Reuters Asia Business

By Phuong Nguyen, Francesco Guarascio and David Lawder HANOI/WASHINGTON (Reuters) -Vietnam’s Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal schedule seen by Reuters. The export-reliant Southeast Asian nation is scrambling to persuade …

Vietnam’s deputy PM to meet US’s Bessent, Boeing on Wednesday, schedule shows Read More »

By Farah Master and Sophie Yu HONG KONG/BEIJING (Reuters) – A handful of major Chinese companies like home appliance maker Midea have new badges of honour this year: mandatory clock-off times for staff and bans on after-hours meetings. Staff at Midea once toiled till late in the evening, but now they’re told to leave by …

In China, whispers of change as some companies tell staff to work less Read More »

By Susan Heavey, Trevor Hunnicutt and Joe Cash WASHINGTON/BEIJING (Reuters) -The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the administration of President Donald Trump moved to quickly start talks with other trading partners targeted by sweeping tariffs. U.S. stocks dropped on Tuesday for …

Stocks slide again as US forges ahead with 104% tariffs on China Read More »

By Georgina McCartney HOUSTON (Reuters) – Oil prices settled down more than $1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the escalating trade war between the U.S. and China, the world’s two biggest economies. Brent futures settled down $1.39, or 2.16%, at …

Oil settles down $1 at four-year low as US-China trade war escalates Read More »

By Susan Heavey, Jihoon Lee and Ju-min Park WASHINGTON/SEOUL (Reuters) -U.S. President Donald Trump said he discussed tariffs, shipbuilding and potential energy deals in a “great call” with South Korea’s acting President Han Duck-soo on Tuesday, a day before a 25% tariff on the Asian ally is scheduled to kick in. “We have the confines …

Trump optimistic after call about tariffs with South Korea Read More »

By Khanh Vu HANOI (Reuters) -Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday. Hanoi will also seek faster deliveries of commercial planes that Vietnamese airlines have …

Vietnam to buy US defence, security products to tackle trade gap Read More »

By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer told lawmakers on Tuesday that not all of the agency’s proposed multimillion-dollar fees for Chinese-built ships to dock at U.S. ports will be implemented, and they may not be cumulative. Greer told a Senate Finance Committee hearing that the proposals were made to address a …

Not all US fees on Chinese ships will be implemented, USTR’s Greer says Read More »

TOKYO (Reuters) – Japan’s bankruptcy filings in fiscal 2024 totalled 10,144, the most in 11 years, credit research firm Tokyo Shoko Research (TSR) said on Tuesday, amid rising uncertainties around the Bank of Japan’s rate hike schedule. The number of bankruptcies in the 12 months to March was the largest since fiscal 2013’s 10,536, and …

Japan’s bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows Read More »