Reuters Asia Business

By Tim Kelly TOKYO (Reuters) -Japan had made some progress in a fifth round of trade talks with U.S. officials aimed at ending tariffs that are hurting Japan’s economy, Tokyo’s chief tariff negotiator said. “Tariffs have already been imposed on autos, auto parts, steel and aluminum, and some of them have doubled to 50% along …

Japan trade negotiator Akazawa says he made progress in US tariff talks Read More »

By Arathy Somasekhar, Georgina McCartney and Trixie Yap HOUSTON/SINGAPORE (Reuters) -Over half a dozen U.S.-loaded ethane vessels, originally bound for China, have stalled around the U.S. Gulf Coast after Washington requested U.S. exporters seek licenses to ship the shale gas to the top buyer, according to trade sources and ship tracking data on Friday. Around …

US ethane vessels stall amid curbs on exports to China Read More »

By Karen Freifeld and Fanny Potkin (Reuters) -The U.S. in recent days suspended licenses for nuclear equipment suppliers to sell to China’s power plants, according to four people familiar with the matter, as the two countries engage in a damaging trade war. The suspensions were sent to companies by the U.S. Department of Commerce, the …

Exclusive-US suspends licenses to ship nuclear plant parts to China, sources say Read More »

By Chibuike Oguh NEW YORK (Reuters) -The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a slowdown from the previous month, suggesting the Federal Reserve might wait longer to cut interest rates. Labor Department data showed that employers added 139,000 jobs in May, fewer than the …

Dollar advances against peers after strong US economic data Read More »

(Fixes spelling of “differences” in headline) BEIJING/PARIS (Reuters) -China and France have agreed to resolve their trade disputes through dialogue, China’s foreign ministry said on Friday, though there was no indication that agreement had been reached in talks on lifting Chinese levies on European brandy. Talks to resolve the cognac dispute accelerated this week with …

China says it is working with France on trade differences, no sign yet of a cognac deal Read More »

(Reuters) -Miniso Group said on Friday it was making a preliminary assessment of a potential spin-off listing of its pop toy business operating under the brand, “TOP TOY”. The plan is preliminary, with no assurance of the timing, listing venue or other details, the lifestyle products retailer said in a statement. Miniso has hired JPMorgan …

Miniso Group mulls spin-off of its pop toy business Read More »