Reuters Asia Business

BEIJING (Reuters) -Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) surrendered some earlier losses to end daytime trade …

Iron ore retreats as mounting concerns on weakening steel demand weigh Read More »

By Leika Kihara TOKYO (Reuters) – The risk of Japan ending up with a minority coalition government after the upcoming general election is raising concerns that the central bank could face complications in its quest to gradually wean the nation off decades of monetary stimulus. Several recent polls have shown the possibility of the ruling …

Analysis-Japan’s general election outcome could muddle BOJ plans Read More »

By Rahul Trivedi BENGALURU (Reuters) – The South Korean economy likely returned to growth last quarter after a mild contraction in the prior quarter thanks to an export-led expansion that offset higher borrowing costs squeezing domestic demand, a Reuters poll found. After an unexpected 0.2% contraction in the April-June quarter, Asia’s fourth-largest economy was projected …

South Korea economy likely returned to growth in Q3: Reuters poll Read More »

BEIJING (Reuters) -The jobless rate for 16-to-24-year olds in China, excluding students, fell to 17.6% in September from 18.8% a month prior, official data showed on Tuesday, offering officials relief after youth unemployment hit fresh highs for two straight months. Unemployment among young people and college graduates jumped from 13.2% in June to 17.1% in …

China’s youth unemployment rate falls after climbing for two straight months Read More »