Reuters Asia Business

Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reports

14 Jun 2025

BEIJING/HONG KONG (Reuters) -Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and …

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Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031

14 Jun 2025

HANOI (Reuters) -Vietnam’s National Assembly on Saturday approved a proposal to raise the special consumption tax on alcoholic beverages to 90% by 2031 from the current 65%, a move that will add to challenges facing the industry even though the top rate won’t be as high as first flagged. Under the legislation, the tax rate …

Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031 Read More »

Traders pile into $80 US oil bets as tensions rise in Middle East

14 Jun 2025

(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder a right to buy futures contract at the preset price and date, and a …

Traders pile into $80 US oil bets as tensions rise in Middle East Read More »

Japan and US explored possibility of trade deal, Japan trade negotiator says

14 Jun 2025

(Reuters) -Japan and the U.S. on Friday explored the possibility of a trade agreement, Japan’s top tariff negotiator, Ryosei Akazawa, told a briefing, while refraining from commenting how close they are to reaching a deal. “We had a very detailed exchange and explored the possibility of a trade agreement,” Akazawa told reporters after he met …

Japan and US explored possibility of trade deal, Japan trade negotiator says Read More »

Trump approves Nippon-U.S. Steel deal, companies say

14 Jun 2025

(Reuters) -U.S. President Donald Trump has approved the partnership between United States Steel Corp and Japan’s Nippon Steel, the companies said on Friday. (Reporting by Surbhi Misra in Bengaluru; Editing by Pooja Desai)

China issues draft guidance on transfer of car-generated data

14 Jun 2025

BEIJING (Reuters) -China on Friday published draft guidance to regulate the export of data generated by cars in the country, providing a potential roadmap for companies such as Tesla that have been keen to do so. The industry ministry detailed different scenarios where it may or may not require security assessments for companies seeking to …

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Bunge’s $34 billion Viterra merger clears final China hurdle

13 Jun 2025

By Karl Plume CHICAGO (Reuters) -Global agribusiness Bunge Global SA said Friday it has received regulatory approval from China for its merger with Glencore-backed grain handler Viterra, the final hurdle for its $34 billion mega-deal announced two years ago. The Missouri-based company expects to close the largest-ever global agriculture merger by dollar value “on or …

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ISS recommends against six Keisei Electric Railway candidates in fight with Palliser

13 Jun 2025

By Svea Herbst-Bayliss NEW YORK (Reuters) -U.S. proxy advisory firm Institutional Shareholder Services (ISS) on Friday urged Keisei Electric Railway investors to vote against six management board nominees, including the Japanese company’s current chief executive officer. ISS’s recommendation, which helps guide asset managers’ votes on hot button issues, extends support to UK activist Palliser Capital …

ISS recommends against six Keisei Electric Railway candidates in fight with Palliser Read More »

Fast-fashion retailer Shein’s transport emissions jump in 2024

13 Jun 2025

By Helen Reid LONDON (Reuters) -Shein’s carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer’s sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation. Shein uses mainly air freight to send cheap clothes directly from suppliers in China to shoppers in …

Fast-fashion retailer Shein’s transport emissions jump in 2024 Read More »

FAW-VW to recall 202,662 Sagitar cars in China

13 Jun 2025

BEIJING (Reuters) -The joint venture of China’s FAW Group and Germany’s Volkswagen will recall 202,662 Sagitar cars in China from July 15 over potential safety hazards caused by insufficient moisture-proof performance of wheel speed sensors, China’s market regulator said on Friday. (Reporting by Beijing Newsroom; Editing by Christopher Cushing)

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