Reuters Asia

Trafigura director quizzed on ‘Mr. Non-Compliant’ in Swiss corruption case

By Emma Farge BELLINZONA, Switzerland (Reuters) -A Swiss judge questioned a Trafigura board member on Thursday over the trading firm’s dealings with a consultant referred to in the firm’s corruption indictment as “Mr. Non-Compliant” who was allegedly part of a chain of intermediaries used to bribe an Angolan official. Swiss prosecutors say that Trafigura and …

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Temu, Shein suspend Vietnam operations amid crackdown on e-commerce platforms

By Phuong Nguyen and Khanh Vu HANOI (Reuters) -Chinese online retailers Temu and Shein have suspended their operations in Vietnam as the companies work to register their e-commerce services with the Southeast Asian nation’s authorities, the two companies said on Thursday. The Vietnamese government and domestic businesses have voiced concern about the impact of deep …

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Honda to recall over 205,000 US SUVs over fuel leak concern, NHTSA says

(Reuters) – The National Highway Traffic Safety Administration said on Thursday that Honda would recall about 205,760 SUVs in the United States over a fuel leak issue. The recall includes some Passport and Pilot vehicles from model years 2023-2025. The filler neck tube and pipe may separate, allowing fuel to leak on impacted models, the …

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Korean party spokesperson who grappled with martial law soldier insists she is not special

By Jisoo Kim and Daewoung Kim SEOUL (Reuters) – A South Korean party spokesperson seen grappling with a rifle-wielding soldier in a video that went viral as a symbol of defiance against martial law insisted on Thursday that she was not especially brave. President Yoon Suk Yeol was forced to abandon his declaration of martial …

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Pakistan’s Imran Khan indicted on charges of inciting attacks against military

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s former Prime Minister Imran Khan was indicted on Thursday on charges of inciting attacks against the military, a case stemming from deadly anti-government rallies led by his party last year. The indictment was the latest in dozens of cases against the 72-year-old former cricket star turned politician, who …

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Saudi Arabia extends term of $3 billion deposit with Pakistan for another year

KARACHI (Reuters) – Saudi Arabia has extended the term of a $3 billion deposit placed with Pakistan to support its economy for another year, Pakistan’s central bank said on Thursday. The term of the deposit, which was maturing on Thursday, was initially signed with State Bank of Pakistan in 2021, and was subsequently rolled over …

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EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows

(Reuters) – Electric vehicles and plug-in hybrids are seeing concerns over their reliability easing but they still lag gas-powered vehicles, a survey by an influential U.S. non-profit organization showed on Thursday. EVs now have 42% more problems than their gas-powered counterparts, down from last year’s 79%, according to the Consumer Reports (CR) annual auto reliability …

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