Reuters Asia Business

Nasdaq unveils new listing rules to clamp down on stock manipulation, Chinese firms

4 Sep 2025

By Anirban Sen and Mrinmay Dey NEW YORK (Reuters) -Exchange operator Nasdaq is introducing stricter listing standards including a higher minimum public float for some new listings and a faster process to delist thinly traded companies, part of a broader effort to crack down on potential market manipulation. Nasdaq said in a statement on Wednesday …

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Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hike

4 Sep 2025

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% to a two-week low on Thursday on a surprise build in U.S. crude inventories last week and expectations that OPEC+ producers will increase output targets at a meeting this weekend. Brent crude futures fell 65 cents, or 1.0%, to settle at $66.95 a barrel, …

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Hitachi to invest $1 billion to produce power grid components in US

4 Sep 2025

By Laila Kearney NEW YORK (Reuters) -Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the country faces record electricity demand from Big Tech’s build-out of AI data centers. Hitachi’s announcement follows a push by the administration of U.S. President Donald Trump to …

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Mexico considering imposing tariffs on China, President says

4 Sep 2025

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China. The tariffs would be part of “Plan Mexico”, an initiative to boost domestic industry amid tariffs imposed by U.S. President Donald Trump on some …

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Floating oil facility arrives in Venezuela for China Concord’s project, sources say

4 Sep 2025

By Marianna Parraga and Chen Aizhu (Reuters) -The first new floating facility to produce crude at a $1 billion project operated by China Concord Resources Corp in Venezuela has arrived in Lake Maracaibo, the country’s second largest output region, according to two sources and images. The Chinese company, known as CCRC, is moving to ramp …

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India looking beyond US for pharma exports amid tariff tensions

4 Sep 2025

By Sriparna Roy and Rishika Sadam NEW DELHI (Reuters) -India is seeking to boost drug exports to semi-regulated markets in Africa, Latin America and Southeast Asia to reduce its dependence on the U.S., where tariff concerns pose risks, officials from a government-backed trade body told Reuters on Thursday. The Pharmaceuticals Export Promotion Council of India …

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Russia’s Nornickel says China payments problem persists after Xi-Putin meetings

4 Sep 2025

VLADIVOSTOK, Russia (Reuters) -Chinese banks are still delaying payments for Russian imports by up to four weeks, a senior executive at metals producer Nornickel said on Thursday, despite assurances from Russian officials that payment problems with China are easing. The problems with settlements with China and other Russian trade partners peaked last year as banks …

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Electric car maker VinFast’s quarterly loss widens due to heavy spending

4 Sep 2025

By Phuong Nguyen and Kritika Lamba (Reuters) -Vietnamese electric vehicle maker VinFast on Thursday reported a wider second-quarter net loss as it stepped up spending on expansion and marketing to support its ambitious growth strategy. The EV maker reported a net loss of $812 million for the quarter ended June 30, 15% wider than the …

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Nepal to block some social media including Facebook

4 Sep 2025

By Gopal Sharma KATHMANDU (Reuters) -Nepal said on Thursday it would block access to several social media platforms, including Facebook, after they failed to register with authorities in a crackdown on misuse. The government says users with fake IDs are spreading hatred and rumours, committing cyber crime, and disturbing social harmony via some platforms in …

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