Reuters Asia

By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data later this week, while the Australian and New Zealand dollars rallied after China pledged an “appropriately loose” monetary policy next year. While markets have priced in a quarter-point interest-rate cut by the U.S. …

Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China Read More »

By Jisoo Kim and Daewoung Kim SEOUL (Reuters) – Stars of Netflix’s mega-hit series “Squid Game” on Monday lamented South Korea’s ongoing political turmoil since last week’s shocking martial law order by President Yoon Suk Yeol but said they were confident the country will overcome the crisis. The show’s highly anticipated second season premiered in …

‘Squid Game’ stars confident South Korea will overcome martial law turmoil Read More »

By Yimou Lee, Ben Blanchard TAIPEI (Reuters) -Taiwan raised its alert level on Monday, saying China had reserved airspace and deployed naval and coast guard vessels in what a security source called the first military drills across a broad swathe of the region’s waters. A senior Taiwan security official said China had nearly 90 navy …

Taiwan raises alert as China deploys 90 ships in likely exercises Read More »

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand has recorded a 20% drop in low-quality imports, mostly from China since introducing steps to curb cheap Chinese imports that were hurting business in Southeast Asia’s second-largest economy, a government spokesperson said on Monday. Cheap goods from China have upended local manufacturing and businesses, contributing …

Thailand posts 20% drop in low-quality Chinese imports, official says Read More »

By Ju-min Park and Joyce Lee SEOUL (Reuters) -South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis. Yoon has apologised for the botched …

South Korea President Yoon banned from foreign travel as leadership crisis deepens Read More »

SEOUL (Reuters) – From trade and diplomacy to markets and budgets, South Korea struggled to contain the fallout from the president’s brief but shocking martial law attempt last week, just as the country navigates an uncertain future with its ally the United States. Life largely went on without disturbance for South Koreans on Monday, but …

From budgets to diplomacy, South Korea reels from martial law fallout as Trump looms Read More »

By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation …

China targets Nvidia with antitrust probe, escalates US chip tensions Read More »