Reuters Asia Business

By Hyunjoo Jin SEOUL (Reuters) – South Korea’s industry ministry has temporarily blocked employee access to Chinese artificial intelligence startup DeepSeek due to security concerns, a ministry official said on Wednesday, as the government urges caution on generative AI services. The government issued a notice on Tuesday calling for ministries and agencies to exercise caution …

South Korean ministries block DeepSeek on security concerns, officials say Read More »

By Joyce Lee SEOUL (Reuters) -SK Innovation Co Ltd, owner of South Korea’s top refiner SK Energy, said it expects refining margins to remain flat in 2025 due to rising jet fuel demand, despite production increases expected in countries such as the U.S. and Canada. The company, which is also parent of battery maker SK …

South Korea’s SK Innovation expects 2025 refining margins to remain flat Read More »

By Carolina Mandl NEW YORK (Reuters) – Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025 as they brace for volatility, an annual survey of institutional trading clients by JPMorgan Chase showed on Wednesday. The bank said 51% of its 4,233 respondents named inflation and …

Traders see tariffs, inflation as 2025’s biggest market movers, survey shows Read More »

(Reuters) -Singapore Exchange Ltd (SGX) reported on Thursday its highest ever half-year profit since going public, driven by strong performance across all its business segments, particularly cash equities and equity derivatives. The bourse operator, which has been struggling to attract listings from high-growth companies over the past few years, said it remained optimistic for the …

Singapore Exchange’s HY profit jumps on strength in equity segments Read More »

By Stephen Nellis and Arsheeya Bajwa (Reuters) – Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel demand for smartphones, and its share price fell after the bell on expectations of flat revenue from its patent licensing business. For its current fiscal second quarter, Qualcomm forecast a sales …

Qualcomm sales beat estimates, shares drop after licensing forecast Read More »

By Casey Hall (Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the “de minimis” exemption on import tariffs. Trump’s halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on …

‘De minimis’: the trade perk Trump ended as part of China tariffs Read More »

By Koh Gui Qing NEW YORK (Reuters) – U.S. President Donald Trump’s complaints about China’s trade practices have increased the odds that a 25-year-old U.S. law that established free trade with Beijing is repealed, trade experts said, a move that could raise tariffs to 61% on average. Buried in the barrage of first-day executive orders …

Analysis-Trump’s China focus increases odds its special trading status could end Read More »

By Jonathan Stempel (Reuters) – U.S. prosecutors on Tuesday unveiled an expanded 14-count indictment accusing former Google software engineer Linwei Ding of stealing artificial intelligence trade secrets to benefit two Chinese companies he was secretly working for. Ding, 38, a Chinese national, was charged by a federal grand jury in San Francisco with seven counts …

Ex-Google engineer faces new US charges he stole AI secrets for Chinese companies Read More »