Reuters Asia Business

By David Shepardson WASHINGTON (Reuters) -The chair of a U.S. House of Representatives committee on China on Thursday called on the Trump administration to restrict or suspend Chinese airline landing rights in the U.S. unless Beijing restores full access to rare earths and magnets. Representative John Moolenaar, a Republican, also said the U.S. should review …

US lawmaker wants Trump to restrict Chinese flights over rare earths access Read More »

NEW YORK (Reuters) -The oneworld Alliance, an airline group with 15 members ranging from American Airlines to Qantas Airways, is considering an Indian airline partner as the market continues to grow, its chief executive said. “India is a market that we collectively have interest in finding somebody,” CEO Nat Pieper told Reuters on Thursday, following …

oneworld Alliance considers Indian partner as market expands Read More »

(Reuters) -President Donald Trump told Fox News on Thursday that it sounded like China had approved a deal on TikTok, after announcing an agreement earlier this week with China that would keep the short-video app operating in the U.S. “We had a very good meeting the other day, and it sounds like they’ve approved TikTok,” …

Trump says it sounds like China has approved TikTok deal Read More »

By David Lawder (Reuters) -U.S. Treasury Secretary Scott Bessent said he views China’s yuan valuation as a bigger problem for Europe than the United States, as the currency has risen against the dollar but has declined against the euro.    Bessent said in an interview with Reuters and Bloomberg in Madrid, following U.S.-China talks on trade …

Bessent says China’s yuan rate is bigger problem for Europe than US Read More »

LONDON (Reuters) -U.S. President Donald Trump on Thursday said the United States was close to a deal with China to transfer ownership of social media platform TikTok to U.S. companies, but might extend a deadline for the divestiture of Chinese ownership. “We’re pretty close to a deal. We may do an extension with China but …

Trump says US may extend deadline on TikTok sale Read More »

SEOUL (Reuters) -The Bank of Korea plans to expand its forward guidance scheme by offering a dot plot of the likely path of future interest rates to better communicate monetary policy to market participants, Governor Rhee Chang-yong said on Thursday. Such a scheme would expand on the current one, in which Rhee verbally reveals the …

S.Korea central bank to expand forward guidance on policy rate path Read More »