Reuters Asia Business

BEIJING (Reuters) -China has banned the direct and indirect import of ruminants and related products from Liechtenstein due to an outbreak of bluetongue disease, the General Administration of Customs said on its website on Tuesday. The move follows an Oct. 28 report from Liechtenstein to the World Organisation for Animal Health after three cases were …

China bans imports of ruminant animals from Liechtenstein due to bluetongue disease Read More »

(Reuters) – China is preparing to reduce taxes on home purchases, Bloomberg News reported on Tuesday, citing people familiar with the matter. Regulators are developing a proposal that would enable major cities, such as Shanghai and Beijing, to reduce the deed tax for buyers to as low as 1%, down from the current rate of …

China plans to cut home-buying taxes, Bloomberg News reports Read More »

TOKYO (Reuters) – The Japanese government is planning to continue gasoline subsidies next year with phased in reductions, the Nikkei newspaper said on Tuesday. In a draft economic stimulus plan, the subsidies will continue in 2025, but upper price limits for consumers will be raised from about 175 yen ($1.14) per litre to 185 yen, …

Japan to continue gasoline subsidies at reduced levels, Nikkei says Read More »

By Alden Bentley A look at the day ahead in Asian markets.  The Trump trade carried Wall Street to fresh records on Monday but election-week momentum faded in holiday thinned markets that don’t leave Asia much to cue off aside from disappointment in China’s stimulus proposals. Except, perhaps, in the cryptosphere, where Donald Trump’s sweeping …

Morning Bid: Trump-fueled records without momentum, or bonds Read More »

LOS ANGELES (Reuters) – Shipments from China helped U.S. imports of containerized goods exceed 2.4 million 20-foot equivalent units (TEUs) for the fourth consecutive month in October, trade data supplier Descartes Systems Group said on Monday. U.S. container imports last month totaled 2.49 million TEUs, a 1% decline from September and just 2.4% lower than …

Goods from China boosted U.S. ocean imports in October, Descartes said Read More »

By Arathy Somasekhar HOUSTON (Reuters) – U.S. exports of crude oil to China, the world’s top oil importer, have rebounded in October from their lowest levels since 2020 amid weak Chinese fuel demand and refinery profits, but the outlook for growth in exports is glum, according to ship tracking service Kpler on Monday. China’s monthly …

US crude exports to China rebound from four-year low but outlook glum, Kpler says Read More »