BANGKOK (Reuters) -Thailand’s foreign tourist arrivals from January 1 to July 13 fell 5.62% from the same period a year earlier, the Tourism Ministry said on Tuesday. There were about 17.75 million foreign visitors during the period, it said in a statement. Malaysia was the largest source market with 2.46 million visitors, followed by China …
Thailand tourist arrivals drop 5.62% y/y so far in 2025 Read More »
(Reuters) – China’s economy grew at a slightly faster pace than expected in the second quarter, showing resilience in the face of U.S. tariffs, though analysts warn of intensifying headwinds that will ramp up pressure on policymakers to roll out more stimulus. Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the …
Instant view: China’s Q2 GDP grows 5.2% y/y, above market forecast Read More »
HANOI (Reuters) -SpaceX is expected to launch Starlink satellite internet services in Vietnam from the fourth quarter of this year, state media cited a government official as saying on Tuesday. “The Ministry of Science and Technology aims to license the pilot services using low-orbit satellites immediately after the investor completes investment procedures and establishes a …
SpaceX expected to launch Starlink services in Vietnam from fourth quarter Read More »
By Jeslyn Lerh SINGAPORE (Reuters) -Lacklustre fuel demand at top global ship refuelling hub Singapore is squeezing margins for bunker suppliers and prompting some to pare back barge operations, industry sources said. Marine fuel sales in key refuelling ports globally have slowed this year as the shipping sector grapples with uncertainty over geopolitics and trade …
Weak bunker margins prompt Singapore suppliers to curb fleets, sources say Read More »
By Sam Li and Lewis Jackson (Reuters) -China’s crude oil throughput in June rose 8.5% from a year earlier, official data showed on Tuesday, as state-owned refineries increased operations and saw a recovery in profit, according to consultancies. The world’s second-largest oil consumer processed 62.24 million metric tons of crude in June, or about 15.15 …
China’s June oil throughput surges as state-owned refineries ramp up operations Read More »
By Wen-Yee Lee TAIPEI (Reuters) -TSMC, the world’s main producer of advanced AI chips, is expected to post a 52% jump in second-quarter profit to record levels, though U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Artificial intelligence-related demand continues to boom and while foundry industry revenue will probably grow 17% …
TSMC quarterly profit seen soaring to record but Trump tariffs, forex a concern Read More »
BEIJING (Reuters) -BMW Group announced on Tuesday that it would join hands with Chinese autonomous driving firm Momenta to develop advanced driving assistance technology specifically for the China market. The co-developed system will cover highways and urban roads and be used in multiple models, BMW said in a statement. (Reporting by Beijing newsroom; Editing by …
BMW partners with Momenta to co-develop China-tailored driving assistance tech Read More »
HONG KONG (Reuters) -China Vanke, a state-backed property developer under liquidity stress, forecast a wider net loss of up to 12 billion yuan ($1.67 billion) for the first six months, hurt by a sharp drop in project settlements, low profit margins and extra provisions. Vanke’s expected loss of 10 billion yuan to 12 billion yuan …
China Vanke expects up to $1.7 billion net loss in H1 Read More »
BEIJING (Reuters) -Property investment in China declined 11.2% in the first half of the year from the same period last year, after slumping 10.7% in January-May, official data showed on Tuesday. Property sales by floor area fell 3.5% year-on-year, compared with a 2.9% drop in the first five months of the year. New construction starts …
China’s property investment falls 11.2% y/y in January-June Read More »
BEIJING (Reuters) -China’s industrial output grew 6.8% year-on-year in June, quickening from the 5.8% pace in May and beating forecasts, but retail sales growth slowed down, official data showed on Tuesday. The industrial output data, released by the National Bureau of Statistics (NBS), beat expectations for a 5.7% increase in a Reuters poll and marked …
China’s June factory output beat f’cast, retail sales slow Read More »
