Reuters Asia Business

SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 0.6% in June from a year earlier, official data showed on Wednesday, lower than economists’ forecasts. The core inflation rate, which excludes private road transport and accommodation costs, compared with a forecast of 0.7% in a Reuters poll of economists.  Headline inflation was 0.8% in annual terms …

Singapore’s core inflation rises 0.6% y/y in June, lower than poll forecast Read More »

TAIPEI (Reuters) -Taiwan plans to launch its “Ten Major AI Infrastructure Projects” initiative, aimed at generating more than T$15 trillion ($510 billion) in economic value by 2040 as it strives to become a global leader in artificial intelligence. Premier Cho Jung-tai said in a Facebook post late on Tuesday that Taiwan aims to leverage its …

Taiwan plans AI projects to boost economy by $510 billion Read More »

BEIJING (Reuters) -Alibaba Group announced on Wednesday the launch of Qwen3-Coder, an open-source artificial intelligence model for software development that the Chinese e-commerce giant described as its most advanced coding tool to date. The launch comes amid intensifying competition among Chinese technology companies in the global AI development race, with firms on both sides of …

Alibaba launches open-source AI coding model, touted as its most advanced to date Read More »

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%, the two countries said on Tuesday. Trump hailed the deal, which he …

Indonesia to cut tariffs, non-tariff barriers in US trade deal Read More »

By Yuka Obayashi TOKYO (Reuters) -Japan has launched an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and Taiwan, its trade and finance ministries said on Tuesday. The move follows a petition filed on May 12 by Nippon Steel and other domestic manufacturers, who claim they have been forced to …

Japan launches anti-dumping probe into stainless steel sheets from China, Taiwan Read More »

By Leika Kihara TOKYO (Reuters) -Japan’s election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war provide compelling reasons to go slow on rate hikes. Lingering political uncertainty may also weaken the yen and push …

How Japan’s election outcome muddles the BOJ’s policy path Read More »