Reuters Asia Business

By Amy Lv and Lewis Jackson BEIJING (Reuters) – China’s iron ore imports in the first two months of 2025 fell by 8.4% from the same period a year earlier, curbed by weather-related supply disruption in major producer Australia. The world’s largest iron ore consumer brought in 191.36 million metric tons of the key steelmaking …

China January-February iron ore imports hit by Australia weather-related disruptions Read More »

(Reuters) -China imports of soybean and coal rose in January-February from a year earlier, while those of iron ore, crude oil, and unwrought copper fell, customs data showed on Friday. China’s exports in the January-February period increased just 2.3% year-on-year by value, while imports unexpectedly contracted 8.4%. A Reuters poll of economists had forecast a …

China’s January-February imports of soybean, coal rise; iron ore, crude oil fall Read More »

SHANGHAI (Reuters) – China’s unwrought copper imports declined by 7.2% year-on-year to 837,000 metric tons in the first two months of 2025, customs data on Friday showed, due to increased domestic smelting capacity that reduced the need for additional imports. Copper prices, both in China and globally, rose following U.S. President Donald Trump’s tariff threats. …

China’s January-February copper imports fall 7.2% y/y to 837,000 tons Read More »

BEIJING (Reuters) – China’s exports in the January-February period increased just 2.3% year-on-year by value, while imports unexpectedly contracted 8.4%, customs data showed on Friday. A Reuters poll of economists had forecast a 5% expansion in exports and a 1% increase in imports. Those compared with exports growth of 10.7% and imports growth of 1.0% …

China’s January-February exports, imports weaker than expected Read More »

TOKYO (Reuters) – Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday. The remark highlights the government’s optimism over the economic outlook, which could affect the timing of the Bank of Japan’s next interest rate hike. While inflation has …

Japan ready to declare end to deflation, economy minister says Read More »

By Makiko Yamazaki TOKYO (Reuters) – Japanese Finance Minister Katsunobu Kato said on Friday that authorities would take appropriate action against excessive moves in the foreign exchange market, reiterating the warning after the yen’s rise to five-month highs. “We’ve been seeing one-sided, rapid movements since December,” Kato said at a regular press conference, when asked …

Japan finance minister warns of action against FX volatility after yen rebounds Read More »

SEOUL (Reuters) – Samsung Electronics’ head of North American public affairs is expected to resign and it is looking for a successor with ties to U.S. President Donald Trump’s administration and the Republican Party, a South Korean newspaper reported on Friday. Samsung is looking to replace the current person in the North American external relations …

Samsung seeking US public affairs head with Trump ties, newspaper says Read More »