Reuters Asia Business

By Ankur Banerjee SINGAPORE (Reuters) – Indonesian markets, after a period of relative calm, are showing signs of concern about the prospect of a drawn out national election and the possibility of the country’s highly regarded finance minister, Sri Mulyani Indrawati, departing. As Indonesia heads to presidential and legislative elections on Feb. 14, Defence Minister …

Analysis-Indonesian markets rattled by election uncertainty, Finance Minister’s future Read More »

By Francesco Guarascio HANOI (Reuters) -The U.S. geological agency has sharply revised down estimates on Vietnam’s rare earths output and expects a further drop despite its rich resource base, according to an annual report, which showed a rise in dominant producer China’s output. The U.S. Geological Survey’s (USGS) estimates, published late in January, came only …

Vietnam rare earths output drops as China’s grows, US says Read More »

By Maki Shiraki and Anton Bridge TOKYO (Reuters) – The seeds of former flight attendant Mitsuko Tottori’s rise to the top of Japan Airlines (JAL) were planted in the aftermath of the carrier’s bankruptcy more than a decade ago. Tottori, who rose through the ranks from cabin crew to chief customer officer, takes over as …

At Japan Airlines, bankruptcy helped lay groundwork for first female boss Read More »

(Reuters) – Pakistan on Wednesday increased the prices of petrol by 13.55 rupees ($0.0483) to 272.89 rupees, with effect from Feb. 1, the finance ministry said in a post on messaging platform X. The government also increased the price of high speed diesel by 2.75 rupees to 278.96 rupees, the post said. ($1 = 279.5000 …

Pakistan hikes prices of petrol, diesel -finance ministry Read More »

By Echo Wang NEW YORK (Reuters) – Amer Sports’ growing reliance on China for its revenue is weighing on the appetite of those considering buying into the sporting equipment maker’s $1.8 billion U.S. initial public offering (IPO), four people involved in the process told Reuters. The company behind Arc’teryx outdoor apparel, Salomon sporting goods and …

Amer Sports’ China reliance weighs on 2024’s first big IPO -sources Read More »

By Anton Bridge TOKYO (Reuters) – Mitsuko Tottori’s appointment as Japan Airlines’ next president makes her something of a rarity in Japan – a female head of a well known company. While Japanese firms have rapidly lifted the number of female board members in recent years, most are outside directors. Change from within is slower …

Japan Inc opens door to more women directors, but managers remain rare Read More »

By Blake Brittain (Reuters) – Computer networking company Netgear has sued Huawei in California federal court, claiming the Chinese tech giant broke U.S. antitrust law by refusing to license its patents on reasonable terms. The complaint, filed late on Tuesday, also accused Huawei of fraud, racketeering and other offenses for allegedly withholding patent licenses for …

Netgear sues Huawei in US antitrust case over patent licensing Read More »

(Reuters) – A rescue operation is underway in China’s equity markets with large and unusual flows into blue-chip funds suggesting a plunge by state-backed investors. It is unclear exactly who is buying, or whether their pockets are deep enough to turn around the sliding market. But analysts say the purchasing pattern points to the so-called …

State-backed ‘national team’ of investors piles in to support China stocks Read More »