By Roger Tung and Faith Hung TAIPEI (Reuters) – Taiwan’s exports exceeded analyst forecasts but still contracted for the eighth straight month in April, as demand for its tech products remained soft, especially from its biggest market China. Exports last month were down 13.3% by value from a year earlier at $35.96 billion, the Ministry …
Taiwan April exports slip for 8th month, but beat forecasts Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -India’s key benchmarks advanced over 1% on Monday, helped by a recovery in financials, strong earnings, and on improved sentiment following robust economic data from the United States. The Nifty 50 closed 1.08% higher at 18,264.40, while the S&P BSE Sensex rose 1.16% to 61,764.25. Both benchmarks posted their best …
Indian shares rise after financials rebound from Friday’s slide Read More »
BEIJING (Reuters) -China’s Foreign Minister Qin Gang said on Monday it is imperative to stabilise Sino-U.S. relations after a series of “erroneous words and deeds” threw ties back into a deep freeze. Qin, in a meeting in Beijing with U.S. ambassador Nicholas Burns, stressed in particular that the United States must correct its handling of …
By Xinghui Kok and Chen Lin SINGAPORE (Reuters) – China is hammering out details with Singapore on a bilateral visa-free travel arrangement, according to Beijing’s embassy, a move that could boost arrivals in the city-state from what was its biggest pre-pandemic tourism market. There were 3.6 million Chinese visitors to Singapore in 2019, more than …
After opening borders, China presses Singapore for visa-free travel deal Read More »
MANILA (Reuters) – Joint patrols between the Philippines and the United States in the South China Sea may begin later this year, a top diplomat said on Monday, just days after Washington clarified its commitment to defend Manila from an attack at sea. Discussions were continuing on the joint maritime patrols, which were announced in …
Joint Philippines-U.S. patrols in South China Sea may begin by third quarter – envoy Read More »
(Reuters) -The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia’s war machine, the Financial Times reported on Sunday. Seven Chinese businesses have been listed in a new package of sanctions that will be discussed by EU member states this week, the report …
EUs plans to slap sanctions on Chinese firms aiding Russia’s war machine – FT Read More »
By Laurie Chen BEIJING (Reuters) – China’s hawkish state media tabloid, the Global Times, criticised on Monday a letter of protest by South Korea’s embassy in Beijing, the latest public spat amid worsening ties between the Asian neighbours. South Korea’s recent diplomatic push towards Japan and the U.S. would “induce and aggravate the … collapse …
Chinese state tabloid criticises South Korean protest letter Read More »
BEIJING (Reuters) – An experimental Chinese spacecraft returned to Earth on Monday after staying in orbit for 276 days, China’s state media reported, completing a landmark mission to test the country’s reusable space technologies. The uncrewed spacecraft returned to the Jiuquan launch centre in northwest China on Monday as scheduled, according to state media. No …
Mystery Chinese spacecraft returns to Earth after 276 days Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open slightly higher on Monday boosted by the positive risk mood following the U.S. monthly jobs report. Non-deliverable forwards indicate the rupee will open at around 81.75 to the U.S. dollar compared with 81.80 in the previous session. Asian shares followed their U.S. …
Rupee may inch up on upbeat risk, eyes US inflation data Read More »
SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc and BYD. The market, crowded with more than 90 models, is about to get even tighter with at least 20 new models of …
Analysis-Battle for China’s electric SUV market heats up at home and abroad Read More »
