Reuters Asia Business

BEIJING (Reuters) – Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its official Weibo account on Wednesday. ($1 = 7.2507 Chinese yuan) (Reporting by Ethan Wang and Ryan Woo; Editing by Jacqueline Wong)

TOKYO (Reuters) – Japan’s December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials expressing optimism that wage hike momentum ahead is growing. Prime Minister Shigeru Ishiba sees strong wage growth as key to supporting a fragile economic recovery, while the Bank of …

Japan inflation-adjusted wages rise in December on jump in bonuses Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  First Mexico reached agreement with the United States to put U.S. tariffs on ice, then Canada did likewise, leaving the world’s attention on China. Can a similar rapprochement between Beijing and Washington be achieved? After China retaliated on Tuesday to sweeping …

Morning Bid: Tariffs, earnings eyed as China reopens Read More »

(Reuters) – Goldman Sachs on Tuesday said it expects Beijing’s retaliatory tariffs in response to new U.S. restrictions against Chinese goods to have only limited impact on energy prices. Minutes after U.S. President Donald Trump’s 10% tariff on Chinese goods kicked in at 12:01 a.m. ET (0501 GMT), China’s finance ministry said it would impose …

China retaliatory measures to have limited impact on energy prices, Goldman says Read More »

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Bridgewater Associates’ flagship fund Pure Alpha posted a gain of 8.2% in January, in a period when investors navigated a sell-off in AI-related stocks and uncertainties around the incoming U.S. administration, a source familiar with the matter said. It was not immediately clear what drove …

Bridgewater’s flagship fund rose 8.2% in January, source says Read More »

By Marianna Parraga (Reuters) – Venezuela’s oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA, and more cargoes to China, data based on vessel movements showed. The administration of former U.S. President Joe …

Venezuela oil exports rise on Chevron’s cargoes, more supply to China Read More »