Reuters Asia Business

By Padraic Halpin and Allison Lampert DUBLIN (Reuters) -Ryanair on Thursday threatened to cancel orders for hundreds of Boeing aircraft if a U.S.-led tariff war leads to materially higher prices, and said it could look at alternative suppliers, including Chinese planemaker COMAC. The threat by Europe’s largest low-cost carrier and one of Boeing’s biggest customers …

Ryanair threatens to cancel huge Boeing order if tariffs raise prices Read More »

By Lawrence White LONDON (Reuters) -HSBC said on Thursday that Chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest bank presiding over its dramatic shrinking and navigating of Sino-U.S. tensions. Tucker, the bank’s first ever externally-recruited Chairman, will remain as a strategic adviser …

HSBC to lose Asia expert as Chairman Mark Tucker announces retirement Read More »

By Joyce Lee and Jihoon Lee SEOUL (Reuters) -South Korea’s parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 billion) to bolster an economy grappling with weak domestic demand and the potential impact of U.S. tariffs. Leaders of the Democratic Party and the People Power Party had agreed earlier on Thursday …

South Korea approves bigger extra budget of $9.7 billion as economy falters Read More »

By Joe Cash and David Lawder BEIJING/WASHINGTON (Reuters) -The United States has approached China seeking talks over President Donald Trump’s 145% tariffs, a social media account affiliated with Chinese state media said on Thursday, potentially signalling Beijing’s openness to negotiations. “The U.S. has proactively reached out to China through multiple channels, hoping to hold discussions …

US wants to start tariff talks with China, state media says Read More »

By David Shepardson and Allison Lampert WASHINGTON (Reuters) – A senior U.S. lawmaker has warned Ryanair against purchasing Chinese-made aircraft due to security concerns, following comments by the CEO of the low-cost Irish airline that he would consider buying Chinese jets at the right price, according to a letter seen by Reuters. Ryanair responded to …

US lawmaker warns Ryanair against buying Chinese-made planes Read More »