Reuters Asia

By Abhirup Roy SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk said on Wednesday Chinese automakers will “demolish” global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide. Musk’s comments come after Warren Buffett-backed BYD – with its cheaper …

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TAIPEI (Reuters) – Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won election earlier this month. Lai, from Taiwan’s ruling Democratic Progressive Party (DPP) and the current vice president, will …

Taiwan president-elect says he hopes for continued firm US support Read More »

TAIPEI (Reuters) – Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won election earlier this month. Lai, from Taiwan’s ruling Democratic Progressive Party (DPP) and the current vice president, will …

Taiwan president-elect says he hopes for continued firm US support Read More »

SEOUL (Reuters) -North Korea said it tested its new strategic cruise missile on Wednesday, state media KCNA reported on Thursday, confirming what the South Korean military said the day before. The missile dubbed “Pulhwasal-3-31” is currently under development and the test-firing had no impact on the security of neighbouring countries, the state media said, adding …

North Korea says it tested new strategic cruise missile Read More »

SEOUL (Reuters) -North Korea said it tested its new strategic cruise missile on Wednesday, state media KCNA reported on Thursday, confirming what the South Korean military said the day before. The missile dubbed “Pulhwasal-3-31” is currently under development and the test-firing had no impact on the security of neighbouring countries, the state media said, adding …

North Korea says it tested new strategic cruise missile Read More »

By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing domestic demand, although some analysts believe Asia’s fourth-largest economy will struggle to maintain its momentum. Gross domestic product (GDP) for the October-December quarter was 0.6% …

South Korea’s economy grew faster than expected in Q4 Read More »

By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing domestic demand, although some analysts believe Asia’s fourth-largest economy will struggle to maintain its momentum. Gross domestic product (GDP) for the October-December quarter was 0.6% …

South Korea’s economy grew faster than expected in Q4 Read More »