Reuters Asia Business

South Korea to closely monitor financial markets, respond if needed

19 Jun 2025

SEOUL (Reuters) -South Korea’s acting finance minister said on Thursday authorities would closely monitor financial markets and respond in a timely manner if necessary. Lee Hyoung-il said volatility has slightly heightened in the foreign exchange market and uncertainty was high over U.S. tariff policies and geopolitical tensions in the Middle East. (Reporting by Jihoon Lee; …

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Malaysia trade ministry probing reports of Chinese firm’s use of Nvidia AI chips

19 Jun 2025

(Corrects paragraph 6 to reflect that U.S. government guidance to chip companies related to the use of AI systems in making weapons) KUALA LUMPUR (Reuters) -Malaysia’s trade ministry is verifying media reports that a Chinese company in the country is using servers equipped with Nvidia and artificial intelligence chips for large language models training, it …

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More than 70% of Japan firms see tariff impact within expectations, Reuters poll shows

19 Jun 2025

By Kiyoshi Takenaka TOKYO (Reuters) -A significant majority of Japanese firms have found the business impact of U.S. President Donald Trump’s tariffs within expectations and have not found it necessary to change investment plans, a Reuters survey showed on Thursday. The United States has imposed a 10% tariff on goods from most countries along with …

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US closes probe into 2 million Nissan vehicles without seeking recall

18 Jun 2025

By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety agency on Wednesday closed a seven-year-old investigation into 2.03 million Nissan Motor vehicles over issues related to rear suspension control arm failure without seeking a recall. The National Highway Traffic Safety Administration investigation, which covered 2013-2018 Nissan Altima and 2016-2018 Nissan Maxima vehicles, was opened in …

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Trading Day: Markets calm in eye of hurricane

18 Jun 2025

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Key equity, bond, currency and commodity prices mostly ended little changed on Wednesday, as investors digested the fast-moving developments in the Middle East and the Federal Reserve’s latest policy decision and guidance. In …

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Honda to recall over 259,000 U.S. vehicles over brake pedal issue, NHTSA says

18 Jun 2025

(Reuters) -Honda Motor is recalling 259,033 vehicles in the U.S. due to a faulty brake pedal that can shift out of position and hinder braking, raising the risk of crashes or injury, the U.S. National Highway Traffic Safety Administration said on Wednesday. The company is recalling certain 2021-2025 Acura TLX, 2023-2025 Acura MDX, and 2023-2025 …

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EV maker VinFast sets up first dealership in California

18 Jun 2025

(Reuters) -VinFast said on Wednesday its first dealership in San Diego, California, is set to begin operations this month, as the Vietnamese electric-vehicle maker doubles down on the dealer model in a bid to boost sales. Backed by Vietnam’s largest conglomerate, Vingroup, VinFast has faced challenges including softer demand, stiff competition and the fallout of …

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Taiwan’s Starlux orders 10 more Airbus A350 long-haul jets

18 Jun 2025

By Giulia Segreti PARIS (Reuters) -Taiwan’s Starlux Airlines has placed an order for 10 more Airbus A350 long-haul jets, the two companies said at the Paris Airshow on Wednesday. The deal could be worth around $1.85 billion, according to aircraft price estimates provided by Cirium Ascend. Starlux CEO Glenn Chai said deliveries of the new …

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Indonesia finds environmental violations in Morowali nickel hub

18 Jun 2025

JAKARTA (Reuters) -A nickel processing hub managed by PT Indonesia Morowali Industrial Park has been ordered to rectify a series of “serious” environmental violations, including the construction of plants on unapproved land, Indonesia’s Environment Ministry said on Wednesday. PT IMIP built plants and conducted other activities on 1,800 hectares (4,447.9 acres) of land that were …

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Tencent says reports of its interest in Nexon, Kakao’s mobility unit are untrue

18 Jun 2025

SHANGHAI (Reuters) -Tencent said reports that it is studying deals for Nexon and Kakao’s mobility unit are untrue. The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40% stake in Kakao’s mobility unit from financial investors. Bloomberg reported last week that Tencent was studying a deal for $15 billion South …

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