Asia

Treasury Wine Estates Reins Back On Earnings Expectations Due To Coronavirus

Wine producer Treasury Wine Estates (TWE) has said that it no longer expects to achieve its forecasted EBIT growth of between 5% and 10% for the full year,...

Tesco Completes China Exit With Joint Venture Stake Sale

Britain's biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China...

Juul Halts Indonesia E-Cig Sales, Throwing Asia Expansion In Doubt

Juul Labs Inc is halting sales in Indonesia, citing concerns that it can't stop retailers from selling its high-nicotine e-cigarettes to young people in a...

Vietnam's Rice Export Prices Climb To Over 1-Year High On Strong Demand

Vietnam's rice export prices surged to a more than one-year high this week on strong demand from the Philippines and Malaysia, while rates for the Indian v...

PTT Retail Unit Plans To Bid For Tesco's Asia Business: Sources

The retail unit of Thailand's biggest energy company PTT plans to bid for Tesco Plc's Asia businesses, competing with other Thai corporate heavyw...

Asia Rice-Thai Rice Export Prices Rise As Drought Triggers Future Supply Concerns

Thailand's rice export prices rose this week on concerns that a drought hitting the country may harm future supplies of the crop, while the festive season...

Tesco Considers Thailand, Malaysia Exit

Britain's biggest retailer, Tesco , has signalled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian busine...

Germany Ups Anti-Swine Fever Measures After Case Close To Border

Germany said on Friday it was stepping up measures to prevent an outbreak of African swine fever (ASF) after a case was discovered in a wild boar in Poland...