Reuters Asia

Chinese militia boats cross Indian, ASEAN warships exercising in South China Sea

By Krishn Kaushik and Francesco Guarascio NEW DELHI/HANOI (Reuters) – Boats belonging to a Chinese maritime militia approached an area where navies of India and ASEAN countries were taking part in drills in the South China Sea, two Indian sources said on Monday. An independent expert in Vietnam said Beijing appeared to be using the …

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EU takes aim at Chinese firms in proposed new Russia sanctions – sources

By Gabriela Baczynska BRUSSELS (Reuters) -The European Union’s executive has proposed blacklisting several Chinese companies and curbing exports to nations seen as involved in bypassing Russia trade restrictions under new sanctions against Moscow for the war against Ukraine. The 27 EU member countries – which must all agree for new sanctions to be enacted – …

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Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday suspended the trading of shares in NH Hotel Group SA pending information from the company, just as its Thailand-based parent company offered to buy NH stocks in the market. The regulator said the suspension was a “precautionary measure” taken “while relevant information on the aforementioned …

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Toyota suspends sales of Yaris model in Thailand after safety test problem

By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker Toyota Motor Corp has stopped sales and deliveries of its Yaris Ativ in Thailand, senior officials said on Monday, after its affiliate Daihatsu rigged part of the door in side-collision safety tests. The problem may have occurred due to pressure on Daihatsu to shorten the …

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