Reuters Asia Business

By Satoshi Sugiyama TOKYO, Dec 8 (Reuters) – Japan’s economy contracted faster than initially estimated in the three months through September, primarily due to new data dragging down capital spending figures, though economists said the blip is not enough to sway the central bank. Gross domestic product shrank an annualised 2.3% rather than 1.8%, the …

Japan’s Q3 GDP contraction worsens on weak capex; unlikely to sway BOJ on rate hike  Read More »

By Roshan Thomas and Nikita Maria Jino Dec 8 (Reuters) – Australia’s National Storage REIT said on Monday it has agreed to an A$4 billion ($2.65 billion) takeover offer by a consortium backed by Brookfield Asset Management and Singapore’s GIC, propelling its shares to a record high. The deal follows National Storage’s late-November disclosure that …

Australia’s National Storage vaults to a record after $2.65 billion Brookfield–GIC swoop Read More »

By Abhijith Ganapavaram, Aditya Kalra and Francis Mascarenhas MUMBAI/BENGALURU, Dec 6 (Reuters) – India’s aviation watchdog on Saturday warned airline IndiGo of regulatory action after it cancelled thousands of flights over the last week, stranding passengers and forcing government action to limit a surge in airfares caused by the crisis. The country’s biggest airline, IndiGo …

India warns IndiGo of regulatory action and takes action to cap airfare surge Read More »

By Foo Yun Chee BRUSSELS, Dec 5 (Reuters) – Europe is forging ahead with its crackdown on Big Tech, levying fines on Alphabet’s Google and Elon Musk’s X and opening new investigations, asserting its sovereign right to enforce its laws in defiance of U.S. President Donald Trump. Three months after hitting Google with an unexpectedly …

Analysis-Europe forges ahead with Big Tech crackdown with X fine, defying Trump Read More »

(Refiles to change wording in paragraph 2 to “cabal” rather than “conspiracy”; original quote in French referred to a “cabale”. No other changes to text.) By Florence Loeve PARIS, Dec 5 (Reuters) – Lawyers for Shein accused France of singling it out in a “crusade” against the Chinese online platform, in a Paris court hearing …

Shein hits back at French government in court hearing over sex dolls, weapons Read More »

By Khanh Vu and Francesco Guarascio HANOI, Dec 6 (Reuters) – Vietnam’s trade surplus with the United States, its main market, rose to $121.6 billion in the first 11 months of the year, official data showed on Saturday, as exports surged despite U.S. import tariffs imposed in August on Vietnamese goods. The Southeast Asian nation …

Vietnam’s trade surplus with US hits record as exports surge despite tariffs Read More »