Reuters Asia Business

BEIJING (Reuters) -China’s foreign minister said on Monday that China and Indonesia should oppose “any form” of unilateralism and trade protectionism at a press conference on Monday. The two sides should jointly accelerate regional economic integration and maintain the stability of industrial chain and supply chain, China’s Foreign Minister Wang Yi said. The press conference …

China’s foreign minister calls on Indonesia to oppose unilateralism Read More »

By Hyunjoo Jin and Jihoon Lee SEOUL (Reuters) -South Korea’s leading presidential candidate, Lee Jae-myung, pledged on Monday to revive legislation to curb abuses by controlling shareholders, as part of a plan to boost the stock market and eliminate the so-called “Korea Discount”. The liberal candidate announced his pledge to double the value of the …

South Korea’s presidential frontrunner vows to address ‘Korea Discount’ Read More »

SEOUL (Reuters) -Malaysia Airlines’ parent company, Malaysia Aviation Group, is talking to Boeing about acquiring new jets that become available if Chinese airlines stop taking deliveries, its managing director told Malaysian state news outlet Bernama. Boeing appears to be returning some of its 737 MAX jets to the U.S. from China, where it had placed …

Malaysia Airlines eyes new Boeing jets should China reject them Read More »

By Jihoon Lee SEOUL (Reuters) -South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, its customs agency said on Monday. The Korea Customs Service said it has found 29.5 billion won ($20.81 million) worth of violations related to country of …

South Korea finds ‘Made in Korea’ breaches intended to bypass US tariffs Read More »

SHANGHAI (Reuters) -China kept benchmark lending rates steady on Monday for the sixth successive month, matching market expectations. WHY IT’S IMPORTANT Stronger-than-expected first-quarter economic growth data might have reduced the urgency for immediate monetary easing even as markets wager more stimulus is likely in coming months to keep growth on an even keel amid an …

China keeps lending rates steady; trade war raises bets for stimulus Read More »