Reuters Asia Business

BEIJING (Reuters) – Exporters this week jostled to load and ship cargo from Shenzhen’s Yantian Port, one of the world’s largest container ports, before an eight-day Lunar New Year holiday and ahead of a potential wave of U.S. tariffs on Chinese goods. Yantian, which handles one-third of Guangdong’s international trade and one-quarter of China’s exports …

Major Chinese port hit by congestion ahead of holiday, Trump tariff threat Read More »

TOKYO (Reuters) – Consumer inflation in Tokyo likely accelerated in January, underlining persistent pressure on living costs, a Reuters poll showed on Friday. The core CPI for Japan’s capital will come out after the Bank of Japan on Friday raised interest rates to their highest in 17 years, underscoring its confidence that rising wages will …

Tokyo inflation seen picking up in Jan on energy costs- Reuters poll Read More »

TOKYO (Reuters) – China’s BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on Friday, as it aims to expand its lineup in the country to seven or eight models over the next two years or so. The Shenzhen-based automaker also said it will start selling its fourth …

BYD plans to sell plug-in hybrids in Japan Read More »

HONG KONG (Reuters) – Hong Kong’s home prices fell 0.7% in December and 7.1% in 2024, government figures showed, as the property market struggles to find a bottom despite interest rate cuts and government support measures. BY THE NUMBERS Private home prices fell 0.7% in December from the month before, following a revised 0.03% rise …

Hong Kong home prices slip in Dec, fall 7.1% in 2024 Read More »

BANGKOK (Reuters) – Thailand’s consumer spending over the Lunar New Year period could rise 4.5% to a five-year high of 52 billion baht ($1.54 billion), helped by government stimulus measures and higher income, a survey showed on Friday. The estimated spending compares with 50 billion baht ($1.48 billion) last year, according to the survey by …

Thai Lunar New Year spending seen at 5-year high, survey shows Read More »

SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from the previous rate, according to an online statement …

China cenbank conducts medium-term loan operation, rate unchanged Read More »