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Asia

Senator wants U.S. to pause implementation of new electric vehicle tax credits

BY Reuters  • December 29, 2022December 29, 2022
(Reuters) – Senate Energy and Natural Resources Committee chair Joe Manchin on Thursday urged the U.S. Treasury to pause implementation of commercial and consumer electric vehicle tax credits. T[...]
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Asia Business Economy Top News Updated US

Dollar slides as traders weigh China outlook, U.S. jobless claims

BY Reuters  • December 29, 2022December 29, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar slipped on Thursday with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out and as markets pro[...]
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Asia Australia Business Economy Europe UK Updated US

Honda to recall 200,000 hybrid vehicles made in China -regulator

BY Reuters  • December 29, 2022December 29, 2022
By Casey Hall SHANGHAI (Reuters) – Honda will recall just over 200,000 hybrid vehicles due to issues with brake pedal sensors in some models, China’s State Administration for Market Regula[...]
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Asia Business Updated

Explainer-How will Japan resolve shipping insurance for Russian LNG imports?

BY Reuters  • December 29, 2022December 29, 2022
By Yuka Obayashi TOKYO (Reuters) – Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western rein[...]
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Asia Business Europe Updated

Thai economy recovers, tourism to see upside from China’s reopening – central bank

BY Reuters  • December 29, 2022December 29, 2022
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy remained on the recovery path in November, boosted by increased tourism and domestic consumption while e[...]
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Asia Economy Updated

German exporters prepare for a challenging 2023

BY Reuters  • December 29, 2022December 29, 2022
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers c[...]
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Asia Business Economy Europe Politics US

China to adjust trade tariffs on some goods from Jan 1

BY Reuters  • December 29, 2022December 29, 2022
BEIJING (Reuters) – China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand domestic demand, the finance ministry said on T[...]
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Asia Economy Politics

Malaysia to unveil new 2023 budget on Feb 24

BY Reuters  • December 29, 2022December 29, 2022
KUALA LUMPUR (Reuters) – Malaysia’s new government will present its budget for 2023 on February 24, according to a schedule published on the parliament’s website. The previous admini[...]
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Asia Economy Politics

Analysis-China’s services sector eyes recovery after reopening, but challenges loom

BY Reuters  • December 29, 2022December 29, 2022
By Joe Cash and Engen Tham BEIJING/SHANGHAI (Reuters) – Jordan Li, a restaurant owner in the southwestern Chinese city of Chengdu, hopes desperately that next month’s Lunar New Year holida[...]
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