Reuters Asia Business

Japan to launch new spacecraft to resupply International Space Station in October

22 Aug 2025

(Corrects to say HTV-X was built jointly by Mitsubishi Heavy Industries and Mitsubishi Electric, not just Mitsubishi Electric) TOKYO (Reuters) -Japan Aerospace Exploration Agency will launch its new uncrewed cargo spacecraft HTV-X to resupply the International Space Station on October 21, it said on Friday. HTV-X, the new orbital transport vehicle built jointly by Mitsubishi …

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Taiwan’s Yageo sweetens offer for Japan’s Shibaura, security clearance key

22 Aug 2025

By Kantaro Komiya and Makiko Yamazaki TOKYO (Reuters) -Taiwan’s Yageo on Thursday raised its tender offer price for Japan’s Shibaura Electronics by 7% to 6,635 yen a share to outbid a rival offer as it awaits national security clearance from the Japanese government. Yageo’s move further intensifies the takeover battle with Japanese components maker Minebea …

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South Korea’s Lee says plans record $25 billion govt spending on research in 2026

22 Aug 2025

SEOUL (Reuters) -South Korean President Lee Jae Myung said on Friday the government planned to boost research spending by nearly a fifth to a record 35.3 trillion won ($25.23 billion) in 2026 to help drive the development of artificial intelligence technologies. In televised remarks, Lee said South Korea had managed to transform into an industrial …

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Nvidia asks Foxconn to suspend work for H20 chip, sources say

22 Aug 2025

BEIJING (Reuters) -Nvidia has asked Foxconn to suspend work on the H20 AI chip, the most advanced product the U.S. company is currently permitted to sell to China, two people briefed on the matter said. Foxconn, formally known as Hon Hai Precision Industry Co Ltd, handles backend processing work as one of Nvidia’s component suppliers …

Nvidia asks Foxconn to suspend work for H20 chip, sources say Read More »

Trump administration is not eyeing equity in TSMC, Micron, official says

22 Aug 2025

By David Shepardson WASHINGTON (Reuters) -The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no similar plans for bigger firms boosting U.S. investments, such as TSMC and Micron, a White House official told Reuters. The official confirmed a Wall Street Journal report that the administration …

Trump administration is not eyeing equity in TSMC, Micron, official says Read More »

Japan’s core inflation slows in July, stays above BOJ target

22 Aug 2025

By Makiko Yamazaki TOKYO (Reuters) -Japan’s core inflation slowed for a second straight month in July but stayed above the central bank’s 2% target, keeping alive market expectations for another interest rate hike in the coming months. The nationwide core consumer price index (CPI), which excludes fresh food items, rose 3.1% in July from a …

Japan’s core inflation slows in July, stays above BOJ target Read More »

Nvidia orders suppliers to halt work on China-focussed H20 AI chip, The Information says

22 Aug 2025

(Reuters) -Nvidia has told some component suppliers to suspend production of its H20 AI chip, designed specifically for the Chinese market, the Information reported on Thursday, citing two people with direct knowledge of the communications. According to the report, Nvidia instructed Arizona-based Amkor Technology to stop production of the H20 chips this week and also …

Nvidia orders suppliers to halt work on China-focussed H20 AI chip, The Information says Read More »

South Korea turns to culture in search of next fillip for growth

22 Aug 2025

By Jihoon Lee SEOUL (Reuters) -South Korean entertainment companies riding the Korean Wave, or Hallyu, are scrambling to widen their global reach as Asia’s fourth-largest economy bets on cultural exports at a time of growing protectionist barriers for traditional manufacturers. Although growing fast from a low base, thanks to substantial government support and high visibility …

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Saskatchewan premier to go to China in bid to end canola tariffs

22 Aug 2025

By David Ljunggren and Ed White OTTAWA (Reuters) -Scott Moe, premier of the major grain-growing Canadian province of Saskatchewan, said on Thursday he will travel to China soon for talks to persuade Beijing to drop new tariffs on canola. China hit Canadian canola seed imports with preliminary 75.8% duties last week following an anti-dumping investigation, …

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