Reuters Asia Business Archives - Page 38 of 2133

China’s services growth slips to 5-month low in November, private PMI shows

3 Dec 2025 3 Dec 2025

By Liangping Gao and Ryan Woo BEIJING, Dec 3 (Reuters) – China’s services activity expanded at its slowest pace in five months in November, as growth in new orders softened despite a boost from foreign demand, according to a private survey released on Wednesday. The RatingDog China General Services PMI, compiled by S&P Global, slipped …

China’s services growth slips to 5-month low in November, private PMI shows Read More »

South Korea’s Doosan Bobcat in talks to buy Wacker Neuson

3 Dec 2025 3 Dec 2025

Dec 2 (Reuters) – Wacker Neuson said on Tuesday that South Korea’s Doosan Bobcat was in talks to buy a majority stake in the German construction equipment maker. Doosan Bobcat, a unit of Korean conglomerate Doosan, is in “advanced discussions” over an acquisition of around 63% of Wacker Neuson’s shares from major shareholders and a …

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South Korea Q3 GDP +1.3% q/q, faster than earlier estimate

3 Dec 2025 3 Dec 2025

SEOUL, Dec 3 (Reuters) – South Korea’s economy expanded by 1.3% in the third quarter, revised central bank data showed on Wednesday, faster than the bank’s earlier estimate of 1.2%. It was the fastest quarterly growth since the fourth quarter of 2021, when the economy grew by 1.6%. On an annual basis, gross domestic product …

South Korea Q3 GDP +1.3% q/q, faster than earlier estimate Read More »

Trading Day: Tech, Fed hopes do the heavy lifting

3 Dec 2025 3 Dec 2025

By Jamie McGeever ORLANDO, Florida, Dec 2 (Reuters) – World stocks rose on Tuesday, regaining their poise after wobbling the previous day and lifted by an extended upswing in tech and AI sentiment as investors also continued to wager the Federal Reserve will lower U.S. interest rates next week. More on that below. In my …

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Irish media regulator opens investigations into TikTok, LinkedIn

2 Dec 2025 2 Dec 2025

DUBLIN, Dec 2 (Reuters) – Ireland’s media regulator began investigations into TikTok and LinkedIn on Tuesday over concerns that their illegal content reporting mechanisms are not easy to access or do not allow people to report child sexual abuse material anonymously. The probes were opened by the regulator in its new role supervising the compliance …

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Citigroup faces $5 million bill to transport its lead from Singapore, sources say

2 Dec 2025 2 Dec 2025

By Pratima Desai LONDON, Dec 2 – Citigroup will move most of its lead stocks from Singapore to Malaysia or Taiwan at an estimated cost of $5 million due to limited storage space and a lack of lucrative rent deals, three sources said, three sources familiar with the matter said. The U.S. bank’s lead was …

Citigroup faces $5 million bill to transport its lead from Singapore, sources say Read More »

Chinese censors crackdown on online ‘doom-mongering’ of property sector

2 Dec 2025 2 Dec 2025

By Eduardo Baptista BEIJING, Dec 3 (Reuters) – The Shanghai branch of China’s cyberspace regulator said on Tuesday that it removed thousands of online posts for “doom-mongering the real estate market and distorting interpretations of housing policies”, amid a prolonged property slump. Over 40,000 posts on social media platforms including the Instagram-like RedNote and video-sharing …

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UK has no immediate plans for critical minerals price floor, minister says

2 Dec 2025 2 Dec 2025

By Eric Onstad LONDON, Dec 2 (Reuters) – Britain has no plans to match the United States in supporting domestic rare earth companies with a price floor to cut reliance on dominant producer China, Industry Minister Chris McDonald said. So far Britain is attracting adequate investment in the critical minerals sector to develop home-grown supply, …

UK has no immediate plans for critical minerals price floor, minister says Read More »

Samsung unveils first multi-folding phone as competition set to heat up

2 Dec 2025 2 Dec 2025

By Heekyong Yang SEOUL, Dec 2 (Reuters) – Samsung Electronics unveiled on Tuesday its first multi-folding smartphone, in a bid to strengthen its position in a sector of the phone market where competition is expected to intensify. The launch of the Galaxy Z TriFold marks Samsung’s bid to reinforce its footing in a segment where …

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China export controls push European firms to move supply chains

2 Dec 2025 2 Dec 2025

(This December 1 story has been republished, with no changes to text.) By Joe Cash and Eduardo Baptista BEIJING, Dec 1 (Reuters) – China’s tightening export controls are pushing European firms to explore new supply chain capacity outside of the world’s second-largest economy, a European lobbying group said on Monday, seeking cover from the U.S.-China …

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Reuters Asia Business﻿﻿

Reuters Asia Business