By Ellen Zhang and Kevin Krolicki GUANGZHOU, China (Reuters) – Bin Zhang is in the business of fun, but his job has become less so because of U.S. President Donald Trump. Zhang, 36, whose company, iFun, has customers all over the world and gets orders ranging from $50,000 to $500,000 for his products – everything …
Chinese factory bids to keep exporting fun amid US trade war Read More »
By Nathan Vifflin (Reuters) -Chinese demand for ASML’s chip-making tools has been stronger than expected in 2025, Chief Financial Officer Roger Dassen said on Wednesday. ASML, the world’s biggest supplier of computer chip-making equipment, had warned in October that China sales would drop to 20% of its net system sales. However, they are so far …
Chinese demand for ASML’s chipmaking tools stronger than expected in 2025, CFO says Read More »
By Nora Eckert DETROIT (Reuters) -Ford Motor’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker’s top executives said on Wednesday. John Lawler, Ford’s vice chair and former chief financial officer, gave a rare glimpse into the automaker’s earnings in the country, …
Ford’s China business made $900 million last year Read More »
HONG KONG (Reuters) -Hongkong Post said on Wednesday it had suspended mail services for goods sent by sea to the United States, accusing the U.S. of “bullying” after Washington cancelled tariff-free trade provisions for packages from China and Hong Kong. A trade war between the world’s two largest economies is intensifying, with President Donald Trump …
Hongkong Post says it has suspended mail services to ‘bullying’ US Read More »
BEIJING (Reuters) – Chinese President Xi Jinping said deepening high-level strategic cooperation with Malaysia serves the common interests of both countries, in a statement released as he arrived in Kuala Lumpur on Tuesday, the state broadcaster reported. The Chinese president was looking forward to enhancing political trust between the countries during the visit, China’s …
China’s Xi hails strategic cooperation at start of Malaysia visit Read More »
By Jun Yuan Yong SINGAPORE (Reuters) – Singapore’s trade minister said on Wednesday that he cannot rule out a recession for the local economy this year following U.S. President Donald Trump’s trade war, as he announced a taskforce to help businesses and workers address challenges. Trade minister Gan Kim Yong, also the deputy prime minister, …
Singapore forms ‘economic resilience’ taskforce amid possible tariff-induced recession Read More »
By Manoj Kumar NEW DELHI (Reuters) – India recorded a trade deficit of $99.2 billion with China in the 2024/25 fiscal year that ended in March, trade data showed, driven by a surge in imports of electronics goods and consumer durables. The data comes as U.S. President Donald Trump announced a 90-day pause last week …
India trade deficit with China widens to record $99.2 billion amid dumping concerns Read More »
BANGKOK (Reuters) -Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs. There is already an agreement to import 1 million metric tons of LNG worth $500 million …
Thailand plans to import more US LNG over next five years, says minister Read More »
TOKYO (Reuters) -Japan crossed the 10 million visitor mark at the fastest ever pace this year, reaching that level already in March, official data showed on Wednesday, as the weak yen propelled an unprecedented tourism boom. Arrivals of foreign visitors for business and leisure reached 3.5 million last month, bringing the total through the first …
Japan crosses 10 million visitors through March at fastest ever pace Read More »
SINGAPORE (Reuters) – Malaysia’s largest state pension fund, the Employees Provident Fund, is seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio, it said on Wednesday. EPF, one of the world’s biggest pension funds, in common with other major investors is grappling with the uncertainty triggered by U.S. President …
Malaysia’s Employees Provident Fund seeks more diverse exposure Read More »
