JAKARTA (Reuters) – Increased imports of U.S. food and commodities by Indonesia would mean lower orders from countries that Indonesia currently buys the products from, chief economic minister Airlangga Hartarto told reporters in Washington. Airlangga is in Washington as part of a delegation of senior officials who are meeting U.S. counterparts for talks about U.S....
BEIJING (Reuters) – China’s smartphone shipments in the first quarter by 3.3% from a year earlier, research firm IDC said. Apple’s shipments in China fell 9% from a year earlier while Huawei’s rose 10% in the same period. (Reporting by Liz Lee and Beijing newsroom; Editing by Christian Schmollinger) ,,,
Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans Ernest Scheyder Fri, April 18, 2025 at 12:49 AM UTC 3 min read FILE PHOTO: Members of the Native American group Apache Stronghold gather outside the court in Washington A view of the BHP Limited logo at their headquarters in Melbourne...
By Leika Kihara TOKYO (Reuters) -Japan’s core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank’s task of weighing mounting price pressures against risks to the economy from higher U.S. tariffs. The data comes ahead of the Bank of Japan’s policy meeting next week, when...
SEOUL (Reuters) – South Korea’s financial watchdog ordered on Thursday Hanwha Aerospace to submit another revision to its share issue plan, pushing back on the capital raising plans of the country’s largest defence contractor for a second time. The Financial Supervisory Service said in a stock exchange regulatory notice that Hanwha’s filing last week contained...
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows. The spotlight stayed on technology shares after a bruising session on...
By Ankur Banerjee SINGAPORE (Reuters) – Investors are bracing for the results from Taiwan’s TSMC on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump’s trade policies. Chip stocks across the globe have suffered this year as investor jitters about spending on AI infrastructure, the...
By Rupam Jain NEW DELHI (Reuters) – The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said. Green cryptocurrencies are digital currencies mined using clean energy resources such as...
(Reuters) – TikTok’s U.S. public policy chief, Michael Beckerman, a key figure in its fight against a U.S. government ban, plans to leave his Washington-based role and transition to a global advisory position, The Information reported on Wednesday, citing a staff memo. Earlier this month, President Donald Trump extended the deadline for the sale of...
(Reuters) – China’s economy grew 5.4% year-on-year in the first quarter, data showed on Wednesday, surpassing estimates, but a trade war with the United States has cast a shadow over the outlook and raised pressure on Beijing to roll out further stimulus. Analysts polled by Reuters had expected first-quarter gross domestic product (GDP) to expand...
