Reuters Asia Business

KUALA LUMPUR (Reuters) -Malaysia’s trade minister will travel to the United States on April 24 to meet the U.S. Trade Representative and other officials for talks about the U.S. tariffs imposed on the country, state media agency Bernama reported on Thursday. Trade Minister Tengku Zafrul Aziz said he would not be negotiating a trade deal …

Malaysia trade minister to head to U.S. next week for tariff talks Read More »

By Scott Murdoch SYDNEY (Reuters) -Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its initial public offering in the United States, the company said in a statement on Thursday. Chagee sold about 14.7 million American depository shares at the top of the $26 to …

Chinese tea firm Chagee raises $411 million in US IPO Read More »

TOKYO (Reuters) -Renault Chairman Jean-Dominique Senard is to step down from Nissan’s board of directors, the Japanese automaker said on Thursday, as the company tackles its declining performance. Senard, who served as Nissan’s vice chairman, will resign at the end of the annual general meeting of shareholders scheduled for June, a company statement said. It …

Renault chairman Senard to step down from Nissan’s board Read More »

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic growth will be hit by U.S. tariffs on its exports, although the impact on activity won’t be as great as during the COVID-19 pandemic, a senior central bank official said on Thursday. The U.S. tariffs have halted some production and delayed investment decisions, and their …

Thai economic growth to see hit from US tariffs, central bank says Read More »

(Reuters) -Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday. British Prime Minister Keir Starmer has promised to take a pro-innovation approach to regulation, make public data …

OpenAI’s $500 billion Stargate venture weighs future UK investment, FT reports Read More »

By Anton Bridge and Miho Uranaka TOKYO (Reuters) -Japanese tyre maker Bridgestone has more than halved the value of a planned bond offering to about 50 billion yen ($350.56 million) as underwriters continue to gauge demand for the issuance, two sources with knowledge of the matter said. The company has also decided to do away …

Japan’s Bridgestone more than halves value of bond offering to $350 million, say sources Read More »