Reuters Asia Business

TAIPEI (Reuters) – Taiwan’s exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading partner China, with the outlook upbeat. Exports rose 9.7% on the year to $41.09 billion, the finance ministry said on Monday, both beating a forecast for expansion …

Taiwan November exports expand faster than expected, outlook upbeat Read More »

By Selena Li, Scott Murdoch, Julie Zhu and Kane Wu SYDNEY/HONG KONG (Reuters) – Regulators in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’ listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world’s No. 2 …

Exclusive-China regulators tell banks to expedite offshore company listings, sources say Read More »

BEIJING (Reuters) – China’s car sales grew 16.6% in November from a year earlier, its fastest pace since January, as government-subsidised auto trade-ins gather steam near the end of the year. Sales totalled 2.45 million units last month, data from the China Passenger Car Association (CPCA) showed on Monday. For the first 11 months of …

China’s Nov car sales rise fastest since January, subsidised trade-ins gain steam Read More »

BEIJING (Reuters) – China’s current development faces many uncertainties and challenges, President Xi Jinping said at a symposium on Dec. 6, urging full preparation to achieve 2025 economic targets, state media Xinhua reported on Monday. “We must maintain strategic focus” and actively build an external environment that is favorable to us, Xinhua reported, citing Xi …

China’s Xi urges ‘full preparation’ to achieve 2025 economic targets Read More »

TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Ryozo Himino will deliver a speech and hold a news conference in the eastern Japan city of Yokohama on Jan. 14, the central bank said on Monday. The event will precede the BOJ’s policy-setting meeting on Jan. 23-24, when some analysts expect the central bank to …

BOJ Deputy Governor Himino to deliver speech Jan. 14 Read More »

By Liz Lee BEIJING (Reuters) – China’s new yuan loans are expected to have almost doubled in November from October, a Reuters poll showed on Monday, demonstrating firmer credit demand as Beijing’s recent efforts to prop up economic growth lift confidence. Banks likely issued 990 billion yuan ($136.02 billion) in net new yuan loans last …

China’s Nov bank lending seen doubling as stimulus kicks in: Reuters poll Read More »

TOKYO (Reuters) – Japan’s bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research (TSR) showed on Monday, ahead of a closely watched central bank meeting next week. In November, 841 Japanese companies went bankrupt, bringing the January-November tally to 9,164, already exceeding last …

Japan’s bankruptcies set to hit 11-year high in 2024, data shows Read More »

SYDNEY (Reuters) – Citigroup has appointed Harish Raman as the head of its equity capital markets (ECM) execution, origination and solutions business for Asia North, Asia South and Australia, according to a memo seen by Reuters on Monday. Raman will also retain his current title as the head of equity capital markets syndicate for Asia, …

Citigroup’s Harish Raman given expanded Asian ECM role Read More »

By Liz Lee and Joe Cash BEIJING (Reuters) – China’s exports likely grew in November, slower than last month’s bumper data but continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming U.S. administration. Outbound shipments are expected to have risen 8.5% year-on-year by value in November, the …

China’s Nov exports likely grew 8.5% as factories shift stocks overseas: Reuters poll Read More »