BEIJING (Reuters) – China’s Premier Li Qiang is expected to unveil the country’s main economic targets for 2025 at an annual parliament meeting which kicks off on March 5. GROWTH TARGET Beijing is expected to keep its economic growth target unchanged at roughly 5%. Analysts say this goal is ambitious, given China is fighting a …
Factbox-Key economic targets expected to be approved by China’s parliament Read More »
(Reuters) -Singapore’s Olam Group reported a slump in its full-year underlying profit on Friday, impacted by an increase in net finance costs coupled with a sharp rise in prices of commodities such as cocoa and coffee. Olam, one of the world’s biggest agricultural commodities traders, reported operational profit after tax and minority interests of S$216.3 …
Olam Group’s profit drops on rising commodity prices, finance costs Read More »
TOKYO (Reuters) – Japan’s factory output fell 1.1% in January from the previous month, roughly in line with a median market forecast for a 1.2% decline, government data showed on Friday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 5.0% in February and fall 2.0% in March. …
Japan January factory output falls 1.1% month-on-month Read More »
TOKYO (Reuters) – Japanese retail sales rose 3.9% in January from a year earlier, government data showed on Friday. The median market forecast was for a 4.0% rise. To view full tables, go to the website of the Ministry of Economy, Trade and Industry at: (Reporting by Yoshifumi Takemoto; Editing by Chang-Ran Kim)
SHANGHAI/HONG KONG (Reuters) – Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping’s recent show of support to the country’s private enterprises. AI-powered optics startup Rid Vision, brain-computer interface company AI CARE Medical and robot-maker Shanghai Qingbao Engine Robotics are among …
China tech startups race to capitalise on DeepSeek fever, Xi’s meeting Read More »
By Kylie Madry MEXICO CITY (Reuters) – Mexico is weighing further trade measures to crack down on low-cost shipments into the country, an official said on Thursday, after slapping tariffs on so-called “de minimis” purchases largely coming from China. “There is a political objective, which is cracking down on contraband,” Deputy Economy Minister Vidal Llerenas …
Mexico analyzing more measures to crack down on low-cost shipments, official says Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A mega wave of regional economic data breaks on Asian markets on Friday, with investors already bracing for a nervous end to the month as they weigh up tariff threats from Washington, further signs of U.S. economic slowdown, and fatigue on …
Morning Bid: Tariffs, tech fatigue rev up month-end turbulence Read More »
By Karen Freifeld (Reuters) – U.S. President Donald Trump’s nominee to a post overseeing export policy on Thursday called reports about Taiwan Semiconductor Manufacturing Co producing hundreds of thousands of chips that went to China’s Huawei, a “huge concern.” Jeffrey Kessler, Trump’s pick for under secretary of commerce for industry and security, was asked at …
Report of TSMC chips that went to Huawei ‘huge concern,’ US Commerce nominee says Read More »
By Leika Kihara CAPE TOWN (Reuters) -Bank of Japan Governor Kazuo Ueda on Thursday warned of “very strong” uncertainty on the global economic outlook that required vigilance in setting monetary policy. Speaking after attending the Group of 20 finance leaders’ meeting in South Africa, Ueda said many members appeared to share the view there was …
BOJ chief warns of strong global uncertainty due to US tariffs Read More »
By Chen Aizhu SINGAPORE (Reuters) – Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it. Reuters reported last May that companies were investing more than $1 billion to build China’s first plants to turn …
China ‘green’ jet fuel plants push back start-up amid lack of policy Read More »
