Reuters Asia Business

Hyundai Motor to investigate employment practices by suppliers, contractors

6 Sep 2025

SEOUL (Reuters) -Hyundai Motor said on Friday that it will investigate the employment practices by suppliers and their subcontractors, after hundreds of workers at a Hyundai Motor car battery facility under construction in the state of Georgia were detained in a major raid by U.S. authorities. “We take our responsibility as a corporate citizen seriously, …

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China delays final ruling in canola dispute with top supplier Canada

5 Sep 2025

By Ella Cao and Lewis Jackson BEIJING (Reuters) -China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa’s tariffs on Chinese electric vehicles. The Ministry of Commerce said the anti-dumping probe would now run until March 9, 2026, citing …

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US plans restrictions on imports of Chinese drones and heavy-duty vehicles

5 Sep 2025

By David Shepardson WASHINGTON (Reuters) -The Trump administration plans to issue rules to restrict or potentially bar imports of Chinese drones and medium and heavy-duty vehicles after an earlier crackdown on cars and trucks, citing national security concerns. The U.S. Commerce Department on Friday said it plans to issue rules as soon as this month …

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Exclusive-Starbucks China valued at about $5 billion by bidders, sources say

5 Sep 2025

By Julie Zhu and Kane Wu HONG KONG (Reuters) -Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as $5 billion, said two people who have knowledge of the deal discussions.  That quotation would make a potential deal one of the most …

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Kazatomprom seeking more ventures abroad, tripling exploration

5 Sep 2025

By Eric Onstad LONDON (Reuters) -Kazatomprom, the world’s largest uranium producer, announced on Friday plans to triple its exploration activities in Kazakhstan and explore international expansion opportunities, following recent agreements with Jordan and Mongolia. The state-controlled company, which currently produces all of its uranium at home, but signed a deal last week with Jordan on …

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Factbox-China’s probes on EU products following EV tariffs

5 Sep 2025

(Reuters) -The Chinese commerce ministry has imposed anti-dumping measures on imports from the European Union, deepening trade tensions which spiked when the bloc imposed tariffs on China-made electric vehicles. In July, the EU introduced provisional tariffs of up to 37.6% on China-made EVs describing their imports as a potential flood of unfairly subsidised EVs. Below …

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China’s AI startup Zhipu offers plan for Claude AI users to migrate to its own model

5 Sep 2025

BEIJING (Reuters) -Chinese AI startup Zhipu said on Friday it will help users of Anthropic’s Claude AI services migrate to its own GLM-4.5 model, following a report that Anthropic will bar Chinese-run entities from using its AI services. Zhipu, in a post on its WeChat account, said that Claude application programming interface (API) users can …

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Exclusive-Major Japanese copper smelter to cut output, capacity as margins erode

5 Sep 2025

By Yuka Obayashi and Kentaro Okasaka TOKYO (Reuters) -JX Advanced Metals will likely cut copper production by tens of thousands of metric tons in fiscal 2025 compared with earlier plans and unveil a roadmap to reduce smelting capacity by March, President Yoichi Hayashi said, as shrinking fees erode margins. Japanese copper smelters are grappling with …

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