HONG KONG (Reuters) -Hong Kong’s seasonally adjusted unemployment rate held steady at 3.7% in June to August as compared with the previous three-month period with increases in food and beverage service and manufacturing sectors and decreases in construction, the government said on Tuesday. “While the business situations of certain sectors will continue to weigh on …
Hong Kong’s June-August unemployment holds steady at 3.7% Read More »
By Ariba Shahid KARACHI (Reuters) -Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, which a company source said is its first such for the period in about two decades, ahead of a planned sale of the national carrier later this year. PIA, part of PIA Holding Company, recorded a …
Pakistan’s PIA swings to H1 profit as privatisation push gathers pace Read More »
By Cynthia Kim SEOUL (Reuters) – South Korea’s monetary policy board said the economy needs more policy interest rate cuts in the coming weeks to address the hit to growth from U.S. tariffs, minutes from the bank’s meeting showed, although household debt growth remains a concern. The Bank of Korea’s monetary policy board voted at …
BEIJING (Reuters) -China’s steel exports are set to hit an all-time high this year, defying predictions that unprecedented trade barriers would drive down shipments, and threaten to provoke an even fiercer protectionist backlash against the world’s dominant producer. Exports will grow 4% to 9% this year to hit between 115 million and 120 million metric …
Analysis-China steel exports poised for record high, risking further tariff backlash Read More »
By Jonathan Saul LONDON (Reuters) -U.S. President Donald Trump’s administration is on a mission to weaken China’s global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan. The drive is part of the most ambitious effort to expand U.S. maritime influence since the 1970s and …
U.S. targets China’s grip on global ports in sweeping maritime mission Read More »
SEOUL (Reuters) -South Korea’s presidential office said on Tuesday that tariff talks with the U.S. have been stalled for a while, but President Lee Jae Myung is determined not to force Korean companies to sustain losses by rushing to sign a trade deal. The countries have been struggling to overcome obstacles to finalise a trade …
South Korea presidential office says tariff talks with US stalled Read More »
BANGKOK (Reuters) -Thailand’s foreign tourist arrivals from January 1 to September 14 fell 7.08% from the same period a year earlier, the Tourism Ministry said on Tuesday. There were about 23 million foreign visitors during the period, it said in a statement. Malaysia was the largest source market with 3.28 million visitors, followed by China …
Thailand records 7% y/y drop in foreign visitors so far in 2025 Read More »
(Reuters) -Australia’s Peak Rare Earths said on Tuesday it approved a takeover by Chinese rare earths producer Shenghe Resources, choosing deal certainty with its top shareholder over a higher but conditional U.S. offer. Under the agreement, Shenghe’s Singapore unit will buy all Peak shares it does not already own for A$0.443 cash per share, valuing …
(Reuters) – Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the U.S. and China is finalized, CBS News reported on Monday. Reuters could not immediately confirm the report. The precise structure of the deal was not clear, the report said, …
Oracle among firms to enable TikTok to continue US operations, CBS News reports Read More »
By Nicholas P. Brown NEW YORK/TOKYO (Reuters) -The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Tadashi Yanai, Japan’s richest man and the chief executive of Uniqlo operator Fast Retailing, has been outspoken on the potential economic damage from …
Uniqlo founder Yanai says US may suffer most from tariffs Read More »
