By Kevin Yao BEIJING (Reuters) -China’s economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth. The world’s No. 2 economy has so far avoided …
China’s economy set to slow in Q2 as pressure from US tariffs mounts Read More »
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist World markets were, on the whole, pretty buoyant on Monday as investors shrugged off U.S. President Donald Trump’s latest tariff threats over the weekend and braced for a deluge of top-tier economic data from the U.S. and …
WASHINGTON (Reuters) -China-based lidar manufacturer Hesai Group appealed a ruling on Monday upholding a U.S. government decision to add it to a list of companies allegedly working with Beijing’s military. U.S. District Judge Paul Friedman in Washington ruled on Friday that the Defense Department’s finding that Hesai contributes to the Chinese defense industrial base is …
China-based Hesai appeals ruling over US linking firm to Chinese military Read More »
-The growth of global smartphone shipments slowed in the second quarter as buyers, wary of U.S. tariff-driven economic uncertainty, curbed spending, especially on low-end devices, data from research firm International Data Corp showed on Monday. Shipments increased by 1% in the April-June quarter to 295.2 million units, according to the preliminary data, slower than the …
Global smartphone shipments growth slows in Q2 as tariff uncertainty weighs Read More »
By Lisa Barrington and Abhijith Ganapavaram SEOUL/NEW DELHI (Reuters) -South Korea is preparing to order all airlines in the country that operate Boeing jets to examine the fuel switches at the centre of an investigation into a deadly Air India crash that killed 260 people. Fuel switch locks have come under scrutiny after a 2018 …
South Korea to order airlines to check Boeing fuel switches, Air India inspects fleet Read More »
BEIJING (Reuters) -China’s market regulator has conditionally approved U.S. chip design software provider Synopsys’ acquisition of engineering design firm Ansys, clearing the last significant regulatory obstacle for the $35 billion buyout. The State Administration for Market Regulation’s (SAMR) conditional approval, which came on Monday, would finally allow two major players in the electronic design automation …
China gives conditional nod to Synopsys-Ansys deal, removing last major hurdle Read More »
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May’s total, and beating analysts’ forecasts, helped by stimulus measures and a trade truce with the United States. Analysts polled by Reuters had predicted new yuan loans would reach 1.8 trillion …
China’s June new yuan loans beat forecast after stimulus and trade truce Read More »
By Jeslyn Lerh SINGAPORE (Reuters) -Sales of marine bunker fuel in Singapore dipped slightly in the first half of 2025, official data showed on Monday, as shipping uncertainties in the wake of global tariffs capped demand, particularly in the first quarter. Total sales at the world’s largest refuelling hub for ships stood at 26.98 million …
Singapore’s first-half 2025 bunker sales dip as shipping uncertainties cap demand Read More »
JAKARTA (Reuters) -Indonesia’s finance ministry will require e-commerce platforms to collect and pass on an income tax on sales made by small- and medium-sized sellers, according to new regulations published on Monday. Platforms that meet certain criteria must withhold and pass on a 0.5% tax on sales made by sellers with an annual turnover of …
Indonesia to require e-commerce platforms to collect tax on sellers Read More »
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Japanese households’ inflation expectations held steady in the three months to June, a Bank of Japan survey showed on Monday, a sign the country was making progress in durably achieving the central bank’s 2% inflation target. While the survey adds to recent growing evidence that companies are …
Japan households’ inflation expectations steady, on track to hit BOJ goal Read More »
