the shadows at Taiwan’s largest defence show Read More »

TOKYO (Reuters) -Nissan Motor said on Monday it has started testing a new driver-assistance system that uses technology from British startup Wayve, ahead of a planned launch in Japan in the 2027 financial year. The Japanese automaker demonstrated the system in Tokyo earlier this month using Ariya electric vehicles equipped with advanced collision avoidance features …

Nissan showcases assisted driving system using UK startup Wayve’s technology Read More »

SHANGHAI (Reuters) -China kept its benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following the central bank’s decision to hold a main policy rate steady last week. WHY IT’S IMPORTANT The steady loan prime rate (LPR) fixings reflect the authorities cautious approach to monetary easing amid easing …

China keeps lending rates unchanged in Sept as trade tensions ease Read More »

SHANGHAI (Reuters) -China is expected to leave benchmark lending rates unchanged for the fourth month in a row on Monday, a Reuters survey showed, after the central bank kept a key policy rate steady following the U.S. Federal Reserve’s rate cut. Despite a string of recent data suggesting the Chinese economy is losing momentum, authorities …

China expected to leave benchmark lending rates unchanged Monday despite Fed easing Read More »

By Ankur Banerjee, Karin Strohecker and Rae Wee SINGAPORE (Reuters) -Bank Indonesia’s rate cut this week stunned markets for all the wrong reasons – investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah selloff.  Global investors have been increasingly nervous …

Indonesia’s surprise rate cut, growth gambit put rupiah in the crosshairs Read More »

BEIJING (Reuters) -China stuck to its stance on the future of TikTok in the U.S. on Saturday, a day after President Donald Trump said a deal to switch short video app TikTok to U.S.-controlled ownership was progressing. “China’s position on TikTok is clear: The Chinese government respects the wishes of the enterprise, and welcomes it …

China sticks to its stance on TikTok’s US future after Trump call Read More »