Reuters Asia Business

TOKYO (Reuters) – S&P Global Ratings revised Nissan Motor’s credit outlook to negative from stable and affirmed its BB+ rating, as it expected it would take the Japanese automaker longer to improve its business performance. “The negative outlook reflects our view that the company’s creditworthiness will continue to deteriorate if profitability does not improve and …

S&P lowers Nissan’s outlook to negative, affirms BB+ ratings Read More »

By Kevin Yao BEIJING (Reuters) – China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the blow from impending U.S. tariff hikes. Gross domestic product (GDP) likely grew 4.9% in 2024 …

China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll Read More »

By Leika Kihara TOKYO (Reuters) – Japan’s service-sector sentiment improved in December but companies expect conditions to sour ahead, a government survey showed on Tuesday, a sign the rising cost of living was weighing on household spending. Separate data showed corporate bankruptcy cases hit a decade-high last year due partly to rising raw material costs …

Japan’s service mood improves, rising costs cloud outlook Read More »

JAKARTA (Reuters) – A tax system upgrade in Indonesia has had a problematic launch this month with the tax office apologising after users, including foreign businesses, complained of disruption, glitches and outages that affected their operations. When President Prabowo Subianto launched the 1.2 trillion rupiah ($74 million) “core tax” system on Jan. 1, he said …

Users frustrated as Indonesia’s tax system upgrade hit by problems Read More »

By Nandan Mandayam and Aditi Shah BENGALURU (Reuters) – A slow ramp-up of electric vehicle sales for Hyundai and its affiliate Kia in India and increased sales of gasoline-engine SUVs are undermining their decarbonisation efforts, Greenpeace East Asia said on Tuesday. Hyundai and Kia saw their per-vehicle tailpipe emissions drop in their major markets of …

Hyundai’s slow EV ramp-up in India hurts its decarbonisation efforts, Greenpeace says Read More »

KUALA LUMPUR (Reuters) – The European Union’s pending anti-deforestation law presents both challenges and opportunities for Malaysia’s palm oil industry, Malaysia’s deputy commodities minister told an industry conference on Tuesday.  Deputy Minister Chan Foong Hin said it was crucial for the industry to understand the impact of the EU law so that domestic practices could …

Malaysia says EU deforestation law presents challenges, opportunities for palm industry Read More »