Reuters Asia Business

BANGKOK (Reuters) -Thailand’s industrial sentiment fell for a fifth straight month in July, hitting a three-year low on concerns over the impact of U.S. tariffs and the border conflict with Cambodia, the Federation of Thai Industries said on Tuesday. The survey was conducted before the United States set tariffs on Thai imports at 19%, which was …

Thai industrial sentiment drops to 3-year low in July on U.S. tariffs Read More »

By Leika Kihara and Takaya Yamaguchi TOKYO (Reuters) -Japan must raise interest rates and get its fiscal house in order to strengthen a weak yen that has pushed up inflation and brought pain to households, veteran ruling party lawmaker Taro Kono told Reuters on Tuesday. The Bank of Japan (BOJ) ended a massive, decade-long stimulus …

Japan must raise rates, get fiscal house in order, says veteran lawmaker Kono Read More »

By Joe Cash and Colleen Howe BEIJING (Reuters) -China’s efforts to curb industrial overcapacity face their first test in the indebted and bloated polysilicon sector, a key cog in solar cell production, where analysts say it is easiest for Beijing to intervene but still difficult to succeed. Under the plan, devised by industry players in …

Analysis-China’s overcapacity crackdown faces litmus test in solar sector Read More »

By Che Pan and Brenda Goh BEIJING (Reuters) -China’s Lenovo Group announced plans on Tuesday to set up a regional headquarters in Saudi Arabia, aiming to strengthen its presence in the Middle East. It has appointed a Lenovo veteran Lawrence Yu as the head of the new headquarters in Saudi Arabia, the Chinese PC maker …

Chinese PC maker Lenovo to set up regional headquarters in Saudi Arabia Read More »

BEIJING/SHANGHAI (Reuters) -China is expected to keep benchmark lending rates unchanged for the third straight month in August this week, a Reuters survey showed, despite a string of recent economic data suggesting the economy might lose some momentum. Rather than resorting to broad-based monetary easing, the central bank may instead place greater emphasis on structural …

China expected to keep benchmark lending rates unchanged Read More »