Reuters Asia Business

Japan’s tariff envoy to visit US next week again, sources say

By Yoshifumi Takemoto and Kantaro Komiya TOKYO (Reuters) – Japan’s top tariff negotiator Ryosei Akazawa intends to visit the United States again on May 30 for a fourth round of trade talks, just one week after this weekend’s visit, two sources familiar with the matter said on Friday.  During the trip next week, Akazawa aims …

Japan’s tariff envoy to visit US next week again, sources say Read More »

Australia’s Nyrstar seeks government funding for antimony production

(This May 21 story has been corrected to show that Howell’s position is CEO Nyrstar Australia, not CEO of Nyrstar, in paragraphs 1 and 4) MELBOURNE (Reuters) – Nyrstar, owned by global commodity trader Trafigura, could potentially produce the critical mineral antimony at its South Australian processing plant but would need government support to do …

Australia’s Nyrstar seeks government funding for antimony production Read More »

Tariff crossfire hits Toyota, Nissan, Ford suppliers in Japan

By Maki Shiraki, Daniel Leussink TAKASAKI, Japan (Reuters) -Four decades ago, Hiroko Suzuki’s father threaded the needle of a U.S. trade war by pushing the family auto-parts business into newer niche products. Now, tariffs imposed by the Trump administration are so sweeping they threaten her own attempt to diversify the 78-year-old company into medical devices. …

Tariff crossfire hits Toyota, Nissan, Ford suppliers in Japan Read More »

Asia must not succumb to tariff retaliation, Singapore cbank official says

SINGAPORE (Reuters) -Asian economies must remain agile and not succumb to tit-for-tat tariff retaliation, a deputy managing director of the Monetary Authority of Singapore said on Friday. Retaliatory tariffs would lead to negative supply shifts that would worsen the growth-inflation trade-off and complicate monetary policy, Edward Robinson, who is also the MAS’s chief economist, told …

Asia must not succumb to tariff retaliation, Singapore cbank official says Read More »

China issues funds to safeguard agriculture from disasters

BEIJING (Reuters) – China’s recently disbursed 1.4 billion yuan ($194.42 million) of central government funds earmarked for agricultural production disaster prevention and relief, according to a statement from the Agriculture Ministry on Friday. The funds from the Agriculture Ministry and Finance Ministry will support 30 provinces including Heilongjiang, Jiangsu, Anhui and Henan, according to the …

China issues funds to safeguard agriculture from disasters Read More »

US agency votes to bar Chinese labs deemed security risks from testing US electronics

By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission voted on Thursday 4-0 to finalize rules barring Chinese labs deemed risks to U.S. national security from testing electronic devices such as smartphones, cameras and computers for use in the United States. All electronics used in the United States must go through the FCC’s equipment authorization …

US agency votes to bar Chinese labs deemed security risks from testing US electronics Read More »

Treasury yields ease with US stocks flat to up; investors assess US tax bill

By Caroline Valetkevitch NEW YORK (Reuters) – Thirty-year U.S. bond yields reached their highest level in 19 months before easing on Thursday, with worries lingering over the U.S. fiscal outlook and demand for government debt, while stocks on Wall Street ended flat to slightly higher. The U.S. dollar strengthened after recent losses. Yields rose earlier …

Treasury yields ease with US stocks flat to up; investors assess US tax bill Read More »

Trading Day: Selloff on nervy hold

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wall Street rally evaporates Investors drew breath on Thursday from the recent selling across markets fueled by weakness in long-dated government debt, and pushed up stocks, the dollar and bond prices. But Wall …

Trading Day: Selloff on nervy hold Read More »

Norinchukin Bank books annual loss of $12.63 billion on US and European bonds

By Anton Bridge TOKYO (Reuters) -Norinchukin Bank on Thursday reported a net loss of 1.81 trillion yen ($12.63 billion) for the year ended March 2025 as it sold off its portfolio of U.S. and European government bonds. The bonds had plummeted in value when interest rates in the U.S. and Europe began to rise from …

Norinchukin Bank books annual loss of $12.63 billion on US and European bonds Read More »

Close Bitnami banner
Bitnami