Reuters Asia Business

SINGAPORE (Reuters) – Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen in his first term will be more harmful than helpful to the struggling economy. From the pricing …

Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much Read More »

By Selena Li HONG KONG (Reuters) – Citadel Securities, one of the world’s largest market makers, on Friday filed an application for a securities licence in China, about a year after its global CEO expressed interest in entering the market. Billionaire Ken Griffin’s Citadel Securities has become the latest U.S. firm to make a foray …

Citadel Securities applies for securities licence in China Read More »

BEIJING (Reuters) – China’s commerce ministry kicked off subsidised auto trade-ins on Friday, extending a program likened to the U.S. “cash-for-clunkers” stimulus that had bolstered China’s car sales last year. The auto trade-in subsidies were announced earlier this month as part of the expanded consumer trade-in scheme to revive economic growth. (Reporting by Beijing newsroom)

By Makiko Yamazaki TOKYO (Reuters) – Japan’s ambition to deliver a primary budget surplus for the first time in decades is going to be pushed back a year, a government estimate showed on Friday, as pressures for more spending weigh on the state budget this year. The forecast, presented at a meeting of the government’s …

Japan projects primary budget surplus in fiscal 2026, delayed by a year Read More »

By Rajendra Jadhav and Anushree Mukherjee (Reuters) – Gold discounts in India widened to six-month highs this week as a rise in domestic prices dampened demand and jewellers awaited the annual federal budget, while physical gold demand in China was solid ahead of the Lunar New Year festival. The rebound in gold prices has hammered …

Asia Gold: India discounts widen to 6-month high, China sees New Year boost Read More »

TOKYO (Reuters) – Most Japanese companies with operations in the United States are preparing for possible additional tariffs under the incoming Trump administration, according to a survey released on Friday by the Japan External Trade Organization. Those efforts include strengthening manufacturing and procurement in the U.S. and considering product price hikes, the survey showed. It …

Japan companies preparing for Trump tariffs, survey shows Read More »