Reuters Asia Business

By Wen-Yee Lee TAIPEI (Reuters) – TSMC’s new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements, the Taiwanese company’s CEO said. Taiwan Semiconductor Manufacturing Co CEO and Chairman C.C. Wei said building the new factory in …

TSMC’s US plant unlikely to get latest chip tech before Taiwan, CEO says Read More »

TOKYO (Reuters) – About 85.7% of Japanese households expect prices to rise a year from now, a quarterly central bank survey in December showed on Friday, roughly unchanged from 85.6% in the previous poll in September. Of the total, 82.5% expect prices to rise five years from now, down from 83.6% in the previous survey. …

Nearly 86% of Japan households see prices rising a year from now, survey shows Read More »

TOKYO (Reuters) – Japan’s core consumer inflation likely accelerated in December, boosted by higher energy costs, while the Bank of Japan is seen raising rates next week, a Reuters poll showed on Friday. The core consumer price index (CPI), which includes oil but excludes fresh food prices, rose to 3.0% in December from a year …

Japan Dec consumer inflation likely quickened on energy costs- Reuters poll Read More »

JAKARTA (Reuters) – Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ruling. The world’s largest palm oil producer Indonesia brought the case to the WTO dispute body in 2019 after the EU decided …

Indonesia expects EU to adjust palm oil biofuel stance after EU ruling Read More »

BEIJING (Reuters) – Property investment in China fell 10.6% in 2024, after tumbling 10.4% year-on-year in the first eleven months, National Bureau of Statistics data showed on Friday. Property sales by floor area dropped 12.9% last year, compared with a 14.3% decline in the January-November period. New construction starts measured by floor area declined 23.0% …

China’s property investment drops 10.6% in 2024, sales slump 12.9% Read More »

By Rajasik Mukherjee (Reuters) -Rare earths miner Lynas missed market forecasts for its second-quarter revenue and warned on Friday it expects tough market conditions to prevail in the coming quarter on subdued demand from China, sending its shares down more than 6%. Lynas, the world’s largest producer of rare earths outside China, said it had …

Australia’s Lynas flags challenging conditions ahead in rare earths market Read More »