Reuters Asia Business

Core inflation in Japan’s capital accelerates, stays above BOJ target

28 Mar 2025

By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike. Service-sector inflation also perked up as rent prices rose ahead of …

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South Korea exports to rise for second month on chip boost; tariff risks loom: Reuters poll

28 Mar 2025

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely rose in March for a second straight month on a growth in chip sales, a Reuters poll found on Friday, but economists warned of weakening momentum due to U.S. tariffs. Outbound shipments from Asia’s fourth-largest economy are projected to have risen 3.5% in March from …

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SiCarrier says its tools can help China make advanced chips

28 Mar 2025

By Che Pan and Brenda Goh BEIJING (Reuters) – China can use domestically developed tools to make advanced semiconductors, countering U.S. curbs on Beijing’s access to high-end chipmaking technology, an executive at a major Chinese supplier said on Thursday. Du Lijun, president of chip equipment maker Shenzhen SiCarrier Industry Machines, said China faces export controls …

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Trading Day: Investors find auto motive for caution

27 Mar 2025

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Trump drives global trade war up a gear Investors went on the defensive Thursday, reducing exposure to risky assets like stocks after U.S. President Donald Trumpescalated the global trade wars with his plans …

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Pirelli board postpones financial report approval to April 28

27 Mar 2025

MILAN (Reuters) – Pirelli has postponed to April 28 the conclusions of its board meeting which had been scheduled to end on Thursday, the Italian tyremaker said, amid protracted tensions between leading investors. The meeting, initially scheduled for Wednesday, was officially aimed at finally approving Pirelli’s financial report for last year. But the further delay …

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US beef sales to China skid after Beijing lets export registrations lapse

27 Mar 2025

By Tom Polansek CHICAGO (Reuters) – U.S. beef sales to China have taken a dive, U.S. government data showed on Thursday, after Beijing allowed the expiration of registrations that had permitted exports from hundreds of American meat facilities. A tit-for-tat tariff dispute has also raised duties on U.S. meat and other goods shipped to China, …

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Chinese security firm Nuctech loses appeal against EU inspection

27 Mar 2025

BRUSSELS (Reuters) – Chinese security firm Nuctech said Europe’s top court had rejected its appeal to suspend a decision by the European Commission to inspect the company. Nuctech had taken its appeal to the Luxembourg-based European Court of Justice, which is the EU’s highest court. “It is with disappointment but respect that we acknowledge the …

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Assassin’s Creed creator Ubisoft sets up 4 billion euro subsidiary, backed by Tencent

27 Mar 2025

(Reuters) -French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China’s Tencent will invest 1.16 billion euros ($1.25 billion). The new subsidiary, valued at about 4 billion euros, will bring together the Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands, the group said in a statement. The …

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China accelerates government bond issuance in Q1 to highest on record

27 Mar 2025

SHANGHAI (Reuters) – China stepped up fiscal support and accelerated the pace of government bond issuance to the highest on record in the first quarter of this year, according to Reuters calculations based on official data. WHY IT’S IMPORTANT Market watchers believe China will adopt a more expansionary fiscal policy to stabilise economic growth this …

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