Reuters Asia Business

China commerce minister discussed foreign investment, AI at meet with Nvidia CEO

18 Jul 2025

By Che Pan and Casey Hall BEIJING (Reuters) -China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers, the ministry said in a statement. Huang said the Chinese market was very attractive, and Nvidia was …

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Factbox-Foreign firms’ executives entangled in Chinese probes

18 Jul 2025

BEIJING (Reuters) -U.S. bank Wells Fargo has suspended all travel to China after one of its employees was barred from leaving the country, a source said, extending a trend of foreign executives caught up in probes by authorities that has chilled business sentiment. Below are some other recent examples: – A Beijing court this week …

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RHB Bank’s Singapore unit key to regional growth plan, targets

18 Jul 2025

SINGAPORE (Reuters) -RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets which include hitting a return on equity of 12% by 2027, a senior executive said on Friday. Singapore’s low taxes, political stability and its location as a gateway to the growing …

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Thailand expects similar tariffs to other regional countries, minister says

18 Jul 2025

BANGKOK (Reuters) -Thailand expects to receive U.S. tariff rates by August 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative. Thailand faces a 36% tariff from Washington if a deal cannot be reached before August 1. The …

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China’s spy agency attacks foreign efforts to ‘steal’ rare earths

18 Jul 2025

BEIJING (Reuters) -China’s Ministry of State Security on Friday said foreign spy agencies had tried to “steal” rare earths and pledged to crack down on infiltration and espionage targeted at its critical mineral sector. Foreign intelligence agencies and their agents had colluded with “domestic lawbreakers” to steal rare earth-related items from China, posing a serious …

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Malaysia’s economy grew 4.5% y/y in Q2, advance estimates show

18 Jul 2025

KUALA LUMPUR (Reuters) -Malaysia’s economy grew 4.5% in the second quarter from a year earlier, official advance estimates showed on Friday, sustaining the pace of the previous quarter as strong domestic consumption and steady manufacturing growth offset a slowdown in exports. In the first quarter, gross domestic product growth grew an annual 4.4%, slowing from the end-2024 …

Malaysia’s economy grew 4.5% y/y in Q2, advance estimates show Read More »

Japan’s core inflation slows but stays above BOJ target, keeps hike bets alive

18 Jul 2025

By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Japan’s core inflation slowed in June but stayed above the central bank’s 2% target for well over three years, highlighting lingering price pressures that back market expectations for further interest rate rises. The data underscores the challenge the Bank of Japan (BOJ) faces in balancing mounting inflationary …

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Trading Day: Econ surprise, Wall Street’s new highs

17 Jul 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY  Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday, pushing to the back of investors’ minds President Donald Trump’s attacks on Fed Chair Jerome Powell and lifting …

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