Reuters Asia Business

By Mei Mei Chu BEIJING (Reuters) – China’s imports of rapeseed from Canada, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday. Beijing in September launched a one-year investigation into rapeseed imports from Canada after Ottawa imposed tariffs on Chinese-made …

China’s Dec imports of Canadian rapeseed decline amid trade probe Read More »

TOKYO (Reuters) – The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden’s administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources. The two steelmakers on Jan. 6 filed the lawsuit against Biden’s order blocking Nippon Steel’s planned $14.9 billion buyout …

Hearing on Nippon Steel’s lawsuit over U.S. Steel bid set for Feb-March, Kyodo says Read More »

By Emily Chow SINGAPORE (Reuters) – Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data. The diverted cargoes could help meet additional European demand as countries seek …

LNG traders divert six US cargoes to Europe from Asia Read More »

HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate held steady at 3.1% in the October-December period versus the prior three-month period, the government said on Monday. The unemployment rate was steady to the September-November and August-October periods and was slightly up from 3% in the July-September period. “The labour market should remain largely …

Hong Kong’s Oct-Dec unemployment holds steady at 3.1% Read More »

(Reuters) – China’s foreign ministry said on Monday companies should “decide independently” on matters of their operations and deals, responding to a question about U.S. President-elect Donald Trump proposing a 50% U.S. ownership in TikTok. (Reporting by Beijing newsroom; Editing by Tom Hogue)

BEIJING/SEOUL (Reuters) – Chinese planemaker COMAC plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a COMAC executive told a media outlet supported by the Shanghai government. COMAC Deputy General Manager Shen Bo also said the Shanghai-based state-owned firm aims to manufacture 30 C919 aircraft this year, in an …

China’s COMAC aims to lift C919 jet production capacity to 50 this year, report says Read More »