Reuters Asia Business

By Manoj Kumar NEW DELHI (Reuters) -India’s small engineering goods exporters have urged the government to cut import tariffs on some U.S. goods to try and achieve more favourable trade terms as President Donald Trump prepares to implement new steel and aluminium duties, the head of an industry body said. The 25% U.S. tariffs on …

India’s small exporters seek import duty cuts to counter US steel, aluminium tariffs Read More »

By Tim Kelly, Kentaro Okasaka and Rocky Swift TOKYO (Reuters) -Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy. In his latest trade salvo this week, …

Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat Read More »

By Michael Martina WASHINGTON (Reuters) -A U.S. congressional committee on Wednesday urged Americans to remove Chinese-made wireless routers from their homes, including those made by TP-Link, calling them a security threat that opened the door for China to hack U.S. critical infrastructure.  The House of Representatives Select Committee on China has pushed the Commerce Department …

US congressional panel urges Americans to ditch China-made routers Read More »

BEIJING (Reuters) – China’s financial regulator said on Wednesday it will launch a pilot program to relax merger and acquisition (M&A) loan issuance to technology firms, according to a statement released by the National Financial Regulatory Administration. Under the pilot program, the proportion of such loans will be allowed to account for as much as …

China will relax merger and acquisition loans for technology enterprises Read More »

By Naveen Thukral and Mei Mei Chu SINGAPORE/BEIJING (Reuters) – China’s new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world’s top agricultural importer to source more meat, dairy and grains from countries in South America, Europe and the Pacific. Shipments to China from key soybean supplier Brazil, top …

China to boost food imports from Latin America, Europe as US trade war escalates Read More »

By Danial Azhar KUALA LUMPUR (Reuters) -Malaysia will pay Arm Holdings $250 million over 10 years to acquire the firm’s chip design plans for local manufacturers, the government said on Wednesday as it looks to produce its own chips within the next decade amid an AI boom. The Southeast Asian nation plans to produce its …

Malaysia to pay Arm Holdings $250 million for chip design blueprints Read More »