Reuters Asia Top

By Jessie Pang HONG KONG (Reuters) -Hong Kong firefighters battled on Friday to control a blaze at a warehouse in the city’s bustling Kowloon district, as yellow smoke billowed from windows and 1,600 people evacuated nearby buildings, although there were no reports of casualties yet. Authorities in the Asian financial hub upgraded the fire to …

Hong Kong firefighters battle warehouse blaze in densely packed Kowloon Read More »

HONG KONG (Reuters) – Hong Kong’s government announced a series of measures on Friday to attract wealthy family offices to set up in the financial hub as authorities try to restore business confidence and investor allure after three years of severe COVID-19 rules. A revamped investment migration scheme, new tax concessions and incentives such as …

Hong Kong government announces measures to lure wealthy family offices Read More »

By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Japan’s core consumer inflation slowed in February but an index stripping away energy costs hit a four-decade high, data showed on Friday, suggesting cost-push pressures may persist longer than policymakers thought. With inflation still exceeding the Bank of Japan’s 2% target, the data will keep alive …

Japan’s consumer inflation off 41-year high but cost pressure persists Read More »

BEIJING (Reuters) – China’s defence ministry said on Friday that it yet again had to monitor and drive away the U.S. Navy destroyer USS Milius that entered its territorial waters in the South China Sea near the Paracel Islands. “We sternly demand the U.S. to immediately stop such provocative acts, otherwise it will bear the …

China, U.S. Navy in row over guided-missile destroyer in South China Sea Read More »

WASHINGTON (Reuters) – President Joe Biden’s administration is seeking more than $7 billion over the next two decades for economic assistance to three Pacific island countries, a State Department official said on Thursday, funds seen as key to insulating the U.S. allies from growing Chinese government influence. Washington said earlier this year it had reached …

U.S. aims for over $7 billion in aid for 20-year Pacific islands compacts Read More »

By Anthony Boadle and Lisandra Paraguassu BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva heads to China this weekend for a five-day visit to refresh relations with his country’s largest export market and seek new Chinese investment in the Latin American country. Lula will meet with Xi Jinping on March 28 in Beijing, …

Lula’s China visit to refresh Brazil ties with pragmatic approach Read More »