Reuters Asia Business

HANOI (Reuters) -Vietnam’s central bank said on Tuesday it will continue to adopt flexible monetary policies for the rest of the year, with priority given to supporting growth. Uncertainties in the global economy will remain and will affect the Vietnamese economy, Deputy Governor of the State Bank of Vietnam Pham Thanh Ha said. He added …

Vietnam central bank to prioritise growth for rest of year amid global uncertainties Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said he would impose a 25% tariff on goods from Japan and South Korea starting on August 1, posting letters to the leaders of those countries on his social media platform. (Reporting by Rami Ayyub, Caitlin Webber, Jasper Ward and Susan Heavey)

By Luciana Magalhaes SAO PAULO (Reuters) -China’s BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top executive said, reducing imports as tariffs start to rise in its largest foreign market. Alexandre Baldy, senior vice president for BYD in Brazil, said the goal is …

China’s BYD to start assembling electric cars in Brazil Read More »

By Mohi Narayan NEW DELHI (Reuters) -Malaysia’s Lotte Chemical Titan said on Monday that its Indonesia-based subsidiary has agreed to a 10-year ethylene supply deal worth around $3 billion with its downstream petrochemical producer, Lotte Chemical Indonesia Nusantara. Lotte Chemical Indonesia (LCI), which recently commissioned a cracker in Indonesia’s Banten province, will sell 350,000 tonnes …

Lotte Chemical Titan secures $3 billion ethylene supply deal in Indonesia Read More »

KUALA LUMPUR (Reuters) -Malaysia’s state energy firm Petronas on Monday said it has successfully shipped its first liquefied natural gas (LNG) cargo to Japan from its newly operational LNG facility in Kitimat, Canada. Petronas has a 25% stake in the Kitimat LNG plant in British Columbia on Canada’s west coast. The shipment departed for Japan …

Petronas ships its first LNG cargo to Japan from its new facility in Canada Read More »