Reuters Asia Business

Malaysia open to negotiate with U.S on reducing trade deficit, non-tariff barriers 

25 Apr 2025

KUALA LUMPUR (Reuters) -Malaysia is open to negotiate with the United States on non-tariff barriers and reducing its trade deficit and will explore a bilateral trade agreement, its trade ministry said on Friday. Malaysia will explore alternative ways to address U.S. concerns and will ensure that the mutually beneficial trade flows between both countries continue, …

Malaysia open to negotiate with U.S on reducing trade deficit, non-tariff barriers  Read More »

China warns G20 global economic growth ‘insufficient’, trade tensions weaken momentum

25 Apr 2025

By Liz Lee BEIJING (Reuters) -China warned a G20 meeting that world economic growth was “insufficient” as tariff and trade wars exacerbated economic and financial instability and sapped growth momentum, its finance ministry and central bank said. Speaking at the group’s meeting in Washington, Finance Minister Lan Foan called on all parties to strengthen multilateral …

China warns G20 global economic growth ‘insufficient’, trade tensions weaken momentum Read More »

Core inflation in Japan’s capital hits 2-year peak, raising challenge for BOJ

25 Apr 2025

By Makiko Yamazaki TOKYO (Reuters) -Core inflation in Japan’s capital accelerated to a two-year high in April on surging food costs, making the central bank’s quest to fully exit ultra easy policy a delicate balancing act of managing risks between higher U.S. tariffs and rising prices. Friday’s Tokyo inflation data, considered a leading indicator of …

Core inflation in Japan’s capital hits 2-year peak, raising challenge for BOJ Read More »

Japan’s greenhouse gas emissions fall 4% in FY23/24 to record low

25 Apr 2025

TOKYO (Reuters) -Japan’s greenhouse gas emissions fell by 4% to a record low in the fiscal year ended March 2024, government data showed on Friday, led by lower energy consumption as well as the increased use of renewable energy and the restart of nuclear power plants. Emissions for the 2023/24 year dropped to the equivalent …

Japan’s greenhouse gas emissions fall 4% in FY23/24 to record low Read More »

Intel CEO says he met with TSMC CEO to discuss collaboration

25 Apr 2025

SAN FRANCISCO (Reuters) – Intel CEO Lip-Bu Tan met recently with Taiwan Semiconductor Manufacturing Co’s CEO to discuss how the two companies could collaborate, Tan said during a conference call with analysts on Thursday. “We clearly view TSMC as our partner, and they have been very good partners to have. (Retired TSMC founder) Morris (Chang) …

Intel CEO says he met with TSMC CEO to discuss collaboration Read More »

Vietnam ramps up bond sales, spending as export-led growth faces tariff risks

25 Apr 2025

By Khanh Vu and Francesco Guarascio HANOI (Reuters) -Vietnam has increased government bond sales by nearly 30% so far this year, data shows, as it bids to boost public spending to spur growth and shield the economy from the risk of crippling U.S. tariffs. The Southeast Asian industrial hub’s economy has expanded rapidly in recent …

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Tokyo April core CPI rises 3.4% yr/yr

25 Apr 2025

TOKYO, April 25 (Reuters) – Core consumer prices in Tokyo rose 3.4% in April from a year earlier, government data showed on Friday. The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with economists’ median estimate for a 3.2% annual rise. (Reporting by Tokyo Newsroom)

BOJ’s Ueda keeps rate-hike pledge but warns of US tariff impact

25 Apr 2025

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to raise interest rates if underlying inflation converges toward its 2% inflation target as projected. But he said the central bank will scrutinise how various information, including on the potential economic fallout from higher U.S. tariffs, …

BOJ’s Ueda keeps rate-hike pledge but warns of US tariff impact Read More »

Japan says no talk of currency target, yen control in finance dialogue with US

25 Apr 2025

By Leika Kihara WASHINGTON (Reuters) -Japanese Finance Minister Katsunobu Kato said on Thursday he agreed with U.S. Treasury Secretary Scott Bessent to continue “constructive” dialogue on currency policy, but did not discuss setting currency targets or a framework to control yen moves. Kato said he explained to Bessent “Japan’s economic developments including recent wage increases” …

Japan says no talk of currency target, yen control in finance dialogue with US Read More »

Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop

25 Apr 2025

By Savyata Mishra (Reuters) -Skechers on Thursday withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down 7% in extended trading. The U.S.-based company is also looking to minimize production in “high-cost locations” by re-routing and diversifying its sourcing base, executives said on a …

Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop Read More »

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