Reuters Asia Business

By Ashitha Shivaprasad, Amy Lv and Lewis Jackson (Reuters) – China announced sweeping export restrictions on Tuesday targeting five metals used across defence, clean energy and other industries minutes after an additional 10% tariff on Chinese goods imposed by U.S. President Donald Trump came into effect. Here is what you need to know about these …

Factbox-What are five new critical metal exports restricted by China? Read More »

SEOUL (Reuters) – South Korea’s Air Busan will not allow passengers to keep power banks in luggage stored in overhead cabin bins, in what on Tuesday it called a preemptive measure after one of its planes was engulfed in flames last week. An investigation led by South Korean authorities into the fire has begun, but …

Air Busan to disallow power banks in overhead bins after plane fire Read More »

SEOUL (Reuters) – A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea’s decision to keep policy rates unchanged in January, said the economy faces bigger risks due to domestic political turmoil and U.S. policy changes, minutes from the bank’s meeting showed on Tuesday. The Bank of Korea on Jan. 16 unexpectedly …

Bank of Korea board members open to near-term rate cut, see headwinds from US policies -minutes Read More »

By Phuong Nguyen HANOI (Reuters) – Transport and logistics businesses in Vietnam reported disruptions in their operations and mounting costs caused by stricter traffic rules in force since the start of the year, according to a survey released on Tuesday. The new road safety regulations have steeply increased fines for serious road offences, such as …

Supply chain firms face disruptions in Vietnam from stricter driving rules, report says Read More »

By Kantaro Komiya TOKYO (Reuters) – Demand for gas turbines should remain solid even if data centres require less electricity, Mitsubishi Heavy Industries’ (MHI) finance chief said on Tuesday, after a market rout last week driven by the arrival of Chinese AI DeepSeek. While DeepSeek’s performance remains unproven, MHI had no particular concern on its …

Gas turbine demand is solid despite DeepSeek, Mitsubishi Heavy CFO says Read More »

SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC said on Tuesday that it has appointed Bryan Yeo, currently deputy group chief investment officer, as group CIO, taking over from Jeffrey Jaensubhakij who will retire and be appointed a GIC adviser. GIC added in the statement that it has also appointed Boon Chin Hau as CIO …

Singapore’s GIC appoints Bryan Yeo as group chief investment officer Read More »

HANOI (Reuters) – Vietnam will hold talks with foreign partners this month about projects to develop its first two nuclear power plants, the government said on Tuesday.  State utility EVN and oil and gas firm PetroVietnam have been assigned as the investors for the first two plants, the government said in a statement. It will …

Vietnam to talk soon with foreign partners on nuclear power plants Read More »