Reuters Asia Business

By Oliver Griffin SAO PAULO (Reuters) -China has approved imports of Brazilian sorghum, an official at Brazil’s Agriculture Ministry told Reuters, adding that the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many. China’s General Administration of Customs (GACC) wrote to Brazil saying that its …

China clears imports of Brazil sorghum, first cargo likely in 2025, says official Read More »

(Reuters) -Chipotle Mexican Grill plans to foray into Asia next year by opening restaurants in South Korea and Singapore, as the bowls and burritos maker seeks to expand its global footprint amid easing consumer spending on dining out in key U.S. market. The California-based company will open the restaurants through a joint venture with South …

Chipotle to enter Asia in 2026 with burrito chains in South Korea, Singapore Read More »

By Hyunjoo Jin and Norihiko Shirouzu (Reuters) -Some South Korean workers are decamping in droves from more of LG Energy Solution’s U.S. production sites because of visa concerns following last week’s immigration raid on its joint facility with Hyundai Motor, said two people familiar with the situation. LG Energy Solution has also asked its subcontractors …

Exclusive-South Koreans head home from more LGES US battery sites after raid, sources say Read More »

By Rodrigo Campos NEW YORK (Reuters) -Investors plowed nearly $45 billion into their emerging market equities and debt portfolios in August, the most in nearly a year, but a large outflow from EM stocks outside of China pointed to a change of sentiment among investors, according to a report from a banking trade group.  The …

EM portfolios funnel near $45 billion in August but cracks are showing, IIF says  Read More »

BRUSSELS (Reuters) -The European Union is very unlikely to impose crippling tariffs on India or China, the main buyers of Russian oil, as U.S. President Donald Trump has urged the bloc to do, EU sources said. An EU delegation, including the EU’s Russia sanctions chief, flew to Washington this week to discuss how the two …

EU is unlikely to hike tariffs on India, China at Trump’s request Read More »

By Roberto Samora SAO PAULO (Reuters) -A Chinese delegation is expected to visit the southern Brazilian state of Rio Grande do Sul which was hit by a bird flu outbreak in May, raising hopes Brazil may resume selling poultry products to its top buyer soon. Gilberto Tomazoni, CEO of the world’s largest meat company JBS, …

Chinese mission to visit Brazil state hit by bird flu outbreak, JBS CEO says Read More »