Reuters Asia Business

By Amy Lv and Colleen Howe BEIJING (Reuters) -China’s iron ore imports in October climbed by 4.48% from the prior year, official data showed on Thursday, as steelmakers’ margins improved thanks to Beijing’s massive economic stimulus package spurring more buying. China, the world’s largest iron ore consumer, brought in 103.84 million metric tons of the …

China’s October iron ore imports stay elevated on improved steel margins Read More »

By Makiko Yamazaki TOKYO (Reuters) -Japan’s top currency diplomat Atsushi Mimura flagged on Thursday readiness to act against the weaker yen, in the government’s strongest warning against speculators in recent months as the yen plunged to fresh three-month lows. Describing recent currency moves as “one-sided and drastic,” he told reporters that Japanese authorities were “closely …

Japan’s top FX diplomat escalates warnings against weaker yen Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  Investors in Asia wake up on Thursday to a global market landscape redrawn by Donald Trump’s resounding U.S. election victory that has propelled Wall Street to new highs and sparked a huge surge in the dollar and U.S. bond yields. Any …

Morning Bid: Bracing for higher US yields, dollar, inflation Read More »

By Marius Zaharia HONG KONG (Reuters) -A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world’s second-largest economy. Not only are the tariff rates much higher than the 7.5%-25% levied on China during his …

Why China’s economy is more vulnerable to Trump tariffs this time Read More »

By Max A. Cherney, Deborah Mary Sophia SAN FRANCISCO (Reuters) -Chip designer Arm Holdings on Wednesday forecast revenue in line with Wall Street targets, sparking a 4.5% drop in shares that some analysts attributed to dashed hopes for stronger, AI-fueled growth. Bets that Arm, which licenses its designs, will benefit from a surge in AI …

Arm forecasts results in line with expectations and shares drop Read More »