Reuters Asia Business

TAIPEI (Reuters) – Taiwan’s trade-reliant economy likely grew at a quicker pace in the first quarter of 2025 compared with the final quarter of 2024, driven by strong tech demand, according to a Reuters poll on Monday, though U.S. tariffs continue to cloud the outlook. Taiwan’s gross domestic product is expected to have grown 3.4% …

Taiwan’s first-quarter economic growth likely rose on strong tech demand: Reuters poll Read More »

SEOUL (Reuters) -SK Telecom shares fell as much as 8.5% on Monday to hit their lowest level since August last year, after South Korea’s biggest mobile carrier disclosed it suffered a leak of customer data earlier this month caused by a cyberattack. The company said in a statement it would take full responsibility for any …

SK Telecom shares plunge after data breach due to cyberattack Read More »

By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Japan and Vietnam agreed to boost bilateral trade and uphold global rules on the free flow of goods as Japan’s Prime Minister Shigeru Ishiba met Vietnamese leaders in Hanoi while both countries engage in talks with Washington to avoid tariffs. Ishiba’s first trip to Vietnam, and his …

Japan, Vietnam pledge to support free trade as PM Ishiba visits Hanoi Read More »

By Amy Lv and Lewis Jackson BEIJING (Reuters) -China’s biggest listed steelmaker, Baoshan Iron & Steel Co, said a nationwide output cut was likely this year and flagged external pressures on an industry that is already grappling with overcapacity and faltering demand. The company, known as Baosteel, is a subsidiary of the state-owned China Baowu …

China’s Baosteel expects nationwide output cuts this year Read More »