Reuters Asia Business

Mizuho executive calls for speedier BOJ bond tapering as rate hike pace may hit snag

By Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -The Bank of Japan should pick up the pace of tapering government bond purchases as the possibility of a pause in interest rate hikes will give the central bank more wiggle room to adjust the tapering plan, Mizuho Financial Group’s markets chief told Reuters. Kenya Koshimizu, co-head …

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Factbox-Asian countries look to buy more US energy to offset trade imbalance

SINGAPORE (Reuters) -Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade surplus with Washington in hopes of easing their tariff burdens under President Donald Trump’s sweeping new import duties. Many Asian countries run large trade surpluses with the United States and are also major energy importers. …

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South Korea April 1-20 exports fall as US shipments drop amid tariffs

SEOUL (Reuters) -South Korea’s exports for the first 20 days of April fell 5.2% from a year earlier, dragged down by U.S.-bound shipments, customs data showed on Monday, amid President Donald Trump’s sweeping tariff policies. From this month, the U.S. has introduced 10% blanket tariffs and 25% auto tariffs, while 25% reciprocal tariffs on South …

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Chinese rare earth processor Shenghe sees little impact from halt to US feedstock imports

BEIJING (Reuters) – China’s Shenghe Resources said on Sunday the suspension of shipments of rare earth raw concentrate from its U.S. partner will not significantly impact production due to the company’s diversified supply chain. MP Materials, which owns the only U.S. rare earths mine, said on Thursday it had stopped shipping the critical minerals to …

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China’s coal imports from Russia rise 6% in March, Indonesia slides

BEIJING (Reuters) -China’s coal imports from Russia rose 6% in March from the same month last year to 7.33 million metric tons, data from the General Administration of Customs showed on Sunday, despite logistical constraints and Western sanctions. Coal imports from China’s largest supplier Indonesia declined 9% to 17.96 million tons, after Indonesia started using …

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China’s soybean imports from US jump in March, but Brazil set to dominate market

BEIJING (Reuters) -China’s soybean imports from the United States rose 12% in March from the same period last year, as shipments secured in late 2024 by buyers concerned about the potential for a trade spat between the U.S. and China arrived in port. However, Brazil is expected to dominate the market in the coming months …

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Boeing jet returns to US from China, a victim of Trump’s tariff war

By Dan Catchpole and Lisa Barrington SEATTLE (Reuters) – A Boeing jet intended for use by a Chinese airline landed back at the planemaker’s U.S. production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive. The 737 MAX, which was meant for China’s Xiamen …

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Japan seeks ‘fairness’ in currency talks with US, Prime Minister Ishiba says

By Leika Kihara TOKYO (Reuters) – Japan will emphasise “fairness” in any discussions with the U.S. on exchange rates, Prime Minister Shigeru Ishiba said on Sunday, as bilateral trade talks grab global attention in President Donald Trump’s tariff offensive. Ishiba, in a talk show on public broadcaster NHK, indicated Tokyo could buy more U.S. energy …

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Japan to discuss car safety standards in Trump tariffs talks, Nikkei Asia reports

(Reuters) -Japan is considering relaxing automobile safety rules for imports as part of its tariff negotiations with the United States, Nikkei Asia reported on Sunday. Japan has been hit with 24% levies on its exports to the U.S. although these rates have, like most of U.S. President Donald Trump’s tariffs, been paused for 90 days. …

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Pakistani Christian man to appeal death sentence for blasphemy

By Mubasher Bukhari LAHORE (Reuters) – A Christian man accused of blasphemy in the eastern Pakistani town of Jaranwala will appeal against a death sentence handed down by an anti-terrorism court, his lawyer said on Saturday. The 36-year old man was convicted of blasphemy over allegations he had desecrated the Muslim holy book, the Koran, …

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