Reuters Asia Business

(Reuters) – Indonesia’s trade surplus likely narrowed to $2.75 billion in April, as exports and imports continued to rise despite the threat of slowing global trade due to the U.S. tariff policy, a Reuters poll showed on Wednesday. Southeast Asia’s largest economy booked a $4.33 billion trade surplus in March, wider than expected, amid strong …

Indonesia trade surplus seen shrinking to $2.75 billion in April: Reuters poll Read More »

BEIJING (Reuters) -Chinese e-commerce platforms are offering discounts of up to 2,530 yuan ($351) on Apple’s latest iPhone 16 models, an effort to spur sales as first-quarter shipments by the U.S. tech giant fell further in its second-largest market. The step comes as Chinese online retailers increasingly vie for cost-conscious consumers in a slowing economy, …

Chinese e-commerce sites offer discounts of up to $351 on Apple’s latest iPhones Read More »

By Scott Murdoch SYDNEY (Reuters) -Industrial and Commercial Bank of China (ICBC) is planning a multi-currency carbon neutrality-themed green bond deal, according to a term sheet seen by Reuters on Wednesday. The deal is due to be carried out through ICBC’s Hong Kong, Singapore and Dubai branches, the term sheet said. ICBC did not immediately …

ICBC eyes multi-currency carbon neutrality-themed green bond deal, term sheet says Read More »

By Alessandro Parodi (Reuters) -Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in April, with stable growth in China and Europe despite trade tensions, while North America recorded the first fall since last September, data showed on Wednesday. European EV sales of legacy auto groups that are seeking to sell less polluting …

Global EV sales rise in April despite trade disruptions, research finds Read More »

By Che Pan and Brenda Goh BEIJING (Reuters) -SiCarrier, a Chinese chip equipment maker with close links to Huawei, has created a stir with the breadth of its planned product range. Its efforts to become a one-stop shop for all tools needed to semiconductors illustrate how the sector – still relatively young in China – …

Explainer-How China’s chip equipment manufacturing sector stacks up Read More »

(Reuters) -China has criticised a trade deal between the United Kingdom and the United States that could be used to squeeze Chinese products out of British supply chains, the Financial Times reported on Tuesday. Asked about the deal that was reached last week, China said it was a “basic principle” that agreements between countries should …

China criticises UK trade deal with US, FT reports Read More »