Reuters Asia Business

By Yi-Chin Lee and Ann Wang CHANGHUA, Taiwan (Reuters) -Entrepreneur Nelson Yang is reaching back into Taiwan’s history to turn the humble banana plant into an unlikely sustainable textile. Taiwan is now the world’s dominant producer of advanced semiconductors but the yellow fruit, still widely grown on the island, was once a source of patriotic …

Bananas? Taiwan entrepreneur wants to make clothes out of plant material Read More »

(Reuters) – Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the matter. A potential transaction may value the assets at several billion dollars, the report said, adding that the considerations are preliminary and …

GE Healthcare exploring stake sale in China unit, Bloomberg News reports Read More »

By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s central bank on Thursday raised its economic growth forecast for the year, hailing booming exports, but warned that the impact of U.S. tariffs could be damaging enough to prompt a change in monetary policy going forward. Taiwan’s role as a major producer of advanced semiconductors …

Taiwan central bank raises growth forecast, warns of tariff risks Read More »

By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s parliament moved a step closer on Thursday to approving an even bigger spending allocation and a wider fiscal deficit forecast for President Prabowo Subianto than he had sought for the 2026 budget. Anti-government protests that began in August have unsettled financial markets, leaving investors watching Indonesia’s fiscal plans …

Indonesian parliament set to approve bigger 2026 budget for Prabowo Read More »

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -Taiwan opened its largest arms fair on Thursday, with about double its previous number of exhibitors, as firms flock for a slice of the island’s increased defence spending at a time when it is looking to expand international military cooperation. Democratically-governed Taiwan is racing to bolster its …

Taiwan’s spending bonanza draws more foreign firms to its largest arms show Read More »

(Reuters) – Hyundai Motor is recalling 568,580 Palisade vehicles in the U.S., over an issue with the seat belt buckles which may not properly secure passengers in a crash, the U.S. autos safety regulator said on Thursday. The recall affects certain 2020-2025 model year Palisade vehicles, the National Highway Traffic Safety Administration said. Customers are …

Hyundai Motor to recall over 568,500 US vehicles over seat belt issue Read More »