(Reuters) – The U.S. is discussing whether to add Chinese ecommerce retailers Shein and Temu to the Department of Homeland Security’s (DHS) ‘forced labor’ list, Semafor reported on Tuesday. The Trump administration has not made a final decision on the matter and could ultimately decide not to list either, the report said, citing two sources …
BANGKOK (Reuters) – Thailand’s government will implement the third phase of its 450 billion baht ($13.4 billion) stimulus scheme in the second quarter of 2025, and will also discuss more measures later this month, a deputy finance minister said on Wednesday. The “digital wallet” handout scheme and other government measures will help spur the economy …
Thailand to roll out next phase of handout scheme in Q2, plans more stimulus Read More »
By Bing Hong Lok SINGAPORE (Reuters) – Singapore recorded a 21% increase in international visitor arrivals to 16.5 million last year, the highest number since the COVID pandemic, and the tourism board said it expected further growth this year. Arrivals in 2025 were expected at between 17 million and 18.5 million, the Singapore Tourism Board …
Singapore says visitor arrivals rise 21% in 2024 Read More »
TOKYO (Reuters) – Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world’s top-selling automaker said on Wednesday. In a statement, Toyota said the unit would develop a new Lexus EV and that initial …
Toyota to set up wholly owned EV, battery unit in China Read More »
HANOI (Reuters) – Vietnam’s consumer price index rose 3.63% in January from a year earlier while industrial production rose a modest 0.6% due to the Lunar New Year holidays late in the month, the government said on Wednesday. The figures were published on the government’s portal one day before the statistics office was due to …
By Amy Lv and Lewis Jackson BEIJING (Reuters) – Shares of major Chinese tungsten producers rallied on Wednesday as markets reacted to Beijing’s latest critical mineral export controls on the first day of trading after the week-long Lunar New Year holiday. Soon after fresh U.S. tariffs on Chinese goods took effect on Tuesday, China said …
Shares of China tungsten producers rally on Beijing’s latest export curbs Read More »
By Sudarshan Varadhan DILI (Reuters) – East Timor would prefer to work with Australia and partners Woodside Energy and Japan’s Osaka Gas over Chinese firms that have expressed interest in developing the stalled Greater Sunrise natural gas field, its president said. The comments by President Jose Ramos-Horta in an interview with Reuters mark the first …
By Mikhail Flores MANILA (Reuters) – The Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday, as annual inflation held steady at 2.9% in January, staying within its target range. The increase in the consumer price index (CPI) matched the previous month’s rate, but it was higher than …
Philippine central bank to take ‘measured approach’ in easing as inflation steadies Read More »
BEIJING (Reuters) – China’s services activity expanded at a slower pace in January, with the Lunar New Year holidays worsening employment, but business sentiment improved, a private sector survey showed on Wednesday. The Caixin/S&P Global services purchasing managers’ index (PMI), slipped to 51.0 from 52.2 in December, but remained above the 50-mark that separates expansion …
China’s services activity grows at slower pace, Caixin PMI shows Read More »
KUALA LUMPUR (Reuters) – Malaysia’s trade ministry said on Wednesday it has revised anti-dumping duties on imports of stranded steel wires for prestressing concrete from China, and said they will be in place until late 2026. The duty for producers and exporters will be set at 21.72%, with the rates for Silvery Dragon Prestressed Materials …
Malaysia revises anti-dumping duties on Chinese stranded steel wires Read More »
