Reuters Asia Business

SHANGHAI (Reuters) -Chinese technology company Xiaomi plans to start taking orders for its new YU7 electric sports utility vehicle at the end of June, its CEO Lei Jun said on Wednesday on his Weibo account. The company earlier said it would start taking orders in July. (Reporting by Brenda Goh and Shanghai newsroom; Editing by …

China’s Xiaomi to release YU7 electric SUV at end of June Read More »

BEIJING (Reuters) -China and Central Asian countries are willing to improve road and railway connectivity, and will look to open more direct flights to and from China as they agreed to enhance exchanges, the Chinese foreign ministry said in a statement on Wednesday. China will look at simplifying visa procedures with the five Central Asian …

China, Central Asian countries agree better connectivity by land, flights Read More »

By Andrew Silver SHANGHAI (Reuters) -Drug research and development firms in China including WuXi AppTec and WuXi Biologics are changing project plans, stockpiling supplies and discussing testing locally, said sources with knowledge of the matter, as they seek to mitigate the impact of U.S.-China trade tensions.   China’s sprawling pharmaceutical research and manufacturing sector serves global …

China pharma projects disrupted by Sino-US tensions Read More »

By Makiko Yamazaki TOKYO (Reuters) -Japanese manufacturers grew less confident about business conditions in June and expressed caution about the outlook for the next three months, citing U.S. tariff uncertainties and weak Chinese demand, a Reuters Tankan poll showed. The monthly poll, which tracks the Bank of Japan’s quarterly business sentiment index, recorded a manufacturers’ …

Japan manufacturers’ confidence dips in June on tariffs, China woes: Reuters poll Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress, the White House said on Tuesday. Trump has already twice granted a reprieve …

Trump will extend TikTok sale deadline for third time, White House says Read More »

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  A fifth day of war between Israel and Iran pushed oil prices higher and world stocks lower on Tuesday, as investors also digested some weaker-than-expected U.S. economic data and looked ahead to the …

Trading Day-Escalation fuels trepidation Read More »