Reuters Asia Business

CATL’s Yichun lithium mine expected to resume production soon, Securities Times reports

9 Sep 2025

BEIJING (Reuters) – Chinese battery giant Contemporary Amperex Technology (CATL) is expected to soon resume production at a lithium mine in Yichun in southern China’s Jiangxi province, state media Securities Times reported on Tuesday. CATL suspended operations at the Jianxiawo lithium mine after a licence expired on August 9, sparking a surge in lithium futures …

CATL’s Yichun lithium mine expected to resume production soon, Securities Times reports Read More »

Chinese robotics firm Unitree eyeing $7 billion IPO valuation, sources say

9 Sep 2025

By Kane Wu and Julie Zhu HONG KONG (Reuters) – China’s Unitree Robotics is looking at a company valuation of as much as 50 billion yuan ($7 billion) for its planned initial public offering, two people with knowledge of the plans of one of the country’s newest and most high-profile startups said. Unitree’s robots captured …

Chinese robotics firm Unitree eyeing $7 billion IPO valuation, sources say Read More »

China’s luxury automaker Hongqi to launch 15 models in Europe by 2028

9 Sep 2025

By Nick Carey MUNICH (Reuters) -Chinese luxury automaker Hongqi said on Tuesday that it would launch 15 electric and hybrid models in Europe by 2028 across 25 different markets as it also unveiled the EHS5, a compact electric SUV. Hongqi, or Red Flag, known as former state leader Chairman Mao Zedong’s favoured car brand, already …

China’s luxury automaker Hongqi to launch 15 models in Europe by 2028 Read More »

TotalEnergies, South Korea’s KOGAS sign 10-year LNG supply deal

9 Sep 2025

By America Hernandez (Reuters) – TotalEnergies has signed an agreement to supply South Korea’s KOGAS with 1 million metric tons of liquefied natural gas (LNG) per year for 10 years starting in 2027, the French oil major said on Tuesday. The deal between the world’s third-largest LNG player and the world’s largest LNG importing company …

TotalEnergies, South Korea’s KOGAS sign 10-year LNG supply deal Read More »

US sanctions billion-dollar cyber scam networks in Myanmar and Cambodia

9 Sep 2025

(Reuters) -The United States imposed sanctions on cyber scam operators in Myanmar and Cambodia on Tuesday, a booming industry the U.S. says stole tens of billions from Americans last year, according to a Treasury Department statement. Criminal networks have trafficked hundreds of thousands of people into Southeast Asian scam compounds, especially along the Thai-Myanmar border, where they …

US sanctions billion-dollar cyber scam networks in Myanmar and Cambodia Read More »

Taiwan August exports beats forecasts to hit record level despite tariffs

9 Sep 2025

By Faith Hung and Jeanny Kao TAIPEI (Reuters) -Taiwan’s exports in August grew more than expected to a record level, as strong demand for AI and tech outweighed the start of 20% tariffs imposed on the island’s goods by the United States. Exports rose 34.1% from a year earlier to $58.49 billion, the finance ministry …

Taiwan August exports beats forecasts to hit record level despite tariffs Read More »

Vietnam exports to U.S., imports from China fall in August after tariffs take effect

9 Sep 2025

HANOI (Reuters) -Vietnam’s exports to the United States fell 2% in August from July to $13.94 billion, Vietnamese customs data showed on Tuesday, as a tariff of 20% on shipments to the United States took effect. Imports from China also fell 2% in August from July, the Customs Department said. The Trump administration has repeatedly …

Vietnam exports to U.S., imports from China fall in August after tariffs take effect Read More »

Analysis-Japan scales up batteries but companies worry rule changes may curb growth

9 Sep 2025

By Katya Golubkova, Yuka Obayashi and Sudarshan Varadhan TOKYO (Reuters) -Investors are pouring billions of dollars into Japan’s nascent electricity storage market as power demand is growing after a long decline, but changes proposed to smooth the flow of energy onto the grid and to lower prices threaten to curb returns. Japan, which relies on …

Analysis-Japan scales up batteries but companies worry rule changes may curb growth Read More »

China accuses Dior’s Shanghai branch of illegal data transfer

9 Sep 2025

BEIJING (Reuters) – Dior’s Shanghai branch has transferred customers’ personal data to its headquarters in France illegally, leading to a data leak in May, China’s public security authority said on Tuesday. The company did not conduct required security assessments before transferring data overseas, and it did not notify users or encrypt the data according to …

China accuses Dior’s Shanghai branch of illegal data transfer Read More »

Nikkei ends lower on yen strength, profit-taking after crossing 44,000

9 Sep 2025

By Rocky Swift and Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average ended lower on Tuesday, dragged by a stronger yen and profit-taking after the index climbed past the key 44,000 mark earlier in the session. The Nikkei 225 Index surged as much as 1.24% to an unprecedented 44,185.73 before closing 0.4% lower at …

Nikkei ends lower on yen strength, profit-taking after crossing 44,000 Read More »

Close Bitnami banner
Bitnami