Reuters Asia Business

By Makiko Yamazaki TOKYO (Reuters) – Japanese corporate spending on plant and equipment dropped 0.2% year-on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, marking the first quarterly fall in nearly four years amid growing uncertainties over the global economy. Although firms remain keen for capital expenditure due to robust profits, intensifying …

Japan corporate capex drops for first time in 4 years amid tariff fears Read More »

By Mrinmay Dey and Angela Christy M (Reuters) -Britain’s privacy watchdog, the Information Commissioner’s Office, on Monday launched an investigation into how TikTok, Reddit and online image sharing website Imgur safeguard children’s privacy. Social media companies use complex algorithms to prioritise content and keep users engaged. However, the fact that they amplify similar content can …

UK probes TikTok, Reddit over children’s personal data practices Read More »

SEOUL (Reuters) -South Korea’s factory output fell in January, while corporate investment also dropped, government data showed on Tuesday, in another sign of growing uncertainty over U.S. tariffs and their ripple effects across the global supply chain. Industrial output fell 2.3% over the month on a seasonally adjusted basis, after an increase of 3.9% in …

South Korea factory output falls in January, investment drops Read More »

JAKARTA (Reuters) – Indonesia’s troubled textile firm PT Sri Rejeki Isman, or Sritex, is in talks with potential investors to take over assets under a lease scheme, the company’s curator said on Monday. Sritex was declared bankrupt at the end of last year as it struggled to service its debts, which reached $1.6 billion in …

Indonesia textiles giant Sritex in talks with investors to lease assets following bankruptcy Read More »

By Maki Shiraki TOKYO (Reuters) – Honda has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter. The change underscores how manufacturers are scrambling to adapt to U.S. President …

Exclusive-Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say Read More »