Reuters Asia

BEIJING (Reuters) -China condemns U.S. sanctions on Chinese firms and individuals over their alleged involvement in fentanyl trade, and has lodged representations with Washington, the Chinese foreign ministry said on Monday. “China, in the spirit of humanitarianism, has been trying to help the U.S. as best it can,” spokesperson Wang Wenbin told a regular news …

China condemns US sanctions on those allegedly involved in fentanyl trade Read More »

TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday that Tokyo had lodged a protest with Russia over its military exercises around disputed islands near Japan’s Hokkaido. Matsuno also said that Russia informed Tokyo that it would conduct missile exercises around the disputed islands between April 18 and 22. Separately, Russia last …

Japan’s Matsuno: Tokyo lodged protest with Russia over military drills near disputed islands Read More »

(Corrects typographic error in the 20th paragraph) By Leika Kihara WASHINGTON (Reuters) -Japan’s new central bank Governor Kazuo Ueda gave a clear message to policymakers gathered for global finance meetings here over the last week: The country will remain a dovish outlier by keeping interest rates ultra-low – at least for now. Since taking the …

New BOJ head’s message to world: We’re staying the course – for now Read More »

SEOUL (Reuters) – South Korea’s exports to China are likely to remain weaker than expected for now before recovering in the second half of this year as the benefits of the reopening of the world’s no. 2 economy start to filter through, the central bank said on Monday. The Bank of Korea (BOK) said in …

Bank of Korea sees China-bound exports recovering from second half Read More »

(Reuters) – Myanmar’s junta has released 3,113 prisoners, including 98 foreigners, to mark the country’s traditional New Year on Monday, according to a statement from the military government published on pro-military Telegram channels. A junta spokesperson did not answer a phone call seeking comment. (This story has been corrected to fix spelling of Myanmar in …

Myanmar’s junta pardons over 3,000 prisoners for New Year -military statement Read More »

SEOUL/TOKYO (Reuters) – South Korea and Japan’s finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy that has been hampered by diplomatic conflict. South Korean Finance Minister Choo Kyung-ho told reporters during a visit to the United States that he has …

South Korea and Japan’s finance ministers to hold first bilateral talks in 7 years Read More »

SHANGHAI (Reuters) -Workers from Tesla’s Shanghai factory are taking to social media to appeal to Elon Musk and the Chinese public after being informed over the weekend about planned cuts to their performance bonuses, according to online posts and workers.  Posts from online users began appearing on forums such as Baidu Tieba late last week. …

Tesla Shanghai factory workers appeal to Elon Musk after being told of bonus cut Read More »

TAIPEI (Reuters) -The U.S. warship USS Milius sailed through the Taiwan Strait on Sunday, in what the U.S. Navy described on Monday as a “routine” transit, just days after China ended its latest war games around the island. China, which views Taiwan as its own territory, officially ended its three days of exercises around Taiwan …

US warship sails through Taiwan Strait following China war games Read More »

SHANGHAI/SINGAPORE (Reuters) -China’s central bank bolstered liquidity support for the economy as it rolled over maturing medium-term policy loans with higher cash offerings for the fifth month on Monday, while keeping the interest rate unchanged as expected. The slightly higher fund injection would help replenish liquidity gaps created by upcoming tax payments by banks and …

China central bank boosts liquidity support with roll over of medium-term loans Read More »

JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China’s battery minerals producer Zhejiang Huayou Cobalt, the Southeast Asian country’s investment minister said. Automakers are courting Indonesia for its raw materials used in producing EV batteries, which account for about 40% of …

Volkswagen to partner with Vale, Ford, Huayou on Indonesia EV battery ecosystem -minister Read More »