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  • JAKARTA, Indonesia— Indonesian ride-hailing app Go-Jek says it will expand into Thailand, Vietnam, Singapore and the Philippines in the next few months, vying with rival Grab for Southeast Asian customers. Go-Jek, which currently only operates in Indonesia, said Thursday it will spend $500 million on the regional expansion. The move comes after Uber agreed in...

  • BEIJING— German Chancellor Angela Merkel has met with Chinese Premier Li Keqiang on her visit to China amid tension in both Beijing and the European Union over trade issues with the United States and Washington's rejection of the Iran nuclear deal. Her trip follows visits to Washington to meet with President Donald Trump and to Sochi, Russia for talks with...

  • *Muji fined 200,000 yuan for violating China advertising law. SHANGHAI, May 24- Japanese retailer Muji has been fined 200,000 yuan in Shanghai for using packaging that lists Taiwan as a country, underscoring China's growing sensitivity to how companies refer to the self-ruled island. Muji, which is owned by Ryohin Keikaku Co, imported 119 clothes hangers from...

  • BEIJING, May 24- China hopes to work with Japan and South Korea to reach a mutually beneficial free trade agreement as soon as possible, the Chinese commerce ministry's spokesman said on Thursday.

  • PUTRAJAYA, Malaysia— Former Malaysian Prime Minister Najib Razak has arrived at the anti-corruption agency's office for more questioning over alleged graft at a state investment fund. Najib was quizzed by the Malaysian Anti-Corruption Commission for more than four hours Tuesday about the 1 MDB fund. U.S. investigators say Najib's associates stole and...

  • MAEBASHI, Japan, May 24- Bank of Japan board member Makoto Sakurai said on Thursday excessive monetary easing could destabilize the economy and suggested the bank could whittle down its massive stimulus program if growth continues to strengthen. Sakurai, a former academic who is seen as representing the BOJ's mainstream views, also said the central bank must...

  • TOKYO, May 24- Japan's Nikkei share average fell to more than two-week lows on Thursday as automakers like Toyota slumped after the Trump administration launched a national security investigation into car and truck imports that could lead to new U.S. tariffs. "Sentiment in the auto sector is bad with the tariff concerns, and a strong yen is pouring salt on the...

  • TOKYO, May 24- Japanese women, long accustomed to enduring sexual harassment in silence, are speaking out after a high-profile scandal involving a top bureaucrat stirred debate and protests. In interviews with Reuters, six prominent women said they hoped Japan was at a turning point in attitudes towards harassment, but urged steps to shrink social, political...

  • BEIJING, May 24- China's Commerce Ministry said on Thursday that it had not pledged to cut the country's trade surplus with the United States by a certain figure, and hopes the United States implements measures promised during trade negotiations as soon as possible.

  • KUALA LUMPUR, May 24- The government of former Malaysian Prime Minister Najib Razak used funds from a central bank deal to pay for some of the liabilities of beleaguered state fund 1 Malaysia Development Berhad, two sources with knowledge of the matter told Reuters. Funds from a land sale made by the government to the central bank for about 2 billion ringgit were...

  • President Donald Trump said any trade deal with top metals consumer China would "need a different structure." Treasury Secretary Steven Mnuchin said the prospect of a U.S.- China trade war was "on hold. Meanwhile, the CEO of Russia's VTB Bank, Andrey Kostin, said on Wednesday the bank was ready to give aluminum producer Rusal more time to make repayments on its loans,...

  • *New York- listed shares down 7.5 pct after close. RIO DE JANEIRO/ BRASILIA, May 23- Brazil's state-led oil company Petrobras on Wednesday temporarily cut diesel prices by 10 percent in order to help the government and truck drivers resolve a protest crippling highways. New York- listed shares of Petrobras fell as much as 7.5 percent in after-market trading, after...

  • TOKYO, May 24- The resignation of Japan's top finance bureaucrat after accusations that he sexually harassed female journalists has sparked heated debate and protests in a country where women have traditionally been afraid to speak out for fear of being blamed. Below are comments by five prominent women interviewed by Reuters on the topic.

  • TOKYO, May 24- Japanese women, long accustomed to enduring sexual harassment in silence, are speaking out after a high-profile scandal involving a top bureaucrat stirred debate and protests. In interviews with Reuters, six prominent women said they hoped Japan was at a turning point in attitudes towards harassment, but urged steps to shrink social, political...

  • CHICAGO, May 23- United Airlines executives faced questions about ending its discount for a gun rights group and how it treats its workers at the carrier's annual shareholders meeting on Wednesday. Asked about United's decision to sever ties with the National Rifle Association in the wake of the recent U.S. high school shooting in Parkland, Florida, Chief...

  • *The most active soybean futures on the Chicago Board Of Trade were up 0.4 percent at $10.43-1/ 2 a bushel by 0137 GMT, near the session high of $10.43-3/ 4 a bushel- the highest since May 4. *The most active corn futures edged up 0.1 percent to $4.09 a bushel, having gained 0.9 percent in the previous session when prices hit a high of $4.09 a bushel- the highest since July...

  • SEOUL, May 24- The Bank of Korea held interest rates steady for a sixth straight month on Thursday, with inflation seen remaining below target and trade frictions between the United States and China raising fears of collateral damage to other export-reliant Asian economies. The Bank of Korea's monetary policy committee held its base rate steady at 1.5 percent,...

  • WASHINGTON, May 23- The Trump administration on Wednesday launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March. It is also trying to renegotiate the North American Free Trade Agreement to return more auto production to the United States.

  • SHANGHAI, May 24- Japanese retailer Muji has been fined 200,000 yuan in Shanghai for using packaging that lists Taiwan as a country, underscoring China's growing sensitivity to how companies refer to the self-ruled island. Muji, which is owned by Ryohin Keikaku Co, imported 119 clothes hangers from Japan last year in packaging that marked Taiwan as the "country...

  • SEOUL, May 24- Oil prices fell on Thursday, pulled down by expectations that OPEC members could step up production in the face of worries over supply from both Venezuela and Iran. The Organization of Petroleum Exporting Countries may decide to increase oil output to make up reduced supply from Iran and Venezuela in response to concerns from Washington over a...