RIO DE JANEIRO (Reuters) -China is studying ways to soon lift its ban on imports of chicken meat from Brazil, in place since the South American nation reported a case of bird flu on a commercial farm in May, Brazilian Agriculture Minister Carlos Favaro said on Sunday, citing discussions at the BRICS summit in Rio …
China studies resuming chicken imports from Brazil, minister says Read More »
(Reuters) -Thailand, in its latest proposal to avert steep U.S. tariffs, is aiming to boost bilateral trade volumes with the U.S. and reduce its $46 billion trade surplus by 70% within five years, reaching balance in seven to eight years, Finance Minister Pichai Chunhavajira told Bloomberg News on Sunday. Washington has threatened to impose a …
Thailand to offer US more trade concessions to avert 36% tariff, Bloomberg News reports Read More »
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds. Revenue for Apple’s biggest iPhone assembler jumped 15.82% year-on-year to T$1.797 trillion, Foxconn said in a statement on Saturday, beating the T$1.7896 trillion LSEG SmartEstimate, which …
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks Read More »
By Chayut Setboonsarng and Thanadech Staporncharnchai BANGKOK (Reuters) -Hyper-competition in China’s electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk. Neta, among the earliest Chinese EV brands to enter Thailand in 2022, is an example …
Analysis-China’s intense EV rivalry tests Thailand’s local production goals Read More »
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after U.S. President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products. Concerns over the Southeast Asian manufacturing hub’s …
Vietnam Q2 GDP growth quickens on strong exports, US trade deal brightens outlook Read More »
KUALA LUMPUR (Reuters) -Malaysia said on Saturday it has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea and Vietnam. The duties on imports of galvanised iron coils or sheets or galvanised steel coils or sheets were imposed based on a preliminary determination made in …
Malaysia puts anti-dumping duties on some China, South Korea, Vietnam iron, steel Read More »
PARIS (Reuters) -French President Emmanuel Macron said on Friday there had been an historic deal between Airbus and Malaysia, as Macron hosted Malaysian Prime Minister Anwar Ibrahim in Paris. Macron said such deals highlighted the importance of trade between France and Asia, as Europe faces up to likely tariffs from U.S President Donald Trump. “I …
French President Macron announces ‘historic’ Airbus/Malaysia Airlines deal Read More »
By Lisa Barrington SEOUL (Reuters) -AirAsia on Friday signed a memorandum of understanding with Airbus to buy 50 long-range A321XLR planes with conversion rights for another 20 of the single-aisle jets, as the budget airline nears the end of a restructuring process. Reuters reported last month that Tony Fernandes, CEO of AirAsia owner Capital A …
AirAsia strikes deal for up to 70 Airbus A321XLR jets as restructuring nears end Read More »
KHANKENDI, Azerbaijan (Reuters) -A summit of seven west and central Asian leaders agreed on Friday to liberalise trade, attract more foreign investment and build cooperation in green energy to strengthen regional economic integration. The Economic Cooperation Organization gathering also agreed to improve transport connectivity and restore post-conflict areas across the region as part of a …
Regional powers agree economic integration strategy at Karabakh summit Read More »
By Jun Yuan Yong SINGAPORE (Reuters) – Singapore’s central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totalling S$27.45 million ($21.5 million) in relation to the country’s biggest ever money laundering case in 2023. The case involved more than S$3 billion ($2.2 billion) in illicit assets seized after 10 …
Singapore penalises nine financial institutions over 2023 money laundering case Read More »
