Reuters Asia Business

By Jarrett Renshaw, Ernest Scheyder and Jeff Mason (Reuters) -Alarm over China’s stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a quick solution. German automakers became the …

Global alarm rises as China’s critical mineral export curbs take hold Read More »

(Corrects CEO’s name to Tianhua Wu, not Tinahua Wu, in paragraph 2) By Selena Li HONG KONG (Reuters) -Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth in the financial hub, its chief …

Online broker Tiger to double Hong Kong headcount, targets offshore China wealth Read More »

(Corrects formatting in bullets and byline with no other change to text) By Suzanne McGee and Ross Kerber (Reuters) -Investment manager Vanguard’s new exchange-traded fund targeting emerging markets outside of China appears to have followed a push from the Missouri State Treasurer’s office for products excluding Chinese stocks. The product highlights a new front in …

Vanguard new ex-China ETF followed push from Missouri Republicans Read More »

By Aditya Kalra NEW DELHI (Reuters) -Two former Kia India workers are under investigation over accusations that they colluded with scrap dealers to steal 1,008 engines from the carmaker’s factory over three years, police investigation documents showed. Though the engines were worth only $2.3 million, the police investigation noted the case had “widespread impact on …

Former Kia India workers, scrap dealers face probe over theft of 1,008 engines Read More »

TOKYO (Reuters) -Growth in Japan’s service-sector activity slowed in May on weaker demand, offering little to mitigate falling factory activity and resulting in a near-zero growth for business overall, a private sector survey showed on Wednesday. The final au Jibun Bank Japan Services purchasing managers’ index (PMI) fell to 51.0 in May from 52.4 in …

Japan’s service sector growth slows in May, PMI shows Read More »

By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s economy can withstand the hit from U.S. tariffs and sustain a cycle of rising inflation accompanied by wage growth, signalling the bank’s readiness to raise interest rates further. Uncertainty over U.S. trade policy and the range of tariffs imposed by President …

BOJ chief voices confidence economy can withstand US tariff hit Read More »