Reuters Asia Business

By Karen Freifeld (Reuters) -Alpha and Omega Semiconductor (AOS) has agreed to pay $4.25 million to settle with the U.S. Department of Commerce for shipping items to China’s Huawei Technologies in violation of export regulations, according to a department order posted on Wednesday. AOS engaged in prohibited conduct by forwarding 1,650 power controllers, smart power …

AOS settles with US over unauthorized shipments to China’s Huawei Read More »

By Lewis Krauskopf NEW YORK (Reuters) – -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter  Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what moved markets today. A long holiday weekend awaits U.S. investors, but not …

Trading Day: Get ready for the jobs report Read More »

By Juveria Tabassum (Reuters) -Shares of Nike and other apparel makers rose on Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country. After months of negotiations, Trump’s trade deal with Vietnam includes …

Nike, other retailer stocks rise on Trump’s trade deal with Vietnam to reduce tariffs Read More »

(Reuters) -Nissan is recalling 443,899 vehicles in the U.S. due to an engine failure, the U.S. National Highway Traffic Safety Administration said on Wednesday. The company identified a potential manufacturing defect in some engine components in the vehicles, which may cause engine damage or complete failure, increasing the risk of a crash, the auto safety …

Nissan to recall over 443,000 US vehicles citing engine failure, NHTSA says Read More »

By Anton Bridge TOKYO (Reuters) -Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are increasingly holding management to account and providing impetus to regulatory moves to boost corporate value and share prices. Authorities in Japan, which is emerging from years of …

Management booted out as Japan’s shareholders flex their muscles in AGMs Read More »

By Makiko Yamazaki TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Wednesday he was determined to protect his country’s national interests as trade negotiations with the U.S. struggled and President Donald Trump threatened even higher tariff rates on the Asian ally. “Japan is different from other countries as we are the largest investor in …

Japan invokes national interest as tariff talks with US struggle Read More »